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ES30093: Political economy

[Page last updated: 20 April 2021]

Academic Year: 2021/2
Owning Department/School: Department of Economics
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Honours (FHEQ level 6)
Period:
Semester 2
Assessment Summary: EX100
Supplementary Assessment:
ES30093 - Resit Examination (where allowed by programme regulations)
Requisites: Before taking this module you must take ES20011 AND take ES20012
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.

Programme availability:
NB. Postgraduate programme information will be added when the postgraduate catalogues are published in August 2021

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:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.