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The course covers Neoclassical, Post Keynesian and Marxist theories and applies them to contemporary issues of austerity policy, neoliberalism, financialisation and globalisation. It is excellent preparation for a range of employment possibilities in government agencies, think tanks, research institutes or in international agencies such as the International Labor Organization.
What will you study?In the Political Economy MA you will acquire a rigorous and broad-based understanding of the discipline of political economy and an ability to do research in this field. Core background knowledge is delivered through the modules Macro Theory & Policy and Economic Change & Ideas, the first of which gives a comprehensive review of macroeconomics from theoretical and policy perspective, while the latter gives a detailed review of capitalism from its emergence to contemporary globalisation, as well as the parallel developments in political economy. The two modules focused on political economy are Political Economy: Effective Demand, Exploitation and Unemployment, which offers a rigorous development of present-day competing political economy paradigms, and Financialisation, Globalisation and Economic Policy, and pursues an advanced analysis of the processes of globalisation and financialisation of contemporary capitalism and uses it as a basis for discussion of economic policy. These modules serve as excellent preparation to pursue high-level research into an applied economic policy topic in the dissertation. You will work individually with a member of staff to choose a topic for your dissertation, research this topic and write up your conclusions.
On successful completion of the programme you will have acquired a precise and professional knowledge of the procedures used to analyse current issues in political economy.
AssessmentClass tests, essays, examinations, graded exercises, practical coursework, presentations, take-home tests, dissertation, literature review and economic reports.
- Economic Change and Ideas
- Financialisation, Globalisation and Economic Policy
- Macroeconomic Theory and Policy
- Political Economy: Effective Demand, Exploitation and Crisis
- Economics Dissertation