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Principles of Political Economy: Economics & Philosophy (PH337-15)

TIMING & CATS

This module runs in the Spring Term and is worth 15 CATS

MODULE DESCRIPTION

This Module is only available to final year PPE students.

The half-module Economics and Philosophy will explore topics at the intersection of moral philosophy and the economic analysis and evaluation of public policy. It covers the following topics:

  • Individual Choice and Rationality
  • Collective Choice and Justice
  • Welfare and Welfare Measurement
  • Markets and their Ethical Limitations

LEARNING OUTCOMES OR AIMS

Students will show familiarity with key debates at the intersection of economics and philosophy and be able to apply philosophical and economic perspectives to select public policy issues.

CONTACT TIME

In this module students must attend 2 hours of lectures and 1 hour of seminars per week

Lectures Tuesday 2-4pm

ASSESSMENT METHODS

This module is formally assessed in the following ways:

  • 15% 1500-word assessed essay (due 12 noon on Thursday week 9, term 2)
  • 85% Examination (2 hour in Term 3)

BACKGROUND READING AND TEXTBOOKS

Anderson, Elizabeth. 1993. Values in Ethics and Economics. Cambridge: Harvard University Press.

Barbera, Salvador, Peter J. Hammond and Christian Seidl (eds.) 2004. Handbook of Utility Theory. Dordrecht: Kluwer.

Dasgupta, Partha. 1995. An Inquiry into Well-Being and Destitution. Oxford: Oxford University Press.

Fleurbaey, Marc et al. (eds.) 2008. Justice, Political Liberalism, and Utilitarianism: Themes from Harsanyi and Rawls. Cambridge: Cambridge University Press.

Gaertner, Wulf. 2009. A Primer in Social Choice Theory. Oxford: Oxford University Press.

Hausman, Daniel and Michael McPherson. 2006. Economic Analysis, Moral Philosophy, and Public Policy. Cambridge: Cambridge University Press.

Sen, Amartya. 1987. Ethics and Economics. Oxford: Blackwell.

COURSE MATERIALS

PREVIOUS YEARS

Please be aware that these materials may not be relevant to the current version of this module; they are intended primarily for students who took the module in other years.

Module Tutors:

Felix Pinkert

F dot Pinkert at warwick dot ac dot uk

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p dot j dot hammond at warwick dot ac dot uk