Global Political Economy
RMIT University Vietnam
Ho Chi Minh City, Vietnam
Area of Study
Economics, International Business, International Economics
Taught In English
Host University Units12
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4.5
Hours & Credits
This course introduces students to the many ways in which politics and economics intersect and interlink, globally. Rather than understanding the global economy as being separate from political processes, the course examines the relationship between the two to consider the political, social, and environmental implications of different economic systems and decisions, as these occur in local, global and regional contexts. Key concepts explored include: the role of the state in guiding the economy, privatisation versus state ownership of public services, the global distribution of wealth and poverty, and the sustainability of contemporary capitalism. A number of case studies are drawn on to examine these themes, such as patterns of global labour migration, the increasing influence of multinational corporations, and emerging threats to environmental security. The course seeks to equip students from a range of disciplinary backgrounds with the critical skills to more deeply understand the breadth of social and political outcomes that emerge from an increasingly integrated global economy.
Objectives/Learning Outcomes/Capability Development
Upon successful completion of this course you will be able to:
- Describe and apply basic economic terminology
- Apply economic concepts to key issues that matter to you and your future profession
- Identify and evaluate how different groups’ economic interests and political views impact on business, politics and society
- Locate and use a range of sources of information and analysis relating to global, international, national and urban issues where politics and economics intersect
- In the course you will develop the following graduate capabilities:
- Critical analysis and problem solving
- Global outlook and competence
- Research literacy
Overview of Learning Activities
Learning activities will include interactive workshop activities focusing on group-based discussion and problem solving tasks. Course learning materials will be made available in a range of formats, which may include lectures, guest speakers and online media. In workshops you will also develop academic skills including analytical reading and academic writing.
In order to develop your knowledge and skills, you will be expected to participate in interactive discussions and activities and to critically engage with the weekly reading materials. The workshops offer a supportive learning environment where you will have the opportunity to share your knowledge and experiences, and to learn from the knowledge and experience your peers. This peer-based learning may take place through small-group discussions, collaborative work on activities and assessments and/or peer reviewing of research, written work and/or oral presentations.
Overview of Learning Resources
You will be given access to a wide range of resources through a Course Reader or core textbook and also will be able to access to a wide range of online learning tools and content for your course from the student portal, myRMIT, and RMIT Library resources. These resources will include book chapters, journal articles, media articles, lecture notes, bibliographies for supplementary reading, video, and links to external websites. You will have the opportunity to contribute collectively to class resources by sharing your own research findings and sources with your peers.
Overview of Assessment
You will be assessed on how well you meet the course’s learning outcomes and on your development against the graduate capabilities. Assessment tasks may include but are not limited to presentations, short written assignments, collaborative projects and a major research essay. Feedback will be provided throughout the semester by your teachers and peers in class and/or online discussions, and through individual and/or group feedback on practical exercises.
If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more.
A student charter http://www.rmit.edu.au/about/studentcharter summarises your responsibilities as an RMIT student as well as those of your teachers.
Your course assessment conforms to RMIT assessment principles, regulations, policies, procedures and instructions which are available for review online: http://www.rmit.edu.au/policies/academic#assessment