POL 303 Key Concepts in Political Economy
Political entities have always sought ways to organize economic activity, including the production and distribution of goods and services. This course introduces students to the key ideas and theories that have shaped debates on the political and social implications of economic policies. Students learn about different understandings of prosperity, welfare and development, which are connected to political questions of freedom, equality, authority and power. The course also explores different methodological standpoints; from rational choice to institutionalism, postmodernism and historical materialism. It places particular emphasis on the role of governments and political interests in shaping conflictual processes of collective decision-making. Finally, this course also looks at key political actors (states, organized labor, capital) and their interactions, thereby highlighting how strategic factors influence social, political and economic choices. (Recommended prerequisite: POL 101)