Programmes

The Political Economy of Public Policy

  • Summer schools
  • Department of Economics
  • Application code SS-EC260
  • Starting 2018

This course enhances a student’s understanding of the characteristics, determinants and consequences of public-policy making in liberal democracies. 

It provides theoretical foundations from both economics and political science, whilst developing an expansive knowledge of theoretical and applied areas of political economy.

Does democracy promote economic growth and welfare? What determines the size and evolution of the welfare state? Is regulation done in the interest of consumers? Is there a feasible third way between markets and governments in the delivering of public services? To answer these and many related questions it is necessary to understand the complex relationships between politics and economics.

Governments and political processes define the boundaries of economic relationships and the rules of market interactions. Moreover, governments themselves allocate resources and these allocations reflect complex political bargaining. Understanding the interaction between politics and economics can help us to gain insight into the key questions of public policy making.

Dates for 2018 to be confirmed


Session: Two
Dates: 10 - 28 July 2017
Lecturers: Professor Torun Dewan and Professor Valentino Larcinese


 

Programme details

Key facts

Level: 200 level. Read more information on levels in our FAQs

Fees:  Please see Fees and payments

Lectures: 36 hours 

Classes: 18 hours

Assessment*: One piece of written work and one written examination

Typical credit**: 3-4 credits (US) 7.5 ECTS points (EU)


*Assessment is optional

**You will need to check with your home institution

For more information on exams and credit, read Teaching and assessment

Prerequisites

Introductory microeconomics, basic knowledge of calculus and statistics.

Programme structure

  • Introduction to political economy
  • Public goods and the collective action problem
  • Elections and public policy. Majority rule
  • The political economy of inequality and redistribution
  • Political agency
  • Organisation of legislatures and legislative procedures
  • Interest groups
  • Political leadership
  • The origins and effects of political institutions
  • Information, mass media and public policy
  • Electoral rules and policy outcomes

Course outcomes

This course enhances a student’s understanding of the characteristics, determinants and consequences of public-policy making in liberal democracies.

It provides theoretical foundations from both economics and political science, whilst developing an expansive knowledge of theoretical and applied areas of political economy. 

Teaching

The LSE Department of Economics is one of the biggest and best in the world, with expertise across the full spectrum of mainstream economics. A long-standing commitment to remaining at the cutting edge of developments in the field has ensured the lasting impact of its work on the discipline as a whole.

It is a leading research department, consistently ranked in the top 20 economics departments worldwide. This is reflected in the 2014 Research Assessment exercise which recognised the Department's outstanding contribution to the field

On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE’s economics faculty.

Reading materials

K. Shepsle, Analyzing Politics, London: W.W. Norton (2010) 

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice

Applications open in November - Join our mailing list

Applications open in November - Join our mailing list

  • Please enter a valid email address. We will send you relevant material regarding the LSE Summer School programme.
  • Which course subject area(s) would you like to know more about?

Request detailed course outline

Request detailed course outline

  • Please enter a valid email address. We will send you relevant material regarding the LSE Summer School programme.
  • Which course subject area(s) would you like to know more about?

Related programmes

Summer Schools Advanced Econometrics (2018)

Short courses

Summer Schools Development Economics (2018)

Short courses

Summer Schools Economics of European Integration (2018)

Short courses

Summer Schools Environmental Economics & Sustainable Development (2018)

Short courses

Summer Schools Essential Statistics for Economics and Econometrics (2018)

Short courses

Request a prospectus

  • Name
  • Address

Register your interest

  • Name

Speak to Admissions

Content to be supplied