Undergraduate Course: Political Economy (ECNM10060)
Course Outline
School | School of Economics |
College | College of Humanities and Social Science |
Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Availability | Available to all students |
SCQF Credits | 20 |
ECTS Credits | 10 |
Summary | Economic policy cannot be understood by studying markets alone and, to be successful, it must take politics into account. The political game is very multifaceted. Voters choose politicians based on information from the media, politicians and special interest groups. Politicians choose policies based on advice from vested interests, and carefully consider future elections and their post-political careers. Politicians organise into political parties and committees that involve bargaining and internal voting. The course begins by examining the philosophical difficulties of evaluating the efficiency of political decision-making. This is followed by several theories of electoral competition, which are used as a basis for understanding the decisions of voters, politicians, media publishers, and special interest groups. The course takes a formal mathematical approach to specifying preferences, strategies and predicting equilibrium outcomes. |
Course description |
Not entered
|
Entry Requirements (not applicable to Visiting Students)
Pre-requisites |
Students MUST have passed:
Economics 2 (ECNM08006)
|
Co-requisites | |
Prohibited Combinations | |
Other requirements | None |
Information for Visiting Students
Pre-requisites | Visiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in Macroeconomics, Microeconomics, and Introductory Econometrics. We will only consider University/College level courses. |
Course Delivery Information
|
Academic year 2015/16, Available to all students (SV1)
|
Quota: None |
Course Start |
Semester 1 |
Timetable |
Timetable |
Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Seminar/Tutorial Hours 6,
Summative Assessment Hours 3,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
167 )
|
Assessment (Further Info) |
Written Exam
100 %,
Coursework
0 %,
Practical Exam
0 %
|
Additional Information (Assessment) |
Class exam (December Diet) - 20%
Degree examination (April/May Diet) - 80%
Visiting Student Variant Assessment
class exam - 40%
2 x essays (30% each) |
Feedback |
Not entered |
Exam Information |
Exam Diet |
Paper Name |
Hours & Minutes |
|
Main Exam Diet S2 (April/May) | | 2:00 | | Main Exam Diet S1 (December) | | 1:00 | |
|
Academic year 2015/16, Part-year visiting students only (VV1)
|
Quota: None |
Course Start |
Semester 1 |
Timetable |
Timetable |
Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Seminar/Tutorial Hours 6,
Summative Assessment Hours 1,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
169 )
|
Assessment (Further Info) |
Written Exam
40 %,
Coursework
60 %,
Practical Exam
0 %
|
Additional Information (Assessment) |
Class exam (December Diet) - 20%
Degree examination (April/May Diet) - 80%
Visiting Student Variant Assessment
class exam - 40%
2 x essays (30% each) |
Feedback |
Not entered |
Exam Information |
Exam Diet |
Paper Name |
Hours & Minutes |
|
Main Exam Diet S1 (December) | | 1:00 | |
Learning Outcomes
Ability to understand and use economic concepts in the analysis of political processes. Ability to employ main economic tools (optimisation, theories of adverse selection ad moral hazard, Bayesian games). High-level understanding of democratic institutions including voting rules, independent policy advisors, and the media.
|
Additional Information
Graduate Attributes and Skills |
Not entered |
Keywords | PE |
Contacts
Course organiser | Dr Andrew Clausen
Tel: (0131 6)51 5131
Email: |
Course secretary | Ms Dawn Hutcheon
Tel: (0131 6)51 5958
Email: |
|
© Copyright 2015 The University of Edinburgh - 27 July 2015 11:01 am
|