Programme And Module Handbook
Course Details in 2021/22 Session

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Module Title LM Political Economy and Economic Policy
SchoolBirmingham Business School
Department Economics
Module Code 07 27185
Module Lead Dr. Wanyu Chung
Level Masters Level
Credits 10
Semester Semester 2
Restrictions None
Description In Political Economy we study non-market decision-making, in particular decision-making from an economist's perspective. This module uses the 'rational choice' perspective to understanding the process of economic and political decision-making in a democracy to studying some particular issues in development economics macroeconomics and international economics. Thus, some of the methods of analysis used in the 'rational choice' perspective will be used to study problems of government debt, underdevelopment and some special topics (eg conflict and economic resource allocation, economics of crime).
Learning Outcomes By the end of the module students should be able to:
  • Critically evaluate how governments function compared to a theoretical benchmark;
  • Demonstrate an advanced ability to write and solve formal models of political decision-making and apply it to specific policy problems;
  • Appraise and synthesise the relevant literature explaining how theories have been tested and the results obtained;
  • Display an in-depth knowledge of the complexities of public debt.
Assessment 27185-01 : Essay : Coursework (20%)
27185-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (80%)
Assessment Methods & Exceptions Assessments:
2 hourr examination (80%)
2,000 word assignment (20%)

Reassessment: 2 hour examination (100%)
Reading List