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The current and official versions of the course specifications are available on the web at http://www.usq.edu.au/course/specification/current.
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POL2001 Politics and International Business

Semester 2, 2013 External Toowoomba
Units : 1
Faculty or Section : Faculty of Business and Law
School or Department : School of Accounting, Economics and Finance
Version produced : 19 April 2014

Contents on this page

Staffing

Examiner: Geoff Cockfield
Moderator: Phil Griffiths

Other requisites

Computer, e-mail and Internet access: Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.

Rationale

This course introduces students to the political economy of international trade and commerce as so much influences national economic development and business and employment opportunities. This course complements others that focus on economic and financial theory and institutions, trade, international relations and sustainability. The course has a strong focus on developing academic and professional literacy and also contributes to the development of written and oral communication, ethical research and inquiry and interpersonal skills.

Synopsis

POL2001 (Politics and International Business) is about globalisation. We begin with the market revolution of the 1980s and the arguments over free trade. We look at two of the major institutions of global economic governance, the World Trade Organisation and the International Monetary Fund, their role in promoting globalisation and the opposition they have aroused from developing countries and activists. We delve into some of the debates about globalisation - over who benefits, the impact on the environment, and the issue of good governance. We finish by looking at the liberalisation of global finance, the global financial crisis from 2007, and the politics of government austerity which have ensued. One of the core themes of the course is the controversy over the role of the state in the global market. POL2001 assumes no prior knowledge of government, business or the global economy.

Objectives

On successful completion of this course, students should be able to:

  1. demonstrate an understanding of some of the major institutions of international economic governance
  2. demonstrate an understanding of some of the major debates about the governance of the global economy and the appropriate role of the state
  3. demonstrate an ability to ethically research and critically evaluate political issues and argument
  4. demonstrate an ability to develop research findings into a credible intellectual argument
  5. demonstrate an ability to write clearly, in correct English, observing academic conventions
  6. demonstrate an ability to engage constructively with other students on political ideas and realities.

Topics

Description Weighting(%)
1. Debates about globalisation, economic development and the role of the state 25.00
2. The regulation and deregulation of global trade and commerce and the role of the World Trade Organisation 35.00
3. Globalisation and social justice 15.00
4. Globalisation and sustainability 10.00
5. The global financial system and the role of the International Monetary Fund 15.00

Text and materials required to be purchased or accessed

ALL textbooks and materials available to be purchased can be sourced from USQ's Online Bookshop (unless otherwise stated). (https://bookshop.usq.edu.au/bookweb/subject.cgi?year=2013&sem=02&subject1=POL2001)

Please contact us for alternative purchase options from USQ Bookshop. (https://bookshop.usq.edu.au/contact/)

  • Wallach, L & Woodall, P 2004, Whose trade organization? a comprehensive guide to the WTO, New Press, New York.
  • Wolf, M 2004, Why globalization works, 2nd edn, Yale Nota Bene, New Haven, Connecticut.

Reference materials

Reference materials are materials that, if accessed by students, may improve their knowledge and understanding of the material in the course and enrich their learning experience.
  • Cassidy, J 2009, How markets fail: the logic of economic calamities, Allen Lane, London.
  • Chang, H-J 2008, Bad samaritans: the guilty secrets of rich nations and the threat to global prosperity, Random House, London.

Student workload requirements

Activity Hours
Assessments 82.00
Directed Study 83.00

Assessment details

Description Marks out of Wtg (%) Due Date Notes
ASST 1 - ARGUMENT ANALYSIS 100 15 12 Aug 2013
ASST 2 - MAJOR ESSAY 100 40 04 Oct 2013
PARTICIPATION 15 15 22 Oct 2013 (see note 1)
2-HOUR EXAMINATION 60 30 End S2 (see note 2)

NOTES
  1. Participation assessment details will be advised in the Study Book. Postings made to StudyDesk after 22 October will not be assessed.
  2. The examination is scheduled to be held in the end-of-semester examination period. Students will be advised of the official examination date after the timetable has been finalised. The questions in the examination will be posted on StudyDesk about a week before the examination, to enable students to prepare good quality answers.

Important assessment information

  1. Attendance requirements:
    If you are an international student in Australia, you are advised to attend all classes at your campus. For all other students, there are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.

  2. Requirements for students to complete each assessment item satisfactorily:
    To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.)

  3. Penalties for late submission of required work:
    If students submit assignments after the due date without prior approval of the examiner, then a penalty of 2% of the total marks gained by the student for the assignment may apply for each working day late.

  4. Requirements for student to be awarded a passing grade in the course:
    To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course.

  5. Method used to combine assessment results to attain final grade:
    The final grades for students will be assigned on the basis of the aggregate of the weighted marks obtained for each of the summative assessment items in the course.

  6. Examination information:
    This is a restricted examination. The only materials that candidates may use in the examination for this course are:
    1. writing materials (non-electronic and free from material which could give the student an unfair advantage in the examination)
    2. an appropriate unmarked non-electronic translation dictionary. Dictionaries with any handwritten notes will not be permitted. Translation dictionaries will be subject to perusal and may be removed from the candidate's possession until appropriate disciplinary action is completed if found to contain material that could give the candidate an unfair advantage.


  7. Examination period when Deferred/Supplementary examinations will be held:
    Any Deferred or Supplementary examinations for this course will be held during the next examination period.

  8. University Student Policies:
    Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at http://policy.usq.edu.au.

Assessment notes

  1. Assignments:
    1. The due date for an assignment is the date by which a student must despatch the assignment to the USQ. The onus is on the student to provide proof of the despatch date, if requested by the examiner.
    2. Students must retain a copy of each assignment submitted for assessment. This must be produced within 24 hours if required by the examiner.
    3. In accordance with university policy, the examiner may grant an extension of the due date of an assignment in extenuating circumstances.
    4. The examiner will normally only accept assignments which are electronically submitted through the USQ Study Desk for this course. Students who are unable to meet this submission requirement should contact the examiner of the course to negotiate alternative arrangements.
    5. In the event that a due date for an assignment falls on a local public holiday in their area, such as a show holiday, the due date for the assignment will be the next day. Students are to note on the assignment cover the date of the public holiday for the examiner's convenience.
    6. No assignment will be considered submitted until it has been submitted to the university’s plagiarism-checking service, ‘turnitin’. Where necessary, staff will assist students to do this.


  2. Course weightings:
    Course weightings of topics should not be interpreted as applying to the number of marks to questions testing those topics in an examination paper.

  3. Referencing in assignments:
    Harvard (AGPS) is the referencing system required in this course. Students should use Harvard (AGPS) style in their assignments to format details of the information sources they have cited in their work. The Harvard (AGPS) style to be used is defined by the USQ Library's referencing guide at http://www.usq.edu.au/library/referencing.

  4. Deferred work:
    Students who, for medical, family/personal, or employment-related reasons, are unable to complete an assignment or to sit for an examination at the scheduled time may apply to defer an assessment in a course. Such a request must be accompanied by appropriate supporting documentation. One of the following temporary grades may be awarded: IDS (Incomplete - Deferred Examination); IDM (Incomplete Deferred Make-up); IDB (Incomplete - Both Deferred Examination and Deferred Make-up).

Other requirements

  1. Computer, e-mail and Internet access:
    Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.