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Political Economy


Aims of the course

Introduction to the institutionalist analysis of contemporary economies. Laying emphasis on problems of sustainable growth and development. Critical comparative assessment of different macroeconomic schools and of their proposals for economic policies and developmental strategies.

Course syllabus

Definition of political economy. Paradigmatic differences between orthodox and heterodox economic theories. Evolution of political economy - an overview. Main features of classical political economy. Contemporary political economy – main themes. Evolution of the theory of economic growth. Growth and distribution. Income inequality. The role of institutions in economic development. Globalization and climate changes. Macroeconomic schools. Neoliberalism and Keynesianism. Post-Keynesian economics. Institutional approach to economic analysis. New Institutional Economics.

Course director(s)

  • Office Hours
  • Thursday at 13:15 in P-308
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