3 ECTS credits
75 h study time

Offer 1 with catalog number 8020280GNR for all students in the 2nd semester at a (G) Postgraduate - preliminary level.

2nd semester
Enrollment based on exam contract
Grading method
Grading (scale from 0 to 20)
Can retake in second session
Taught in
Faculty of Social Sciences & SolvayBusinessSchool
ES Academische eenheid
Educational team
Decaan ES (course titular)
Activities and contact hours
9 contact hours Lecture
15 contact hours Independent or External Form of Study
Course Content

The course will cover:

  • economic instruments of statecraft;
  • the strategic element of trade including industrial policy and strategic resources;
  • the economic statecraft of contemporary major powers;
  • the history of economic warfare;
  • limited economic warfare - sanctions, embargoes, boycotts, and espionage;
  • unlimited economic warfare;
  • the defense against economic warfare;
  • the integration and coordination of conventional trade, aid, and development activities with other national security policies.
Course material
Course text (Recommended) : Economic Statecraft
Additional info

Study material

The Syllabus, plus an electronic reader comprised of selected readings will be provided.

Complementary study material

Professor will provide a list of additional recommended and suggested readings as needed.


(!) The teaching and assessment format of this course is subject to change if the minimum number of students isn’t reached.

Learning Outcomes

General Competences

In most international affairs curricula, economics is taught with a principal focus on trade, economic development, foreign aid, and international finance. What is frequently missing is the dimension of economics that concerns national security policy.

The objective of this course is to provide students with knowledge and understanding of how economic tools of statecraft can be used to advance a country’s interests.  The course provides a broad overview of the security-related elements of economic policy and potential economic threats to national security.


The final grade is composed based on the following categories:
Other Exam determines 100% of the final mark.

Within the Other Exam category, the following assignments need to be completed:

  • Individual Paper with a relative weight of 100 which comprises 100% of the final mark.

Additional info regarding evaluation

(!) The teaching and assessment format of this course is subject to change if the minimum number of students isn’t reached.

Allowed unsatisfactory mark
The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context

This offer is part of the following study plans:
Postgraduate Certificate Economic Diplomacy: Standaard traject
Postgraduate Certificate International Trade and Investment: Standaard traject
Postgraduate Certificate Flagship Programme in Economic Diplomacy and International Business: Standaard traject