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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2011/2012
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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Political Economy (ECNM10060)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) Credits20
Home subject areaEconomics Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionEconomic 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 (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Co-requisites
Prohibited Combinations Other requirements None
Additional Costs None
Information for Visiting Students
Pre-requisitesNone
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Delivery period: 2011/12 Semester 1, Available to all students (SV1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLectureRoom 2.14, Appleton Tower1-11 14:00 - 15:50
First Class Week 1, Friday, 14:00 - 15:50, Zone: Central. Room 2.14, Appleton Tower
Exam Information
Exam Diet Paper Name Hours:Minutes
Main Exam Diet S2 (April/May)2:00
Delivery period: 2011/12 Semester 1, Part-year visiting students only (VV1) WebCT enabled:  No Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLectureRoom 2.14, Appleton Tower1-11 14:00 - 15:50
First Class Week 1, Friday, 14:00 - 15:50, Zone: Central. Room 2.14, Appleton Tower
No Exam Information
Summary of Intended Learning Outcomes
Ability to understand and use economic 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 interactions on micro- and macroeconomic policies.
Assessment Information
Class exam - 20%
Degree examination - 80%

Visiting Student Variant Assessment
class exam - 40%
2 x essays (30% each)
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
KeywordsNot entered
Contacts
Course organiserDr Santiago Sanchez-Pages
Tel: (0131 6)51 3005
Email: Santiago.Sanchez-Pages@ed.ac.uk
Course secretaryMrs Lorna Aitken
Tel: (0131 6)50 8363
Email: L.Aitken@ed.ac.uk
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