Course Description

440.656 - Political Economy

[formerly 440.616] This course examines how rational choice methodology (including Game Theory and Neoclassical Economics) can be applied to analyze issues related to political economy. Topics include the origin of state, economic origins of political regimes, different models of voting and their outcomes and different aspects of federalism. This course also explores how political economy influences economic development and public debt. Prerequisite: 440.601 Microeconomic Theory and Policy. Corequisite: 440.606 Econometrics.