| Unit name | Money, Finance & Power in the Global Political Economy |
|---|---|
| Unit code | POLIM0050 |
| Credit points | 20 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Appleton |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Sociology, Politics and International Studies |
| Faculty | Faculty of Social Sciences and Law |
The unit complements the academic capacities and knowledge developed in ‘International Political Economy’. It aims to deepen students’ theoretical and empirical understanding of one of the central categories of political economy – money - and its relationship to power and authority in the contemporary global political economy. The unit will give students the opportunity to explore the ways in which the role of money has been theorised in political economy, as well the ways in which money is created and managed at the national and international level. It will also develop students’ knowledge and understanding of empirical transformations in the governance of the global economy more broadly, locating the foundations of contemporary practices and processes of financialisation in shifts in the balance of social power between labour and capital driven by financial innovation and the emergence of the new economy – and the gig economy. Students will evaluate the influence of these practices on the development theory and interventions of international financial institutions. The course will invite students to consider the longer-range significance of the financialisation of capitalism in the strategies employed by governments and central banks in periods of crisis, and the potential for geopolitical rebalancing in the international order following from the emergence of new elements of the international financial architecture.
The unit aims to:
On successful completion of the unit, students will be able to demonstrate:
The unit will be taught through blended learning methods, including a mix of synchronous and asynchronous teaching activities
The unit will include two summative assessments. The first assessment will consist of one 1000-word essay on a subject of the student's choice (25%), and the second will consist of one 4000-word essay (75%).
Both will assess all learning outcomes.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. POLIM0050).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the Faculty workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an
assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
