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ESPS6101 - Political Economy
Course value: 0.5 units
Convenor: Dr Roland Kappe
Duration: One term (Term 2)
Teaching structure: One hour lecture and one hour seminar
Assessment: 1 assessed essay of 3,000-4,000 words (100%)
Available to: All Years and Affiliates
The goal of this course is to familiarize students with important concepts and models in Political Economy. The course starts with basic ideas about social organization: why live in an organized state, cooperation, collective action and the provision of public goods and then focuses on problems of social choice, and provides an introduction to spatial models of political competition followed by fundamental ideas about institutions and institutional change.
After these foundations, the focus shifts towards democratic institutions with a quick tour through basic ideas and problems of legislative organization, intergovernmental relations, veto player theory and an analysis of electoral rules and party systems. The last part looks at problems of delegation and the interplay of politics and the macro-economy on the national and international level.