Political Economy and Globalisation

Political Economy and Globalisation is intended to deepen a student’s understanding of the political context of Economics, and the way in which the discipline of Economics produces ideas and conclusions. The inspiration for this course arises from two key requirements for a good economic education: to expose students to real problems, and to move away from purely neoclassical expositions.

Lecturers on this course are encouraged to incorporate views from various schools of thought: (neo) classical, Keynesian, and different varieties of heterodox thinking (for example, Austrian or institutional economics). Students on this course are exposed to the complex evolution of economic ideas beyond the standard framework. All topics lend themselves to the inclusion of a wide variety of economic principles, and exact content should be determined by the research expertise of the lecturer(s).

This course is based on a mix of texts, including papers from both the qualitative and quantitative research traditions, but is heavily based on two main textbooks supplemented by additional readings.