Political Economy -1

By DR. JHUMPA MUKHERJEE | St. Xavier’s College (Autonomous)

Learners enrolled: 338

The course explores the changes in the organization of production , labour market, institutions and corporate structure. It also examines the consequences of globalization on the role of the state, public policies, fiscal federalism, Trans National Corporations , gender issues, environment, human welfare and development.

Summary

Course Status :	Completed
Course Type :	Elective
Language for course content :	English
Duration :	15 weeks
Category :	Economics
Credit Points :	5
Level :	Undergraduate
Start Date :	06 Jan 2025
End Date :	30 Apr 2025
Enrollment Ends :	28 Feb 2025
Exam Date :	25 May 2025 IST
NCrF Level	5.5
Exam Shift: :	II

Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Weeks No.	MODULE NO.	NAME OF THE MODULE	NAME OF RESOURCE PERSON
WEEK 1	1	Political Economy: Conceptual analysis	Dr. Jhumpa Mukherjee
	2	Historical Evolution of Political economy I	Dr. Jhumpa Mukherjee
	3	Historical Evolution of Political economy II	Dr. Jhumpa Mukherjee
WEEK 2	4	Approaches to Political Economy: Classical Liberalism	Dr. Jhumpa Mukherjee
	5	Approaches to Political Economy: Marxism	Dr. Indranil Bose
	6	Approaches to Political Economy : Welfarism	Dr. Indranil Bose
WEEK 3	7	Approaches to Political Economy : Neo-Liberalism	Dr. Indranil Bose
	8	Approaches to Political Economy : Gandhian	Dr. Indranil Bose
	9	European feudalism and Transition to Capitalism	Dr. Saswati Choudhuri
WEEK 4	10	Development and national capitalism	Dr. Saswati Choudhuri
	11	Fordism, post Fordism and production systems	Dr. Jhumpa Mukherjee
	12	Capitalism and democracy	Dr. Samrat Roy
WEEK 5	13	Worker’s rights and global economy	Dr. Samrat Roy
	14	Globalization and the changing dynamics of production	Dr. Samrat Roy
	15	Globalization and the changing nature of job security	Dr. Samrat Roy
WEEK 6	16	Transformative shifts in organizational processes	Dr. Samrat Roy
	17	Global political economy and TNCs	Dr. Samrat Roy
	18	Globalization and WTO	Dr. Indranil Bose
WEEK 7	19.	Globalization NGOs and development	Dr. Indranil Bose
	20	Globalization and political economy of capitalist democracies	Dr. Indranil Bose
	21	The nation state in the global economy	Dr. Indranil Bose
WEEK 8	22	Role of the state in development	Dr. Jhumpa Mukherjee
	23	Globalization, market and the State	Dr. Jhumpa Mukherjee
	24	Globalization and state welfare	Dr. Jhumpa Mukherjee
WEEK 9	25	Globalization and national autonomy	Dr. Jhumpa Mukherjee
	26	Political economy and federalism	Dr. Jhumpa Mukherjee
	27	Comparative perspectives on the role of the state in the economy	Dr. Jhumpa Mukherjee
WEEK 10	28	Third world governments & MNCs	Dr. Jhumpa Mukherjee
	29	Global governance: prospects and problems	Dr. Jhumpa Mukherjee
	30	Security and political economy: Diverse perspectives	Dr. Jhumpa Mukherjee
WEEK 11	31	Political economy of public finance	Dr. Samrat Roy
	32	Political economy of fiscal institutions	Dr. Samrat Roy
	33	Changing role of finance in globalization	Dr. Samrat Roy
	34	Political economy of financial markets	Dr. Samrat Roy
WEEK 12	35	Economics and politics of financial modernization	Dr. Samrat Roy
	36	Financial globalization and emerging economies	Dr. Samrat Roy
	37	Globalization and development dilemmas/uneven development	Dr. Jhumpa Mukherjee
	38	Impact of globalization on poverty	Dr. Jhumpa Mukherjee
WEEK 13	39	Impact of globalization on inequality	Dr. Jhumpa Mukherjee
	40	Globalization and social exclusion	Dr. Indranil Bose
	41	State sovereignty in the era of globalization	Dr. Jhumpa Mukherjee
	42	The political economy of gender inequality	Dr. Saswati Choudhuri
WEEK 14	43	Women, labour market and social justice	Dr. Saswati Choudhuri
	44	Women’s empowerment and Self-help Groups	Dr. Saswati Choudhuri
	45	Women in the informal economy	Dr. Saswati Choudhuri
	46	Political economy of environmental justice	Dr. Jhumpa Mukherjee
WEEK 15	47	Environment protection & free trade: Are they mutually exclusive	Dr. Jhumpa Mukherjee
	48	Urban environmental sustainability—critical issues	Dr. Jhumpa Mukherjee
	49	Environmental governance: Issues and challenges	Dr. Samrat Roy
	50	Climate change and international political economy	Dr. Samrat Roy

Books and references

1. Bardhan, P. (2006). Does Globalization Help or Hurt the World’s Poor?: Overview/Globalization and Poverty. [online] Scientific American. Available at: https://www.scientificamerican.com/article/does-globalization-help-o-2006-04/.

2. O’Rourke, K. (2001). Globalization and Inequality. Cambridge, Mass: National Bureau of Economic Research.

3. Held, D. and McGrew, A. (2016). The global transformations reader. Cambridge: Polity Press, pp. 440-480.

4. Kaplinsky, R. (2013). Globalization, Poverty and Inequality. Oxford: Wiley.

5. https://stonecenter.gc.cuny.edu/files/2012/07/Milanovic-Globalization-Inequality-Introduction-2012.pdf

6. Tabellini, Guido, The Role of the State in Economic Development (August 2004). CESifo Working Paper Series No. 1256; IGIER Working Paper No. 265, Available at SSRN: https://ssrn.com/abstract=565921 or http://dx.doi.org/10.2139/ssrn.565921

7. Nickson, R, Alam, M & Batley, R 2006, The Changing Role of the State in Development. in Managing Change in Local Governance. Commonwealth Secretariat, London.

8. Robert H. Bates, The role of the state in Development in the Oxford Handbook of Political Economy

9. https://www.law.berkeley.edu/wp-content/uploads/2016/01/The-State-and-Economic-Development.pdf.

10. Bélanger, J. and Edwards, P., 2006. Towards a political economy framework: TNCs as national and global players. Multinationals, institutions and the construction of transnational practices: Convergence and diversity in the global economy, pp.24-52.

11. Jarblad, A., 2003. The global political economy of transnational corporations: a theory of asymmetric interdependence.

12. Michael Brecher & Frank P. Harvey, Conflict, Security, Foreign Policy, and International Political Economy Past Paths and Future Directions in International Studies, University of Michigan Press, 2009

Instructor bio

DR. JHUMPA MUKHERJEE

St. Xavier’s College (Autonomous)

Jhumpa Mukherjee (Gold Medalist), PhD is Associate Professor of Political Science at St. Xavier’s College, Kolkata. She was the Course Coordinator of 2 MOOC Courses, one on Indian Political Thought 1 and the second on Political Process in India and has developed experience in the intricacies of e-content development.. She has also developed 44 modules / E-content for MOOC Courses.

She has contributed chapters in edited books and has published articles on contemporary social and political issues in national and international journals and has participated in national and international conferences and has worked in interdisciplinary research projects.