Domestic and Foreign University Financial Planning with Masters of International/Global Political Economy (IPE) from a Domestic Perspective

WCU Author/Contributor (non-WCU co-authors, if there are any, appear on document)
Remus Turner (Creator)
Western Carolina University (WCU )
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Abstract: Considering which graduate universities to apply for with both domestic and foreign options is challenging. Understanding the differences in the options can be the first setback of whether a prospective student applies to a university inside their domestic country or outside of it. International Political Economy (IPE) contains two schools of thought: American IPE and British IPE. American IPE is newer with foundations in positivism, empiricism and focus towards the scientific method of research. British IPE a more traditional approach directs to being open about the social sciences. With shifts in ideas on schools of thought there are more universities that use British IPE than American. This project aims to provide an evaluation of the International/Global Political Economy (IPE) programs at a number of domestic and foreign universities. We will weigh the determining factors of cost, location, and benefits (in the form of student outcomes) for each program to provide a framework for students to determine the optimum program for their needs. Utility Theory provides an explanation of the benefit of money humans perceive. Using Utility Theory it is hypothesized the best benefit for a domestic student is attending university outside their domestic country and inside the United Kingdom where British IPE is current. The data shows that the United Kingdom has the most benefit for a domestic student whom wishes to focus on British IPE.

Additional Information

Language: English
Date: 2022

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