ECON 477

Political Economics

Economics College of Family, Home, and Social Sciences

Course Description

Economic models of government structure and function: electoral competition, voter participation and cycles, preference aggregation, information aggregation, externalities and public goods, electoral structure, political agency, influence, and bargaining.

When Taught

Contact Department

Grade Rule

Grade Rule 8: A, B, C, D, E, I (Standard grade rule)

Min

3

Fixed

3

Fixed

3

Fixed

0

Title

Econ 477 students will be able to

Learning Outcome

Understand fundamental collective action problems and solutions. Identify benefits and limitations of democratic processes. Identify parallels between political competition adn market competition. Compare the strategic incentives created by alternative votiing rules and other political institutions. Identify puzzles that remain unexplained by modern political economic analysis. Recognize key assumptions implicit in political debate.