860-0013-00L  Political Economy

SemesterFrühjahrssemester 2019
DozierendeJ.‑E. Sturm, V. Eichenauer
Periodizitätjährlich wiederkehrende Veranstaltung
LehrspracheEnglisch
KommentarPrerequisite: An introductory course in Economics is required to sign up for this course.


KurzbeschreibungThis course takes incentives of politicians into account to form a better understanding of the formation of policy and the role of different political institutions in shaping economic policy.
LernzielIn principles courses of economics, the functioning of markets and ways in which the government can shape and influence are discussed. The implicit assumption thereby is that the government will act in the interest of society at large. This course takes incentives of politicians into account to thereby form a better understanding of the formation of policy and the role of different political institutions in shaping economic policy.
The course will thus provide you with a critical understanding of the institutions and decision-making processes commonly found at the national and international level. We will discuss quantitative research papers that analyze the effects of institutions and past policies. The focus thereby is on how the interplay between democratic institutions and self-seeking individuals, lobby groups, and parties determines the degree of redistribution in a society. This course will also improve your understanding of the theoretical approaches, that policy-makers frequently apply to analyze societal problems.
Voraussetzungen / BesonderesAn introductory course in Economics is required to sign up for this course.