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AMU2018 · States, markets and global capitalism

Official Handbook

2026 Handbook6 credit pointsLevel 2Malaysia School of Arts and Social Sciences

Last checked: 23 Aug 2026 UTC

Overview

In this unit, you will draw upon key concepts, theories and methods from the disciplines of International Political Economy (IPE), International Relations (IR) and History, to analyse the global capitalist economy. You will explore how different combinations of two key institutions — the state and the market — have been important in governing the capitalist world economy. You will examine how global economic governance as a liberal economic project was consolidated, who benefited, and who challenged it at various turning points since the mid-20th century and how these dynamics play out in the contemporary era.

Areas of study: Global studies

Offerings

CampusTeaching periodMode
MalaysiaSecond semesterTeaching activities are on-campus (ON-CAMPUS)

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

#AssessmentTypeWeightHurdle
1Analytical ExerciseExercise25%
2QuizQuiz / Test20%
3Annotated BibliographyWritten20%
4ReportWritten35%

Within semester assessment: 100%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

  1. Describe the core features of the state and market as two key institutions underpinning the governance of global capitalism;
  2. Analyse the key changes that have taken place in global economic governance since the mid-20th century by drawing on concepts, theories and methods from the disciplines of International Political Economy (IPE), International Relations (IR) and History;
  3. Explain why liberal forms of global economic governance are both supported and contested by reference to key actors in these processes, the ideas they hold about what constitutes effective and fair global governance, and their power to advance their interests and ideas;
  4. Select and justify sources from the scholarly and grey literatures to support analyses and arguments.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

ActivityDuration
Tutorials24 hours
Lectures12 hours

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