IPEC4301 – Political Economy of Industrialized Countries
How can German carmakers be among the best in the world if they are required to give two years notice before firing someone? Why did Swedish firms help to introduce a free universal health care system? Why it is rational for German companies to grant their workers veto rights over management decisions, but not for U.S. firms? Clearly, labor rights, market regulations, and industrial organization differ significantly across the United States, Germany and Sweden. Yet, economics as a social science typically does not incorporate these differences. On the other hand, political economy analyzes how factors such as the electoral system, degree of business coordination, and governmental regulation shape business strategy. Understanding the effect of these differences is essential for managers designing investment strategies or policy makers developing policy recommendations.

IPEC4302 – Political Economy of Developing Countries
We typically assume that democracy is good for economic growth. But if this is the case, how do we explain China’s economic success? Similarly, economic theory states that governments should not interfere with the market, but why did South Korea industrialize at an incredible pace by doing exactly that while Argentina failed miserably? Why are natural resources a blessing in Botswana but a curse in Nigeria? If we have learned anything from developing countries’ experiences, it is that there is no universal “one-size-fits-it-all” answer. This course explores the conditions under which grand theories of development are valid. It is crucial to take these differences in local conditions into account when developing policy recommendations or investment strategies.

– Politics of International Finance
`Finance' seems a topic that is purely economics and business. However, that is not quite correct: When banks need a bail-out after a banking crisis, it is politicians that decide which banks are bailed out and to what terms. Furthermore, political events can have major implications for the stock market. Currency wars between countries are instigated on behalf of politicians that want to protect the economic interest of their constituency. Politicians play a big role in a country's decision to default on its debt. In each of these areas --- Banks, Stock Markets, Exchange rates, and Sovereign Debt --- politics plays a huge role. This course analyzes how politics affects finance, and how finance affects politics. Take this class if you want to learn more about the collapse of the Lehman Brothers in 2008, the way politics stabilized the stock market after 9/11, the effect of China's undervalued currency on the United States, or the Greek debt crisis.

EPPS2302 -- Quantitative Analysis in Political Science

Did you ever wonder whether or not a particular claim is true, or did you ever get into an intellectual debate and wanted to back up your argument with evidence? This course will teach you how to use data to evaluate claims and produce sound evidence. It will equip you with quantitative research tools to test theories and arguments with real data. You will learn how to properly design research projects and how to formulate viable hypotheses. Using applications in Political Science, you will acquire basic statistical techniques to test these hypotheses. In the process of doing so, this course will assist you in sharpening your critical thinking skills and enhance your expertise in causal interpretation. This class will provide you with valuable tools applicable in future workplace settings.