Course Name Year Term Period Faculty / Graduate School All Instructors Credits
16528:IR18‐EE213 Global Political Economy (RA) § 16529:IR-DS202 Global Political Economy (RA) § 16530:RUIR-2805 Global Political Economy(RA) 2024 Spring Thu5 College Of International Relations WANG TONG 2

Campus

KIC

Class Venue

KOSHINKAN KS201

Language

English

Course Outline and Method

This class prepares students with basic knowledge of game theory, which is a key tool to analyze international relations. Also, we analyze specific global political economy issues using game theory, such as war and peace, global warming, voting and election, etc. In a broader sense, this course uses game theory as the mathematical tool to study situations of strategic interdependence.

Student Attainment Objectives

Students are expected to gain scientific and rigorous training to analyze issues in global political economy, and in an even broader sense, to analyze and evaluate the process and consequence of policy making.
Goals include: (1) build up normative foundations of policy making; (2) understanding how strategic interactions create room for public policy to improve social welfare; (3) Methodologically, buiid up baisc understanding and analyzing methods of game theory.

Recommended Preparatory Course

Basic microeconomics and basic mathematics.

Course Schedule

Lecture/Instructor(When there are multiple instructors) Theme
Keyword, References and Supplementary Information
1

Lecture 1: Introduction and Start Normative Frameworks, Normative Foundations of Policy Making

BDM Ch 1

2

Lecture 2: Normative Frameworks 2 and start Pareto Concepts

BDM Ch 3
Pareto Efficient, Pareto Dominance

3

Lecture 3: Pareto Concepts

BDM Ch 3
Pareto concepts, utility, transfer

4

Lecture 4: Game Theory 1

BDM Ch 4
Games, Strategies

5

Lecture 5: Game Theory 2

BDM Ch 4
Best Response, Nash Equilibrium

6

Lecture 6: Externalities 1

BDM Ch 6.1 - 6.3
Externality, public good

7

Lecture 7: Externalities 2

BDM Ch 6.4 - 6.6
Policy intervention, second best

8

Lecture 8: Midterm Exam

Midterm Exam

9

Lecture 9: Coordination Problems

BDM Ch 7
Coordination

10

Lecture 10: Sequential Games

BDM Ch 5.1 - 5.5
Sequential Games, Game Tree, Nash Equilibrium

11

Lecture 11: Subgame Perfect Nash Equilibrium

BDM Ch 5.6 - 5.7
Subgame perfection, backward induction, non-credible threat

12

Lecture 12: Commitment Problems

Subgame perfection, commitment, credibility

13

Lecuture 13: When Bad Policy is Good Politics (with applications to economic development)

BDM Ch 15
Policy, politics

14

Lecture 14: Foreign Aid

BDM Ch 16
Foreign Aid

15

Lecture 15: Final Exam

Final Exam

Class Format

Face-to-face lectures

Recommendations for Private Study

Students should complete their problem sets for the class. This class will have three to four problem sets, all of which are in the form of problem-solving.
Students are also encouraged to do the exercises in the textbook.

Grade Evaluation Method

Kind Percentage Grading Criteria etc.
Final Examination (Written)

Report Examination
(A report to be submitted by the unified deadline)
0

None

Exams and/or Reports other than those stated above, and Continuous Assessment 
(Evaluation of Everyday Performance in Class)
100

Midterm exam, Final exam, problem sets and class participation

Grade Evaluation Method (Note)

Problem Sets: 20%
Midterm Exam: 30%
Final Exam: 40%
Class Participation: 10%

Advice to Students on Study and Research Methods

Textbooks

Title Author Publisher ISBN Code Comment
Political Economy for Public Policy Ethan Bueno de Mesquita Princeton University Press 9780691168739 I will post a version online

Textbooks (Frequency of Use, Note)

Reference Books

Reference Books (Frequency of Use, Note)

Will be posted during the class

Web Pages for Reference

How to Communicate with the Instructor In and Out of Class(Including Instructor Contact Information)

Learning Management System (manaba+R),Talk with Students

Other Comments

【科目ナンバリング・カリキュラムマップはこちらから/Click here to see the Curriculum-Map and Course-Numbering】
URL:http://www.ritsumei.ac.jp//students/pathways-future/course/curriculum.html