From 2 November 2020, the autumn semester 2020 will take place online. Exceptions: Courses that can only be carried out with on-site presence.
Please note the information provided by the lecturers via e-mail.

860-0013-00L  Political Economy

SemesterSpring Semester 2019
LecturersJ.‑E. Sturm, V. Eichenauer
Periodicityyearly recurring course
Language of instructionEnglish
CommentPrerequisite: An introductory course in Economics is required to sign up for this course.


AbstractThis 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.
ObjectiveIn 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.
Prerequisites / NoticeAn introductory course in Economics is required to sign up for this course.