The world economy has seen a persistent tension between the centralized and authoritative allocation of resources by states and more decentralized, market-driven forms of economic exchange by private actors. This seminar addresses this tension by focusing on the relationship between power and wealth in international relations. We will examine several different areas of international political economy, including trade and monetary relations, foreign direct investment, dependency and development, and challenges in foreign economic policymaking. Seminar format. Requirements: in addition to a substantial amount of reading, requirements include three 8- to 10-page papers on predetermined topics. Prerequisites: junior or senior standing and two classes in international relations. Enrollment limit:15. Preference to Political Science majors.