ECOP3613: Semester 1, 2021

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Units ECOP3613 Semester 1 2021 [Normal day]

Unit of study_

ECOP3613: Political Economy of Global Capitalism

Semester 1, 2021 [Normal day] - Remote

Overview

This unit examines the development of the capitalist world economy. The unit examines different theoretical perspective for understanding this development, and situates it within a long-term historical context. Key issues examined include: the post-World War II boom, the formation of the international monetary system and its crisis following the end of the long boom, the global role of the United States and the formation of growth poles in Europe and Asia and the global crisis of the early 21st century.

Unit details and rules

Unit code	ECOP3613
Academic unit	Political Economy
Credit points	6
Prohibitions ?	ECOP2613 or ECOP3012
Prerequisites ?	12 credit points at 2000 level in Political Economy
Corequisites ?	None
Assumed knowledge ?	None
Available to study abroad and exchange students	Yes

Teaching staff

Coordinator	Lynne Chester, lynne.chester@sydney.edu.au

Type	Description	Weight	Due	Length
Participation	Tutorial participation N/A	10%	Ongoing	N/A
Outcomes assessed:
Assignment	Essay Essay	35%	Week 09 Due date: 05 May 2021 at 23:59	1750 words
Outcomes assessed:
Assignment	Essay Essay	55%	Week 13 Due date: 04 Jun 2021 at 23:59	2750 words
Outcomes assessed:

Assessment summary

Details for the assessment tasks (two essays) can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a High distinction indicates work of an exceptional standard, a Distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name	Mark range	Description
High distinction	85 - 100
Distinction	75 - 84
Credit	65 - 74
Pass	50 - 64
Fail	0 - 49	When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

Deduction of 5% of the maximum mark for each calendar day after the due date.
After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

Work not submitted on or before the due date is subject to a penalty of 5% per calendar day late. If work is submitted more than 10 days after the due date, or is submitted after the return date, the mark will be 0.

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Learning support

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Weekly schedule

WK	Topic	Learning activity
Week 01	Topic 1: Global capitalism as uneven development	Lecture (2 hr)
Week 01	Topic 1: Global capitalism as uneven development	Tutorial (1 hr)
Week 02	Topic 2: The origin of capitalism and the American road	Lecture (2 hr)
Week 02	Topic 2: What is agrarian capitalism?	Tutorial (1 hr)
Week 03	Topic 3: The Great Transformation or the Great Trasformismo?	Lecture (2 hr)
Week 03	Topic 3: The Great Transformation	Tutorial (1 hr)
Week 04	Topic 4: Capital accumulation and social reproduction	Lecture (2 hr)
Week 04	Topic 4: Capital accumulation	Tutorial (1 hr)
Week 05	Topic 5: Liberalism, post-Second World War and the long boom	Lecture (2 hr)
Week 05	Topic 5: Liberalism and capital in the 21st century	Tutorial (1 hr)
Week 06	Topic 6: American empire	Lecture (2 hr)
Week 06	Topic 6: Global capitalism and the American empire	Tutorial (1 hr)
Week 07	Topic 7: Uneven development as modernisation or dependency theory?	Lecture (2 hr)
Week 07	Topic 7: Neoliberal structural adjustment - failure or success?	Tutorial (1 hr)
Week 08	Topic 8: Uneven development, industrialisation and spaces of resistance - the case of Mexico	Lecture (2 hr)
Week 08	Topic 8: Spaces of resistance in Mexico	Tutorial (1 hr)
Week 10	Topic 9: The Global Financial Crisis and the Arab Spring	Lecture (2 hr)
Week 10	Topic 9: Revolution and counter-revolution in Egypt	Tutorial (1 hr)
Week 11	Topic 10: A theory of global capitalism and the drug wars	Lecture (2 hr)
Week 11	Topic 10: A theory of global capitalism and the drug wars	Tutorial (1 hr)
Week 12	Topic 11: Taking back the economy, conclusions and review	Lecture (2 hr)
Week 12	Topic 11: Taking back the economy?	Tutorial (1 hr)

Attendance and class requirements

All lectures and tutorials will be remote i.e using zoom meetings.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

Readings will be available through Canvas.

Learning outcomes

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

Outcomes
Graduate qualities

At the completion of this unit, you should be able to:

LO1. Demonstrate analytical skills in appraising the role of social forces and institutions in the dynamics of capital accumulation.
LO2. Apply broad conceptual structures to contemporary social and political issues.
LO3. Critically evaluate underlying theories, concepts, assumptions, limitations and arguments in different disciplinary fields of study.
LO4. Show openness to new ways of thinking and appreciate the importance of intellectual curiosity and reflection as the foundation for continuous learning.
LO5. Demonstrate an ability to negotiate and create shared understandings by respectfully interacting with people from diverse backgrounds.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1	Depth of disciplinary expertise Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.
GQ2	Critical thinking and problem solving Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.
GQ3	Oral and written communication Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.
GQ4	Information and digital literacy Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.
GQ5	Inventiveness Generating novel ideas and solutions.
GQ6	Cultural competence Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.
GQ7	Interdisciplinary effectiveness Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.
GQ8	Integrated professional, ethical, and personal identity An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.
GQ9	Influence Engaging others in a process, idea or vision.

Outcome map

Learning outcomes	Graduate qualities
Learning outcomes

Responding to student feedback

This section outlines changes made to this unit following staff and student reviews.

This 3000-level unit has not been previously offered.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.

Current students

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Disclaimer

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