Checking date: 29/04/2022

Course: 2022/2023

Political Economy
Study: Bachelor in History and Politics (352)

Coordinating teacher: OZEL SERBETÇI, ISIK

Department assigned to the subject: Social Sciences Department

Type: Compulsory
ECTS Credits: 6.0 ECTS


Skills and learning outcomes
Description of contents: programme
SECTION 1:ANALYZING POLITICS: CONCEPTS, TECHNIQUES AND MODELS. 2. Social Choice: Preferences. Interests. Aggregation. Collective action. 3. Positive political economy: Market agents. Political actors. Political-economic equilibrium. 4. Models of electoral competition: Downsian approach. Probabilistic voting models. Citizen-candidate. Partisan politics. 5. Voting: Agency problems. Accountability. Selection. SECTION 2: INSTITUTIONS: DESIGN AND PERFORMANCE 6. Institutional structure: States and markets. Regulation. Bureaucracy. Institutional coordination. Varieties of capitalism. 7. Economic institutions. Political institutions. Institutions as rules and equilibria. Institutional change and stability. 8. Transaction costs. Time-consistency problems. Credible commitments. Reputation. 9. Political institutions and policy outcomes. State capacity. Political Regimes. Economic growth. Poverty. Development. SECTION 3: POLITICS OF REDISTRIBUTION 10. Models of redistributive politics. Preferences for social insurance. Welfare state. 11. Distributional consequences of political institutions. Electoral systems. Coalition governments. Pork-barrel politics. Lobbying.
Assessment System
  • % end-of-term-examination 60
  • % of continuous assessment (assigments, laboratory, practicals...) 40
Calendar of Continuous assessment
Basic Bibliography
  • Weingast, B.R and Wittman, D.A.. Oxford Handbook of Political Economy. Oxford. 2009

The course syllabus may change due academic events or other reasons.