International political economy (IPE) is the study of how politics and economics interact on a global scale. It examines how countries engage in trade, investment, and finance, and how these activities are influenced by political decisions and power dynamics. IPE looks at the roles of governments, international organizations, and multinational corporations in shaping economic policies and outcomes. The field also explores issues such as globalization, trade agreements, and economic development. By analyzing these relationships, IPE helps to understand how economic policies can affect international relations and vice versa, providing insights into global challenges like inequality and environmental sustainability.