Details - Tematika

International political economics (MANGBAN-INTPOLEC-1)

Basic data

Name and type of the study programme

International business, undergraduate program

Curriculum

2026

Classes / consultation hours

2 + 1 + 0 (L+S+Labs)

Credits

5 credits

Theory – Practice

Theory: 67%, Practice: 33%

Recommended semester

Semester 4

Study mode

full-time

Prerequisites

Evaluation type

Colloquium

Course category

Compulsory

Language

English

Instructors

Responsible instructor

Klemensits Péter Dr.

Responsible department

Gazdaságtudományi Kar

Instructor(s)

Klemensits Péter Dr.

Checked by

–

Course objectives

This course examines how politics and economics influence each other within the international system. International political economy addresses issues that emerge from, or are influenced by, the interaction of international politics, international economics, various social systems (such as capitalism and socialism), and societal groups (such as local farmers, different ethnic groups within a country, immigrants in regions like the European Union, and the poor who exist transnationally).

Course content

Lectures

Throughout the semester, it explores key questions arising from areas such as trade, production, and finance, and their interaction with political pressures found in both richer and poorer states, in the strategies of transnational corporations, and in international organisations.

Seminars

• Meaning and Nature of IPE • Theoretical Perspectives of IPE • Contemporary theories of IPE • Singapore as a developmental state • New economic Theories • National Political Economy systems in the world • The global economy in the Eurasian era • International Trade • International monetary system • International financial system • The state and the multinational companies • Regional integrations • Belt and Road Initiative • ASEAN • The role of the nation state in the global economy • Sustainability

Acquired competences

Knowledge

Has knowledge of the fundamental and comprehensive concepts, theories, facts, and both national and international economic contexts, and is able to assess the significance and weight of processes occurring in the global economy accurately. Possesses a command of the basic professional vocabulary of economics in English.

Skills

Possesses a command of the basic professional vocabulary of economics in English.

Attitude

Able to work effectively in an international, multicultural environment. Develops positions based on personal analysis and can defend them in debate. Able to develop strategies for solving complex problems, plan solutions, make decisions, and provide professional advice to economic actors.

Autonomy and responsibilities

Students are able, under general professional supervision, to independently analyse global economic processes and collect, organise, and evaluate data. Takes responsibility for their work, analyses, conclusions, and decisions.

Requirements, evaluation and grading

Mid-term study requirements

One short presentation (30 min) during a practical class, on a topic of free choice related to the class theme. Selection of topics in the first half of March. The date of the first presentation is March 11.

Exam requirements

Students will be assessed based on 67% oral exam + 33% presentation and discussion.

Generative AI usage

1st position: Use of GAI tools is not permitted for solving assignments. This means GAI tools cannot be used to complete formative or summative assessments, and using GAI constitutes academic misconduct. The use of AI tools for spelling and grammar checking does not fall under this prohibition.

Study aids, laboratory background

As part of this course, students are required to review the following mandatory and recommended readings.

Readings

Compulsory readings

Robert Gilpin: Global Political Economy: Understanding the International Economic Order. Princeton University Press, 2001. Bruno Macaes: The Dawn of Eurasia: On the Trail of the New World Order. Yale University Press, 2018.