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PH337 - Principles of Political Economy: Economics & Philosophy

  • Module code: PH337
  • Module name: Principles of Political Economy: Economics & Philosophy
  • Department: Philosophy
  • Credit: 15

Content and teaching | Assessment | Availability

Module content and teaching

Principal aims

The half-module Economics and Philosophy will explore the philosophical content in the economic analysis and evaluation of public policy. Topics covered: 1. Normative Decision Theory; 2. Rationality and Moral Evaluation; 3. Collective Choice; 4. Justice; 5. Markets, Freedom and Efficiency; 6. Gains from Trade; 7. Well-Being; 8. Externalities and Public Goods. Illustrative reading: 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, Maurice Salles, John A. Weymark (eds.) 2008. Justice, Political Liberalism, and Utilitarianism: Themes from Harsanyi and Rawls. Cambridge: Cambridge University Press. Hausman, Daniel and Michael McPherson. 2006. Economic Analysis, Moral Philosophy, and Public Policy. Cambridge: Cambridge University Press. Sen, Amartya. 2009. The Idea of Justice. Cambridge: Harvard University Press.

Principal learning outcomes

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.

Timetabled teaching activities

Normally runs in the Autumn term. Weekly 2 hour Lectures and 1 hour seminars.

Departmental link

https://www2.warwick.ac.uk/fac/soc/philosophy/undergraduate/modules/ph337

Other essential notes

Students are required to prepare for and attend all lectures and seminars and to participate in classroom discussions.

Module assessment

Assessment group Assessment name Percentage
15 CATS (Module code: PH337-15)
D (Assessed/examined work) 1500 word essay 15%
  2 hour examination (Summer) 85%
VA (Visiting students only) 100% assessed (part year) visiting 100%

Module availability

This module is available on the following courses:

Core

N/A

Optional Core
  • Undergraduate Classical Civilisation with Philosophy (Q8V7) - Year 3
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MH) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MI) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MJ) - Year 4
Optional
  • Undergraduate Classical Civilisation with Philosophy (Q8V7) - Year 3
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MF) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MG) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MH) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MI) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MJ) - Year 4
  • Undergraduate Philosophy, Politics and Economics (V7ML) - Year 3
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MM) - Year 4
  • Undergraduate Philosophy, Politics and Economics (V7MP) - Year 3
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MQ) - Year 4
  • Undergraduate Philosophy, Politics and Economics (V7MR) - Year 3
  • Undergraduate Philosophy, Politics and Economics (V7MR) - Year 4
  • Undergraduate Philosophy, Politics and Economics (with Intercalated year) (V7MS) - Year 4