Not available in 2023/24
IR429
Economic Diplomacy
This information is for the 2023/24 session.
Teacher responsible
Dr Boram Lee
Availability
This course is available on the MSc in Global Politics, MSc in International Affairs (ÐÓ°ÉÂÛ̳ and Peking University), MSc in International Political Economy, MSc in International Political Economy (ÐÓ°ÉÂÛ̳ and Sciences Po), MSc in International Political Economy (Research) and MSc in Political Science (Global Politics). This course is available with permission as an outside option to students on other programmes where regulations permit.
All students will be required to obtain permission from the Teacher Responsible by completing the Student Statement box on the online application form linked to course selection on ÐÓ°ÉÂÛ̳ for you. Admission to the course is not guaranteed, due to limited space. The course is primarily for students on the IPE Masters and ÐÓ°ÉÂÛ̳-Sciences-Po Double Degree masters.
Course content
The course introduces students to the theories and analytical frameworks relating to decision-making and negotiation in international economic relations and enables them to develop the skills needed to apply these to cases. It discusses the roles of the main actors, institutional settings and processes involved in domestic decision-making and international economic negotiations, and their interaction. The aim of the course is to provide participants with the ability to understand and analyse the factors shaping international negotiations in a range of policy issues from trade and investment, to the environment, economic summits and finance.
Teaching
This course is delivered through a combination of seminars and lectures totalling a minimum of 20 hours during Winter Term. Students on this course will have a reading week in Week 6, in line with departmental policy.
The course is composed of two modules. The first module (Week 1 – 3) discusses analytical toolkits for understanding economic diplomacy. During these initial weeks, students will learn about four approaches to economic diplomacy: a) balance of power and coercive bargaining, b) negotiations within international institutions, c) the effect of domestic politics, and d) the role of ideas and issue framing. The second module (Week 4 – 10) features specific negotiation tactics frequently adopted by policymakers and important challenges that negotiators face in policy processes.
Formative coursework
Students will be expected to produce 1 essay in the WT.
Indicative reading
Bayne, Nicholas and Woolcock, S. The new economic diplomacy: decision-making and negotiation in international economic relations, Third edition, Ashgate, Stephen 2013.
Koremenos, Barbara. The continent of international law: Explaining agreement design. Cambridge University Press, 2016.
Davis, Christina L. "Food fights over free trade." Food Fights over Free Trade. Princeton University Press, 2011.
Oye, Kenneth A. Economic discrimination and political exchange: World political economy in the 1930s and 1980s. Princeton University Press, 1993.
Assessment
Take-home assessment (100%) in the ST.
Key facts
Department: International Relations
Total students 2022/23: Unavailable
Average class size 2022/23: Unavailable
Controlled access 2022/23: No
Value: One Unit
Course selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Leadership
- Team working
- Problem solving
- Communication
- Commercial awareness