Credit points: 15

Subject outline

This subject explores the main issues of political economy in international relations. Over the past few decades, as nation-states have found it increasingly difficult to manage sprawling networks of global interdependence, states have become part of broader governance networks that include relations with a variety of nonstate, international and supranational actors. Not surprisingly, these changes have provoked controversies about the supposed benefits and harms of globalisation, and raise important questions about whose interests are served by the contemporary global economy. This subject explores debates about globalisation, focussing on understanding global governance and conceptualising the role of nation-states and other actors in the contemporary global economy. We also take a look at the nature and extent of regionalisation, the politics of trade and finance, and the implications for governance at the state and global levels. Finally, we address the main ethical challenges in the contemporary global economy, focussing on the problems of poverty, inequality, and environmental degradation.

SchoolHumanities and Social Sciences

Credit points15

Subject Co-ordinatorDaniel Bray

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 5 - Masters

Available as ElectiveNo

Learning ActivitiesInteractive seminar presentations, dedicated expert Q&A activities, peer discussion in small groups, participation in seminar discussions, research essay, briefing paper.

Capstone subjectNo

Subject particulars

Subject rules

Prerequisites Must be enrolled in HUSS Postgraduate Coursework Degree or through subject coordinator's approval


Incompatible subjectsPOL5GAG OR POL4GAG

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Learning resources

Global Shift: Mapping the Changing Contours of the World Economy

Resource TypeBook

Resource RequirementRecommended

AuthorDicken, P.



PublisherGuilford Press


Chapter/article titleN/A



Other descriptionN/A

Source locationN/A

Career Ready


Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Communicating and Influencing
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Apply theoretical knowledge concerned with the challenges of governance brought about by different processes of global political economy.
02. Critically examine a contemporary issue of political economy and provide policy solutions that can be communicated to specialist and non-specialist audiences.
03. Design and execute a substantial research project on global political economy that uses theoretical knowledge to interpret recent developments.

Subject options

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Start date between: and    Key dates

Melbourne (Bundoora), 2021, Semester 1, Blended


Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorDaniel Bray

Class requirements

SeminarWeek: 10 - 15
Two 2.00 hours seminar per week on weekdays during the day from week 10 to week 15 and delivered via blended.


Assessment elementCommentsCategoryContributionHurdle% ILO*

Briefing paper (1500 words)A policy-related assessment on a contemporary issue of global political economy.

N/AOtherIndividualNo35 SILO1, SILO2

Research essay (3000 words)Students prepare a research essay from a set list of topics provided in the subject learning guide.

N/AAssignmentIndividualNo65 SILO1, SILO3