ES52059: Economics of politics
[Page last updated: 14 August 2024]
| Academic Year: | 2024/25 |
| Owning Department/School: | Department of Economics |
| Credits: | 5 [equivalent to 10 CATS credits] |
| Notional Study Hours: | 100 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
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| Assessment Summary: | CWES 100% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | |
| Learning Outcomes: |
A knowledge and understanding of strengths and weaknesses of the "rational actor" framework used in political economy
An understanding of political economy models and associated mathematical techniques, along with applications and policy implications of those models
Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments. |
| Synopsis: | Study how to apply introductory microeconomic theory to the analysis of political behaviour.
You'll explore the extent to which a rational choice model can provide insights into political behaviour and political institutions. This will allow you to critically analyse the links between economic theory and political science. |
| Content: | The course begins with a review of microeconomic welfare theory. This is applied to explain and predict the behaviour of politicians, bureaucrats, voters and pressure groups. The implications of adopting different collective decision-making rules are investigated. Case Studies are used to illustrate theory. Assessment is offered of the public choice school's assertion that government failure leads to an excessively large public sector.
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| Course availability: |
ES52059 is Optional on the following courses:Department of Economics
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Notes:
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