Introduction:

This course is intended to give students with an introduction to the field of political economy and regional dynamics. Political economy seeks to understand and explain policy outcomes and political behavior of economies along with regional importance. The approach taken is an interdisciplinary one that utilizes tools and concepts from economics to study politics and political behavior. The course will presume that political actors are rational and goal oriented. Political outcomes are then explained by the interaction between these actors within the (institutional) constraints of their environment.

Learning Outcomes:

On the successful completion of this course students would be able to:

• Develop understanding of political economy and global order.
• Understand, interpret, and critically evaluate empirical evidence on economic, political, and public policy questions.
• Apply economic theories and concepts to the study of political action, global order and the formation of policy.

Text Books:

Gupta, S. Dev, (1997),The Political Economy of Globalization, Kluwer Academic Publishers.

Stubbs Richard and Underhill Geoffrey R.D.(2000), Political Economy And Changing Global Order, Oxford University Press.

Nadeem, A.H. (2002). Pakistan: The Political Economy of Lawlessness. Oxford University Press.

Hussain, I, (2004), Dollars, Debt and Deficits, Reform and Management of Pakistan Economy, Oxford University Press.

Description of system of Evaluation (Exam, assignments etc.):

Mid Term: 30 marks.

Sessional: 20 marks.

• Project: 40%
• Presentation: 30%
• Participation: 30%

Final Exam: 50 marks.