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Table of contents 18 chapters Table of contents 18 chapters Introduction Pages Preferences and Utility Pages Barter Exchange Pages Welfare Properties of Market Exchange Pages Economies with Production Pages Uncertainty in Exchange Pages Externalities Pages Public Goods Pages Compensation Criteria Pages Fairness and the Rawls Criterion Pages Life and Death Choices Pages Majority Voting Pages Dominant-Strategy Implementation Pages Nash Implementation Pages The course brings together three intersecting fields of study: models of economic growth, research on the political economy of development, and recent work using field and natural experimental approaches to test the impact of policy interventions on local development.

Students will study examples; theoretical and methodological issues bearing on the study of economic growth; the fundamentals of economic growth, such as climate, geography, endowments, historical legacies, and technological innovation, and human capital; and political economic issues, such as political institutions, taxation and redistribution, and foreign aid.


This course is an introduction to international political economy, the study of how and why international economic policies are formed, and how the international economy influences domestic politics and economic performance. Course will include a significant amount of economic theory. The approach of the course is a mix of history and current events. We will also consider the extent to which the current global order fundamentally differs from the previous period of globalization Topics covered include: foreign trade, capital flows, foreign direct investment and multinational corporations, monetary policy and exchange rates, immigration, and international organizations such as the WTO and IMF.

This course will examine democracy and meritocracy, exploring specifically the components, strengths, and liabilities of each. Particular focus will be on intersections between virtuosity, democracy and meritocracy. Readings will come from philosophy, political theory, history, and sociology.

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Potential application of these theories to the United States and to China, among other countries, will be discussed. The course will examine how the evolution of different institutional frameworks influences the way in which political choices are made. In particular, the course will focus on the institutional design choices available to constitution writers: 1 presidential, parliamentary executives and other political systems; 2 legislatures and their task structures debate, oversight, law preparation, budgeting ; 3 electoral laws and political parties; 4 veto-institutions, such as judicial oversight, federal delegation of authority to political subsidiaries; and 5 consequences of institutional choice: economic performance and political regime support.

This course introduces students to the approaches used by social scientists to evaluate the implementation and impacts of public policies. Topics covered include reasons for and uses of program evaluations; the different kinds of information gained through implementation analysis and the integration of qualitative and quantitative research; statistical power and effect size; and cost-benefit analysis.

The bulk of the course focuses on the techniques, advantages, and drawbacks of experimental and quasi-experimental designs. Examines nature and role of public opinion from a comparative perspective, providing a broad-based introduction to the dynamics of citizens' social and political attitudes. The goal of the course is to help students arrive at a more comprehensive understanding of forces that shape beliefs, attitudes, and opinions of the public, the means by which those views are publicly expressed, and the influence of those opinions on policy outcomes.

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The course will also offer an introduction to the design, implementation, and analysis of public opinion surveys and election polls with a special focus on cutting-edge survey experiments and online designs. This course offers a survey of the history of the world, by which is meant a historical overview of major processes and interactions in the development of human society since its early development some 60, years ago, going beyond the fundamental questions and concerns of area studies such as East Asian studies, South Asian studies.

In explaining the large scale processes such as empire building, commerce and religious practices, this course will show how various forms of human interactions, especially migration played a key role. This course will provide deep historical understanding for some of the pressing issues of the contemporary world such as migration, globalization, and imperialism.

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  • The central theme of this course is to examine the liberal conception of democracy as the aggregation of individual preferences. Students will explore and study questions such as: How can a collective e. Who decide whose preferences should be counted? Do voters have the freedom to choose?

    Yanis Varoufakis - 'Political Economy: The Social Sciences' Red Pill'

    What methods are used to aggregate preferences? What are the theoretical properties of these methods?

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    How easily can outcomes be manipulated or distorted? Are there widespread election frauds? Answers to these questions are utmost important for any democratic decision-making body.

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    • Social choice theory will be used as our theoretical framework for the analysis of combining individual opinions, preferences, interests, or welfares to reach a collective decision. Introduction to politics of international economic relations through an examination of persistent major debates and current events in world politics and global economy. Topics include politics of trade; politics of money and finance; foreign direct investment, multinational corporations, and global value chains; politics of foreign aid and economic development; and corporate social responsibility in a global economy.

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      Examines how material interests, historical and socio-political context, and institutions at domestic and international level shape a country's foreign economic policies. Special focus on U. Course explores the economic, political, and security issues in East Asia. Examines respective theoretical and historical backgrounds of the countries in the region Japan, North and South Koreas, China, Southeast Asia, Taiwan.

      Utilization of some international relation theory and methodological tools for more systematic analysis of these issues. Readings will be drawn from international relations theory, political science and history.

      The Political Economy of Social Choices

      Course examines contemporary Chinese politics, covering regime institutions and processes, policies and their effects, and the dynamics of political development. Course includes an overview of Chinese political history since the founding of the People's Republic, and including the reform era beginning in Course addresses the role of the Chinese Communist party and central government, as well as the role of subnational government.

      Students examine state-society relations and political participation and protest as well as economic and social policy. Also includes attention to China's international political and economic relations and policy challenges China faces in the future. How do different groups with different levels of political power shape political outcomes? How do gender, racial, environmental, and social inequalities express themselves through the political system? How do different institutional designs shape and channel inequality?

      This class introduces students to readings, arguments, and concepts that begin to explore the answers to these questions. This course introduces the ideas of 4 social theorists: Tocqueville, Marx, Durkheim, and Weber. Their ideas — such as public opinion and democratic despotism, alienation and ideology, rationalization and disenchantment, and organic solidarity and anomie — are still used by social scientists today to analyze and frame social, economic, and political problems.

      This course will introduce students to common statistics used in social science research articles and the media with the goal of making them informed and critical consumers of research results reported by various sources. Students will gain understanding of the conceptual basis and purpose of different statistics, as well as the formulas for deriving them. The relationship of statistical analysis to other components of the research process will be explicated.

      The course will be taught using team-based learning with an emphasis on the application of new concepts, knowledge, and skills in the classroom. Application activities will include interpreting statistics presented in tables and graphics in research articles and the media, critiquing conclusions drawn from statistics, and using statistical software, such as SPSS or Stata, to conduct statistical tests and generate tables and graphics.

      Condorcet's paradox builds upon his previous theorem and proposes that majority preferences can be irrational. Thus, Condorcet showed that while collective decision making is preferable to individual decisions, there are still problems associated with it. Social Choice Theory considers all sorts of individual choices, not just political choices. Ordering society in a way that reflects these many and varied individual preferences is therefore difficult. Arrow specifies five conditions that a society's choices must meet to reflect the choices of its individuals.

      Another notable contributor to social choice theory is Jean Charles de Bourda, a contemporary of Condorcet, who developed an alternative voting system known as Borda Count. Behavioral Economics. Wealth Management. Investopedia uses cookies to provide you with a great user experience. By using Investopedia, you accept our. Your Money.