Politics Mid Term Exam

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Politics Week 7

Politics Week 6, Instructional Plan

  1. Complete Chapter 6 Political Economy and Globalization (Monday)
  2. Review questions and answer for the mid term exam. (Thursday)

Lecture Notes (get file or the pdf file)

OTHER MATERIALS

  1. A short article about mercantilism: The New Mercantilist Challenge.
  2. A short history of the British opium wars in China by the BBC.
  3. A video that gives a quick summary of Keynesian economics.
  4. A summary of how the 2007 financial crisis started in the US.
  5. A documentary about the US financial crisis and why no bank executives will go to jail.

COMPREHENSION QUESTIONS

  1. Why and how are politics and economics linked together?
  2. Is capitalism a single economic form, or are there a variety of capitalism?
  3. Explain mercantilism. Do you think South Korea practices mercantilism?
  4. Is globalization good? Who are the winners and losers?
  5. What kind of capitalism will be in place during your life time?

VOCABULARY

  1. political economy
  2. surplus value
  3. Keynesian economics
  4. neoliberalism
  5. Opium War
  6. laissez faire
  7. recession
  8. globalization 
  9. supranational organisation
  10. sub prime mortgage

Mid Term Exam, Spring 2014

The midterm exam has two parts.

Part 1 Questions

You will get two questions from this list. Complete and logical answers that might earn a high score will require a minimum of two paragraphs, perhaps as many as five. Remember, the key point is to answer the questions fully, provide examples and be sure to define all key terms.

  1. Define and describe ideology. Be sure to include specific references from Malcom X and Karl Marx in your analysis.
  2. Evaluate this argument: legitimacy might be difficult, if not impossible, to sustain in a democratic society with a capitalist economy.
  3. Can we understand political actions (e.g. international relations) based on rational choice theory?
  4. Do you think the state is becoming weaker in an era of globalization? Explain your answer by referring, in part, to state features, functions and forms.

Part 2 Questions

You will get between ten and 15 words and phrases listed below. Your task is to precisely and accurately define and describe these key terms in a few sentences. Give examples, where appropriate. The key point here is to demonstrate your ability to quickly show your knowledge of words related to politics.

  1. anarchy
  2. authority
  3. causation
  4. containment policy
  5. correlation
  6. Cuban missile crisis
  7. fascism
  8. government overload
  9. green politics
  10. hegemony
  11. Keynesian economics
  12. laissez faire
  13. Machiavelli
  14. military industrial complex
  15. MNC
  16. nation state
  17. NATO
  18. Opium War
  19. political culture
  20. political economy
  21. political equality
  22. political philosophy
  23. power
  24. public opinion
  25. recession
  26. redistribution
  27. reform
  28. revolution
  29. social justice
  30. socialism
  31. sovereignty
  32. subprime mortgage
  33. supranational organization
  34. surplus value
  35. welfare state