EC302      
Political Economy

This information is for the 2011/12 session.

Teacher responsible

Professor R Razin, STC. S480

Availability

Optional course for BSc Economics, BSc Economics with Economic History, BSc Econometrics and Mathematical Economics, BSc Economics and Economic History, BSc Government and Economics, BSc Mathematics and Economics, BSc Philosophy and Economics and BSc Social Policy and Economics. It is available as an outside option, and to General course students.

Pre-requisites

Students should have completed Microeconomic Principles I or II (or equivalent) and Macroeconomic Principles (or equivalent).

Course content

The course seeks to introduce students to the major theoretical models of Political. Economy and the available empirical evidence. Sample topics to be covered include: Social Choice theory and Preference aggregation; Comparative electoral systems; Political economy of income redistribution; Turnout in elections; Strategic and Sincere voting; Political Parties; Debates and Communication.

Teaching

Lectures: 30 MT & LT. Classes: eight in MT, ten in LT and two in ST.

Formative coursework

At least four exercises or pieces of written work will be required and assessed by class teachers.

Indicative reading

There is no text book covering all the material in the course. The following books are recommended as supplements to what is covered in the lectures. Analyzing Politics, Rationality, Behavior and Institutions, K.A. Shepsle and M.S. Bonchek. W. W. Norton & Company, New York, London. Liberalism Against Populism, W.H. Riker, Waveland Press, Prospect Heights, Illinois.  For additional readings see http://econ.lse.ac.uk/courses/ec302/

Assessment

A three-hour written examination in the ST.

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