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ES30093: Political economy

[Page last updated: 13 August 2020]

Follow this link for further information on academic years Academic Year: 2020/1
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: 120
Further information on unit levels Level: Honours (FHEQ level 6)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: CW100
Further information on supplementary assessment Supplementary Assessment:
ES30093 - Resit Examination (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this module you must take ES20011 AND take ES20012
Description: Aims:
To provide students with the necessary tools to analyze and understand social choice and political economy problems such as: different voting systems, implementation of public policies, political institutions and electoral competition.

Learning Outcomes:
At the end of the unit students should:
* Be able to understand the different voting systems and their advantages/disadvantages.
* Be able to understand and use the concept of implementation and how it relates to social and political issues.
* Be able to understand and distinguish the incentives provided by the different institutions governing the economy.
* Be able to understand the different models of political competition and how these relate to real life situations.

Skills:
Problem solving, logical thinking, understanding of collective decision problems.

Content:
1. Collective Preferences and Choice Problems
2. Restricting Outcomes and Preferences, Arrow's impossibility Theorem
3. The Spatial Model of Political Competition
4. Implementation of Public Policies
5. Decision Processes in Committees
6. Economic and Political Institutions.
Further information on programme availabilityProgramme availability:

ES30093 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 3)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 4)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 4)
  • UHES-AFB04 : BSc(Hons) Economics and Mathematics (Year 3)
  • UHES-AAB04 : BSc(Hons) Economics and Mathematics with Study year abroad (Year 4)
  • UHES-AKB04 : BSc(Hons) Economics and Mathematics with Year long work placement (Year 4)
  • UHES-ACB04 : BSc(Hons) Economics and Mathematics with Combined Placement and Study Abroad (Year 4)
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 3)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 4)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 4)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 4)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 4)

Notes: