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States and Markets (Module)

Module description

‘States and Markets’ provides an introduction to the comparative study of states, regimes and governments, with particular emphasis on the ‘emerging powers’ and ‘emerging markets’ that are reshaping global affairs and economics. The module explores fundamental theories and knowledge about how politics work in different settings and focuses on the complex interrelations between states and markets, including the politics of economic reform and development, and the problems of corruption and rent-seeking.

Understanding how political communities emerge, how they are constructed and governed, the varieties of institutional arrangements and approaches to the management of politics, and how markets relate to social systems is critical to the study of management in the 21st Century. Management professionals in the private sector and the public sector increasingly need to be aware of the diversity of political systems, as well as the ways in which states and markets interact around the world.

The aim of this module is to provide a fundamental understanding the varieties of governmental and political structures found throughout the world, with particular emphasis on the ‘Emerging Powers’ and ‘Emerging Markets’ that are driving global growth and diversification. Students will be introduced to the major theories of politics regarding transitions; constitutionalism and constitutional design; democracy and reform; and democracy and authoritarianism.

Through the study of theory and country/regional cases, students will be encouraged to take a critical approach to the analysis of the dynamic relationship between states and markets. The module will promote discussion and debate on the ways in which states and markets shape one another, the choices available to policymakers and private-sector actors, as well as individual citizens, and the pathways of political reform and change.

*Please note that although all module information is correct for the 2018/19 academic year, it is subject to change for future academic years.


Staff information

Dr Marc P. Berenson

Teaching pattern

One hour lecture, one hour seminar

Module assessment - more information

1 x 600-word Theory-Focused Essay as Preparation for Larger Essay Assignment (10% of final grade); 1 x 1,500-word Essay (30% of final grade); 1 x 2 hour examination (40%); 2  x In-Class Quizzes (5 % each for total of 10%); class attendance & participation (10%)

Key information

Module code 4YYR0001

Credit level 4

Assessment coursework

Credit value 15

Semester Semester 2 (spring)

Study abroad module No