The Rise and Fall of Neoliberalism (L2025)

15 credits, Level 5

Spring teaching

This course complements Introduction to International Political Economy by applying a holistic, political and economic approach to an analysis of the changing character of the contemporary world. It examines the emergence and subsequent decline of the multilateral system and the rise of globalisation, especially the nature of global institutions such as the World Trade Organization, the International Monetary Fund and the G8 meetings. We also cover the rise of a global offshore financial system and delve deeper into the changing nature of state, firm and society in the age of globalisation. The course examines the changing character of the development project, from decolonialisation and the decline of the formal empires to the emergence of the third world and the contemporary debates concerning the nature of development, economic growth, human welfare and the environment.

Assessed by a 3,000-word essay.


50%: Lecture
50%: Seminar


20%: Coursework (Essay)
80%: Written assessment (Essay)

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 22 hours of contact time and about 128 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2023/24. However, there may be changes to these modules in response to COVID-19, staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.


This module is offered on the following courses: