GOV 370L • Politics and the Economy-W
12:30 PM-2:00 PM
Contains a substantial writing component and fulfills part of the basic education requirement in writing. Course number may be repeated for credit when the topics vary. 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 modern Political Economy, such as: social choice, electoral competition, interest group politics, and the theory of economic regulation. You are not required to formally weave any of these topics in your paper but class discussion 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 you 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.
Phase 1: 10% Phase 2: 35% Phase 3: 5% Oral presentation: 35% Phase 4: 15% Bonus points for class participation: 15%
Required Book: M. J. Hinich & M. Munger, Analytical Politics (Cambridge University Press) Reccommended Reference: Lowery & Brasher, Organized Interests & American Government (McGraw-Hill)