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ES50120: Economics of politics

Follow this link for further information on academic years Academic Year: 2018/9
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 100
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: CW 50%, EX 50%
Further information on unit assessment Assessment Detail:
  • CW Essay 50% (CW 50% - Qualifying Mark: 40)
  • Exam 50% (EX 50% - Qualifying Mark: 40)
Further information on supplementary assessment Supplementary Assessment:
ES50120 - Re-assessment 100% Exam (where allowed by programme regulations)
Further information on requisites Requisites:
Further information on descriptions Description: Aims:
The aim of the course unit is to provide students with the ability to apply microeconomic theory to analyse political behaviour.

Learning Outcomes:
By the end of the unit students will be expected to:
a) understand the way that rational choice models can be applied to explain and to predict the behaviour of politicians, bureaucrats, voters and interest groups;
b) understand the integrative link that has emerged between economic theory and political science;
c) assess the relevance of rational choice theories in the light of insights from behavioural economics;
d) assess the likelihood that democratic processes may be more inefficient than market processes.

An enhanced understanding of economic analysis.
Abstraction and analytic skills.
Investigative skills.
Time management and planning.
Presentation skills.


* An introduction to welfare economics.
* An analysis of why citizens vote, and of the implications of relying on different voting rules.
* The economics of collective action and an assessment of the impact of lobbying.
* The motivation to participate in political revolution.
* The economics of terrorism.
* The economics of bureaucracy.
* Rent seeking and regulation.
* Rent seeking and trade policy.
* An analysis of the efficiency of international alliances.
Further information on programme availabilityProgramme availability:

ES50120 is a Designated Essential Unit on the following programmes:

Department of Economics

ES50120 is Optional on the following programmes:

Department of Economics