The course is an introduction to contemporary political economy, both as an application of economic paradigms for explaining political phenomena and as a discipline focusing on the links between politics and economics. To put it differently, in one way or another the entire course will concentrate on two fundamental questions from various aspects:
- How and to what extent do societal agents act rationally, and what are the societal consequences of such behaviour?
- How and to what extent do (political) institutions affect behaviour and thus economic performance?
During the course students will acquaint with different alternative theories, concepts, and methodological approaches concentrating on these questions.- Instructor: Attila Folsz