SHE Level 5
SCQF Credit Points 4.00
ECTS Credit Points 2.00
Module Code MMNY24891
Module Leader n/a
School School of Computing, Engineering and Built Environment
Subject GCU New York
  • A (September start)
  • B (January start)
  • C (May start)

Pre-Requisite Knowledge


Summary of Content

This module on global political economy is designed to provide students with the analytical tool to understand the contemporary world economy within a historical context and analyse different trends, issues and dynamics of social, cultural, religious, political and economic environment that shapes our day to day life in particular and international business in particular. The module takes an interdisciplinary approach to understand and address theoretical issues to replicate economic realities of our world today. In this way, the module covers a comprehensive and critical understanding of the global political economy and its structures, agencies and processes. This course will be taught via a combination of lectures, seminars and tutorials.


1: From Classical to Global Political Economy. 2: Theories and Approaches to Study Global Political Economy. 3: Concepts in Global Political Economy. 4: Economic Institutions (formal, informal, local, national and international). 5: Family, Business, State and Markets. 6: Faith and the Global Political Economy. 7: Contours of the Comparative Global Political Economy. 8: Issues and Trends in Contemporary Global Political Economy (liberalisation, privatisation, globalisation, poverty, underdevelopment and governance). 9: Political Economy of Economic Growth and Human Development. 10: The Political Economy of Global Economic Crisis and International Business. 11: Group Presentations on Global Political Economy (presentation will be assessed). 12: Group Discussions on 'Crisis and Resistance' in Global Political Economy.

Learning Outcomes

On successful compeltion of this module, the student should be able to:1 Develop an integrated advanced and critical interdisciplinary knowledge of theories and issues involved in the debates on global political economy.2 Develop critical faculty about different trends in global political economy.3 Provide students with appropriate tools of analysis that will allow them to undertake applied research for their personal and public life in the areas of social, economic and political development which will make them vocationally relevant to employment in government, commerce and industry or in any other sectors of their work.4 Provide students with the analytical skills and knowledge required to evaluate current and future issues in global political economy (ies) in contemporary world. This course provides and consolidates both intellectual and technical skills that will be of most valuable to create critical and informed citizenship for common social good and an inclusive society.

Teaching / Learning Strategy

This module has been designed to focus on the requirements of the students of interdisciplinary background. The module will be delivered every week through a series of ten thematic lectures followed by student led seminars and assessed presentations (individual/group).The lectures and seminars will deal with theories in the context of contemporary issues in global political economy and its impact on different nation-states and societies. All students will be encouraged to use examples and case studies (i.e. impact of globalisation on Glasgow or impact of supermarkets on local trade/shops in Glasgow) in their debates, discussions, writings and presentations. Audio-visual items, documentaries and films will be used to understand different trends in contemporary developments in the field of global economy and development. There will be regular discussions, debates and different kinds of interface between the students, tutors and lectures of this module by using the GCU Learn system. However, teaching, learning and assessment strategies have been developed in this module to ensure that there is constructive alignment between intended learning outcomes. GSBS will continue to use the advancement of GCU Learn as a blended learning tool through its teaching and learning as well as through engagement with students. GSBS will ensure that all modules are GCU Learn enabled and with the support of the Learning Technologists at the cutting edge of development of online materials. Academic staff and the Learning Technologists will continue to work together to develop and operate all modules on GCULearn to ensure student support and information sharing.

Indicative Reading

Crane, G.T. & Amawi, A. (1997), The Theoretical Evolution of International Political Economy(ed) , 2 nd edition, OUP, Oxford. O'Brien, R. & Williams, M. (2007), Global Political Economy: Evolution and Dynamics , 2nd edition, Palgrave Macmillan, London. Ravenhill, J. (2008), Global Political Economy (ed), 2 nd edition, OUP, Oxford. Watson, M. (2005), Foundations of International Political Economy , Palgrave Macmillan, London. Walter and Sen, (2009) Analyzing the Global Political Economy , Princeton University Press, Princeton. Gilpin, R. (2001), Global Political Economy , Princeton University Press, Princeton. William Keech, Economic Politics (New York: Cambridge University Press, 1995) [chapters 1 &2]. Pijl, Kees Van Der. (2009), A Survey of Political Economy , accessible as a web text at <> , Chapter-1 Oatley , T. ( 2008 ), International Political Economy . Interests and Institutions in the Global, Economy, Pearson Longman, New York. Journals for Reference European Journal of Political Economy European Political Economy Review Global Economic Review Global Economy Journal Global Economy Quarterly Global Political Economy History of Political Economy International Economic Review International Economics and Economic Policy International Economics and Finance Journal International Economy International Journal of Political Economy Journal of Asian and African Studies Journal of Development Studies Journal of Global Political Economy Journal of International and Comparative Economics Journal of International and Global Economic Studies Journal of International Financial Markets, Institutions and Money Journal of International Money and Finance Monthly Review New Political Economy Review of African Political Economy Review of Black Political Economy Review of International Political Economy Review of Political Economy Review of Radical Political Economics The World Bank Economic Review The World Economy Websites to Refer: <> (the most important). <> <> <> (the most important). <> (important). <> <> (very important). DO NOT REFER WIKIPEDIA OR ANY OTHER NON ACADEMIC WEBPAGE.

Transferrable Skills

The successful `completion of this module will enable students to understand, analyse and evaluate different aspects of the global political economy and its impact on their day to day life and society. It will develop problem solving skills under different difficult and diverse situations. The theoretical experience and historical knowledge will help in managing and organising projects and developing relevant policies. In this way, the module has been designed to create critical and informed citizenship to achieve common social goals through inclusive approach to understand different dynamics of the global political economy. However, this module will enable students to develop presentation and analytical skills through the ability to express and discuss concepts and develop arguments with clarity and confidence. Engage in critical debate and discussion through team work and self-management. The students of this module will develop the ability to reflect on different issues with the help of enhanced research skills and commitments.

Module Structure

Activity Total Hours
Assessment (FT) 34.00
Independent Learning (FT) 130.00
Lectures (FT) 24.00
Seminars (FT) 12.00

Assessment Methods

Component Duration Weighting Threshold Description
Essay n/a 25.00 n/a 2000 words
Formal Exam (Exams Office) 2.00 50.00 45% Writen examination
Group Presentation n/a 25.00 n/a Seminar Group Presentation. Oral/Powerpoint