Geopolitics and Geo-economics

Subject	Geopolitics and Geo-economics
Semester	5th semester
Type	Elective
ECTS	6 ECTS
Study programme:	Business studies (Undergraduate)
Primary language:	Slovene

Introduction
The course will be carried out in the Slovene language and is an elective course in accordance with an officially approved curriculum of the Undergraduate and Master Degree Programs in Business Studies.

Preconditions
Students must have sufficient knowledge of economy and business management. The course requires the basic knowledge of general economic theories and international system development. Students must have sufficient knowledge of the Slovene language so that they can communicate with lecturers and other students, follow the lectures and understand the study materials. Active knowledge of English language is very much welcomed in order to cope with additional study material that will be delivered during the semester.

Goals

• To present the basic theories of international relations and the fundamentals of geopolitics and geoeconomy.
• To teach students how use geoconomics and geopolitical categories in order to understand the international political environment.
• To develop the ability of analyzing reasons and consequences of international political and economic decisions.
• To develop the ability of understanding and of analyzing reasons and consequences of any change in the international system.
• To develop students’ skills to use geopolitical and geoeconomic knowledge in order to understand the global market.
• To prepare students for their future engagement in international political and economic environment.

Competencies

• To acquire the ability to understand fundamentals of geopolitical and geoeconomic theories.
• To acquire the ability to understand and evaluate international social and economic processes.
• To acquire the ability to understand and use geopolitical and geoeconimc information.
• To acquire the ability to evaluate the national economic policies.
• To use the correct vocabulary.
• To acquire the ability to understand and use the information cycle.
• To acquire the ability to understand the methodologies used to shape national economic strategies.
• To acquire the ability to evaluate the efficiency of contemporary social developments within market economy.
• To acquire the ability to understand the economic warfare.
• To acquire the ability to understand the importance of economic intelligence in private sector.
• To acquire the ability to understand the states’ economic priorities.
• To acquire the ability to understand the ongoing world order transformations based on political and economic power.

Learning outcomes
After passing the exam, the student will understand:

• how to use basic knowledge of geopolitical end geoeconomic analysis
• international relations
• international economic system
• national economic strategies
• economic warfare theory
• economic intelligence theory
• how international subjects makes decisions
• global market fundamentals
• relevance of private-public partnerships
• how to use their analytical skills to better understand global trends

Syllabus

1. Geopolitics
   1. International relations theories
   2. Definition of international subject and sovereignty
   3. Development of National states and political economy
   4. Historical development of international relations
   5. Balance of power theory
   6. National interest definition
   7. Definition of geopolitics
   8. Relation democracy-market economy
   9. Historical development of international economic relations
2. Geoeconomy
   1. Definition of geoeconomy
   2. Economic warfares
   3. Economic balance of power
   4. Development of economic theories and their influence on international order
   5. World economic order after WWII
   6. Basic theories of economic intelligence
   7. Examples of national interest and strategies
   8. Examples of working private-public partnerships in shaping national economic interests
   9. Geopolitical use of SWF, monetary politics, rating agencies, tax politics
   10. Regional economic areas
   11. Development of a new world order based on geoeconomy

Teaching and learning activities

• Teacher explanations
• Conversation / debate
• Presentation of seminar papers
• Project work for an external subscriber

Evaluation system and criteria

• Seminar work: 30% of the weight
• Final written exam: 70% of the weight

Teaching and learning material

• Laris Gaiser, Geopolitika – Mednarodni Odnosi XXI stoletja, Didakta, Radovljica, 2010.
• Sanjaya Baru, Geo-economics and Strategy, in Survival: Global Politics and Strategy,pp. 47-58, 2012.
• Edward Luttwak, From Geopolitics to Geo-Economics, in The National Interest, n.20, pp.17-23, 1990.

Additional learning material

• Laris Gaiser, Economic Intelligence and World Governance, IlCerchio, RSM, 2016

Office hours

• Before and after the lectures
• By agreement