GOV 370L • Politics and the Economy
3:30 PM-5:00 PM
This course examines the relationships between economics and politics. Political processes define the rules and boundaries of economic relationships. The impact politics has on economic life forces organized groups to engage in political actions that attempt to influence the political process for their economic advantage. There are some patterns that hold for all societies, democratic or not, economically developed or not, but the variation across societies is large. The course will focus primarily on the relationship between politics and market behavior in democracies. I will discuss topics from several theoretical and practical areas of the field in political science called analytical politics. These topics are: social choice, electoral competition, interest group politics, and the theory of economic regulation. My presentation in class should help you with your project. The required term project will be on an economic interest group OR a governmental regulatory agency of your own choosing. The subjects and ideas that I cover in class are important for your understanding of politics and economics but do not have any direct relevance to your term project. You will be expected to take part in the required class discussion as is outlined below. Each student should check the folder Courses on my webpage for any news about changes in the presentation schedule or a canceled class if I am too sick to come to the campus.
Phase 1 5% Phase 2 35% Phase 3 5% Oral presentation 40% Phase 4 15% Bonus points for class participation 15%
Hinich and Munger, Analytical Politics (Cambridge University Press)