Political Economy

Political economy Our society is strongly influenced by all media. The media has shown us world news, fashion etc. Media is connected with our world, and what is happening around us. The approach of political economy focuses on management of ownership, the influence of advertisement on the mass media and audience expenditure, and mediation information that we receive everyday. Political economics believes that all of the media products are produced by structural features (ownership, advertising, and audience spending).

According to Marx's political economy tradition, the new political economy can regard economic ideology as a phenomenon of interpretation. This approach tells Andrew Gamble's free economy and power (Palgrave Macmillan, 1988) and Colin Hay's New Labor political economy (Manchester University Press, 1999). It also reports on many publications published by the scholar at the University of Sheffield in the 1996 International Journal "New Political Economy". International Political Economy (IPE) is an interdisciplinary field that includes action methods of various actors. In the United States, these methods relate to international institutional journals which became major IPE journals edited by Robert Keohane, Peter J. Katzenstein, Stephen Krasner in the 1970s. They are also related to the magazine "International Political Economy Review".

International political economy is also called global political economy, resulting from an interdisciplinary approach. It analyzes the link between economics and international relations. Because it arises from an interdisciplinary approach, it absorbs many different disciplines such as political science, economics, sociology, cultural research and history.

From an interdisciplinary point of view, political economics uses sociology, economics, and political science to define how political institutions, economic institutions, and the political environment interact and influence. Through an interdisciplinary approach, the political economy is divided into three subregions: the relationship between economic models of political process and factors different, the influence of international political economy and international relations, and the role of government in the allocation of resources in various economic systems It is relevant.