Political Economics

Political Economics
Economic models of government structure and function: electoral competition, voter participation and cycles, preference aggregation, information aggregation, externalities and public goods, electoral structure, political agency, influence, and bargaining.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesECON 378 & ECON 382
 TaughtFall, Winter
 ProgramsContaining ECON 477
Course Outcomes

Econ 477 students will be able to

  • Understand fundamental collective action problems and solutions.
  • Identify benefits and limitations of democratic processes.
  • Identify parallels between political competition adn market competition.
  • Compare the strategic incentives created by alternative votiing rules and other political institutions.
  • Identify puzzles that remain unexplained by modern political economic analysis.
  • Recognize key assumptions implicit in political debate.