Globalization: Challenges in International Economics and Politics
Students interested in this course might also be interested in Business Fundamentals: The Elements of Business (online course) or Debating the Ethics of War and Political Violence.
“[I've gained...] a deeper knowledge of economics and its integration with policy making and the world situation.” — From a 2014 course evaluation
“Everyone in the class is so talented and well-spoken. I really enjoyed having class with them.” — From a 2014 course evaluation
How does China's rise affect global energy demand? What could be the economic and geopolitical impact of a conflict between Russia and the West? Given questions such as these, this curricular option seeks to characterize the interplay between globalizing pressures and national interests.
Working from a multilateral perspective, students use case studies to examine the nature of relations between nation-states in a period of increased economic and political integration. Topics include theories of international political economy in relation to foreign aid and sovereign debt, international trade and capital flows, security and non-state actors, rights-based approaches to development and humanitarian emergencies, energy sustainability, and the role of international organizations and financial institutions.
For counterpoint, students also examine the political, ideological, and social determinants of domestic political economies, including that of the United States. The political mechanisms of economic policy-making and the relationship between domestic policy and foreign policy are explored using theoretical, historical, and topical cases; examples include the political economy of income distribution and social welfare, national defense and hegemony, the national debt, and globalization.
Students examine these and other topics through lecture, research, academic and policy dialogue, group projects and presentations, peer critiques, guest speakers, and field trips. Visits to organizations such as the Secretariat of the United Nations, the Rockefeller Foundations, the Council on Foreign Relations, and Human Rights Watch develop students’ awareness of the range of influences on policy-making.
Isabelle Delalex is an adjunct professor at Pace University's Lubin School of Business and also at Dyson College of Arts and Sciences, where she teaches courses in finance and economics. At Columbia's School of International and Public Affairs, she serves as a faculty adviser to graduate students participating in the Capstone consultancy projects. In the private sector, she was the vice president and director of industry research at the Securities Industry Association after working for five years as an analyst at Goldman Sachs. Her professional experience also includes consulting work for the United Nations and several not-for-profit organizations. Delalex holds a master's degree in international affairs from Columbia University.
Alexander Gordon studied economics and international relations at Columbia College and at the University of Oxford. His research interests include international political economy, global health policy, and the ethics of international development policy. He is currently a research fellow at Oxford.