PSIR534 POLITICAL ECONOMY OF INTERNATIONAL OIL
| Course Code: |
3540534 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
8.0 |
| Department: |
Political Science And International Relations |
| Language of Instruction: |
English |
| Level of Study: |
Masters |
| Course Coordinator: |
|
| Offered Semester: |
Fall and Spring Semesters. |
Course Content
This seminar consist of two parts: The first part examines the regional and international aspects of oil, focusing on the primacy of oil in the Middle East, oil discovery and concessions, the emergence of OPEC and the structural changes in the oil market. The second part addresses the socioeconomic and political effects of oil on oil-exporting states and discusses the rentier state/rentier economy model, employing extensive case studies.
