[INTS 1500] - Midterm Exam Guide - Ultimate 62 pages long Study Guide!

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INTS 1500
MIDTERM EXAM
STUDY GUIDE
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Week 1 Notes
Day 2
1. O’Brien and Williams – Intro and Chapter 1
a. Locating The Field
i. The same subject can be examined in different disciplines from a
variety of perspectives
b. Neoclassical Economists: how to allocate scarce resources
i. Wants are infinite, resources are finite
ii. Based upon rationality, not emotions
iii. Gov’t needs to play small roll
1. Provide basics such as police, armies, institutions
c. Keynesian Economics: sees gov’t as being crucial to a well-functioning
economy
i. Provide wide range such as health care
d. Institutional Economics: markets are result of many institutions such as
legal, financial, social
i. Should focus on the real world, not abstract models
e. Economics is key in global political economy
i. Supply and demand, comparative advantage, etc.
f. Political Science: the use of power and politics
i. Political Theory: how societies should be governed
ii. Comparative Politics: considers how different countries are
governed and learns from different ones
iii. Public Administration: studies states and implementation of
policies
g. International Relations (started after WWI): efforts made to increase
understanding of causes of war
i. Focused on interaction between states
ii. Realism (dominant theoretical approach): lack of any
overreaching power in the international system (anarchy above
all)
h. Understanding GPE
i. In order to make sense of world, we make theories on what is
important and significant relationships
ii. Use theories as prediction what will create stability
i. Economic Nationalist Perspective:
i. )mportance in shaping outcomes in int’l political economy
1. Stress importance of interest in nation understanding int’l
relations
ii.
2. MacFwan Free Markets, )nt’l Commerce, and Econ Development RWG -7)
3. Reuss )nevitable, )rresistible, and )rreversible RWG -14)
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4. Broad and Cavanaugh The Rise of Global Billionaires RWG -16)
5. Epstein Financialization and the World Economy RWG -22)
6. Film Child Labor in Brazil
a. Girl goes to school half time, then she still has to work because the fact of
the matter is that they need the money regardless
b. Represented what we know is happening, but seeing it is so different
c. If they could stay home and study, would it break the school AND work
toxic cycle ??
d. Eat or starve?
e. Will the education actually pay off? Or should they just cave into the
system and work at a young age?
i. With the education that they provide, it is difficult for it to pay off
ii. 8th grade vs. College education
iii. Gender roles in these 3rd world countries
iv. Cultural roles
1. Will reading and basic math give an advantage in the job
they are going to receive?
v. Important to educate the parents as well as the kids, so they can
help the kids
vi. Will they be able to pay off the loans?
1. EX: selling body organs to pay off loans
vii. Smart people in poor countries end up leaving
1. They cant utilize their skills in home country
f. Education is the way out of poverty
i. Make 20-% more money than if you didn’t go to college
7. Class Notes
a. Theories
i. Bill O’Reilly on pot and texting
1. Smoking pot people are doing it but not everyone can
handle it
a. Russian Roulette some can, some cant
b. Causes you to text so if you’re texting, you’re high
2. Theories can be brought out of nowhere, so make sure to
check them
ii. Need theories to put us in the right direction
b. Poverty
i. Look at all the poor places, and they were once taken over
ii. Europeans
1. People didn’t believe you could own land, but Europeans
said yes you can, and took/paid for the property
a. )f didn’t work, used force guns, etc.
iii. Yes we are making more money
1. Some say globalization is working
2. Others say no because everything is more expensive
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