International Political Economy's Class

It is wonderful to have the whole students from military bases from various divisions in my class.  The course was instructed  4 weeks term on the International Political Economy (IPE). The fist and second week were about the history of the IPE and its perspectives such as Mercantilism, Liberal, Structural perspectives. The Mercantilism simply focus on the national interests and stand on the zero-sum game that the winner gains from the losers' expense.  Liberalism means "Hand off the market".  This cult intends to keep the state away from the market mechanism and its functions.  Also, the two faces of individual interest and competitiveness are the invisible mechanism to make balancing of interests from both suppliers and consumers.  This Adam Smith called "The Invisible Hand".  Last perspective is structural perspective which explains the social phenomenon with class structure and the relations of production.  Dependency Theory and World System Theory are included within the structuralist.  The third week, the class was asked to pick up a case study on the European Financial Crisis where several EU members have been in debt especially, public debt which was over than 60 % of the GDP.  Amongst them, Greece and Italy were the most critical.  How the world community gave a helping hand to solve the crisis.  The "White Horse" from the East is China.  Why China proposed to help the EU market?  What perspectives suited to explain the European Financial Crisis?  Making in separate groups, the students would spend their time in the University library to sort out and collect relevant documents to support their claims.  On the fourth week, each group must submit their reports and make a 10 minutes presentation in front of the class.  Last week, we concluded the course and make commend if needed. The students sat on desk and make the test.  I would like to tell you that the class of military officers most were good students.  G.L charm!