Political Economics

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB886B05
Vaknaam Political Economics
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester II b
ECTS 5
Rooster rooster

Uitgebreide vaknaam Political Economics
Leerdoelen Upon completion of the course, the student will be able to:
1. Explain why and under which conditions governments fail to implement optimal economic policies.
2. Use political agency models to understand the consequences of limited information in politics.
3. Apply political agency models in the context of public finance.
4. Explain why economic outcomes (e.g., fiscal policy, monetary policy, economic growth) differ across countries depending on the institutional context.
5. Evaluate empirical work with respect to model specification, endogeneity issues, and the measurement of political variables.
Omschrijving This course provides an overview of the current state of affairs of scientific research in the field of political economy. Topics covered are: political accountability / voting models, central bank independence, political budget cycle- and partisan- theory, the impact of the political system on economic reforms (fiscal policy changes, market reform etc.), and the impact of democracy/autocracy on economic growth.
The course consists of two parts: 1) A lecture series where the topics are covered. 2) The students form groups in which they work on an empirical research assignment on a chosen specific topic. The lecturers provide data and important articles for each topic such that the task of making an empirical research assignment can be achieved in the limited time available. At the end of the course the groups will present the outcome of the assignment in class, this will be followed by discussions.
Uren per week 4
Onderwijsvorm hoorcolleges, werkcolleges
(and guest lecture)
Toetsvorm opdracht(en), schriftelijk tentamen
Vaksoort bachelor
Coördinator dr. R.M. Jong A Pin
Docent(en) prof. dr. J. de Haan ,dr. R.M. Jong A Pin ,dr. R.H.T. Wiese
Verplichte literatuur
Titel Auteur ISBN Prijs
Reader Political Economy Various
Entreevoorwaarden Students should be familiar with the topics discussed in Econometrics for ECO, BE or IE&B.
Opmerkingen Coordinator: Dr Richard Jong-A-Pin, r.m.jong.a.pin@rug.nl
Secretary: Kim Vudinh, e-mail: k.m.vudinh@rug.nl, room 5411.0734
Opgenomen in
Opleiding Jaar Periode Type
BSc Economics and Business Economics/E&BE  ( Economics) 3 semester II b keuzegroep
BSc Economics and Business Economics/E&BE  (keuzevakken E&BE-BE) 3 semester II b keuze
BSc Economics and Business Economics/E&BE  (keuzevakken E&BE-IE&B) 3 semester II b keuze
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 3 semester II b keuze