The module aims to develop the level of skills and knowledge of empirical political economy necessary for a career as an academic economist and in all areas where advanced research skills in political economy are required. Specifically, it aims to teach the students to understand, appreciate, and ultimately contribute to, frontier research. It is intended to be comparable to modules taught in the best research universities in the USA and elsewhere in Europe.
Principal Learning Outcomes
Have a good overview and a thorough understanding of empirical political economy. Develop a critical knowledge of recent research in some key areas of empirical political economics. Enable students to pursue their own research agenda in the field.
The core topics in the syllabus will typically include:
Downs Model, Probabilistic Voting, Citizen Candidate Models, Ideological Parties; Private Polling and Elections, Pandering and Welfare; Strategic Information Transmission; Multi-Player Information Transmission; Machiavelli and Leadership; Optimal Governments; Open Research Ideas.
Political Agency: moral hazard; Political Agency: adverse selection; Redistribution/Clientelism; Abstention and Voting Behaviour; Political Economy of Media.
Experimental Economics, to include: methodology; trust, altruism and reciprocity; cooperation; intelligence and learning; experiment in political economy.
- Optional Module
- L1PJ - Year 2
- Pre or Co-requisites
- Satisfactory completion of MRes year 1
- Assessment Method
- Coursework (100%)
- Coursework Details
- 2 assessments (worth 50% each) CATS:
- Exam Timing