Undergraduate Course: Political Economy (ECNM10060)
Course Outline
| School |
School of Economics |
College |
College of Humanities and Social Science |
| Course type |
Standard |
Availability |
Available to all students |
| Credit level (Normal year taken) |
SCQF Level 10 (Year 3 Undergraduate) |
Credits |
20 |
| Home subject area |
Economics |
Other subject area |
None |
| Course website |
None
|
Taught in Gaelic? |
No |
| Course description |
Economic policy cannot be understood by economics alone and, to be successful, it must take the political game into account. This course starts by introducing the tools of social choice, and concludes by discussing recent research on political economics. After this the course will be concerned with showing how observed differences among institutions affect political and economic outcomes in various social, economic, and political systems and how the institutions themselves change and develop in response to individual and collective briefs, preferences, and strategies. The course will (i) take a formal approach to collective choice problems, (ii) analyze voting and bargaining in politics, (iii) study games between politicians and voters, and (iv) compare political institutions rules of the game. |
Entry Requirements
| Pre-requisites |
Students MUST have passed:
Economics 2 (ECNM08006)
|
Co-requisites |
|
| Prohibited Combinations |
|
Other requirements |
None
|
| Additional Costs |
None |
Information for Visiting Students
| Pre-requisites |
None |
| Displayed in Visiting Students Prospectus? |
Yes |
Course Delivery Information
| Not being delivered |
Summary of Intended Learning Outcomes
| Ability to understand and use econmic concepts in the analysis of political processes. Ability to employ main economic tools (optimization, theories of adverse selection ad moral hazard, growth theory). High-level understanding of the interactions that take place between politicians and voters and between different areas of government. High-level understanding of the implications of these intractions on micro- and macroeconomic policies. |
Assessment Information
2,000 word essay - 20%
Degree examination - 80% |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords |
Not entered |
Contacts
| Course organiser |
Dr Santiago Sanchez-Pages
Tel: (0131 6)51 3005
Email: Santiago.Sanchez-Pages@ed.ac.uk |
Course secretary |
Ms Dawn Mcmanus
Tel: (0131 6)50 8361
Email: Dawn.McManus@ed.ac.uk |
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