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Issues in European Political Economy

Classes

FIRST CLASS: Wednesday 12 January 2022, 7.30pm-9pm

Overview

This is a credit bearing course but can also be taken as a non-credit bearing course.

Discover the difference between our credit bearing and non-credit bearing courses.

Europe, with its highly integrated national economies, distinct models of capitalism and pivotal position in the international economic system, raises important questions for the study of political economy. Our Issues in European Political Economy short course introduces you to cutting-edge debates and cases in the study of European political economy in a global context. It covers key theoretical concepts that political economists use to think about the policy challenges confronting Europe.

We will interrogate Europe’s place in the international economic system and apply political economy concepts to a set of policy challenges chosen by the module leader and students each year. This allows you to develop your understanding of some of the key challenges facing the European economy and to interrogate possible solutions to them.

We plan to cover the following content:

  • The European economy since 1945
  • Key concepts in political economy, including:
    • Coase Theorem
    • Exit, Voice and Loyalty
    • Three Worlds of Welfare Capitalism
    • Logic of Collective Action
    • Principal-Agent Approach
    • Inconsistent Quartet
    • Optimal Currency Areas
    • Doop Loop
    • Time Consistency Problem
    • Tragedy of the Commons
  • Case studies of five key policy challenges facing Europe, such as:
    • Austerity
    • Unemployment
    • Equality
    • Welfare states
    • COVID-19
    • Development
    • Ageing populations
    • Telecommunications
    • Climate change
    • Productivity
    • Fintech and energy
    • EU and the Global South

Assessment is via a 3000-word essay (90%) and seminar participation (10%).

15 credits at level 6

  • Entry requirements

    Entry requirements

    Most of our short courses have no formal entry requirements and are open to all students.

    The Issues in European Political Economy short course is suitable for those with previous knowledge of the subject, for example, by having successfully completed an introductory class at Level 4 (such as the first year of an undergraduate degree or one of our Certificate of Higher Education modules), or by having professional experience in this area.

    As part of the enrolment process, you may be required to submit a copy of a suitable form of ID.

    International students who wish to come to the UK to study a short course can apply for a Visitor visa. Please note that it is not possible to obtain a Student visa to study a short course.

  • How to apply

    How to apply

    You register directly onto the classes you would like to take. Classes are filled on a first-come, first-served basis - so apply early. If you wish to take more than one short course, you can select each one separately and then register onto them together via our online application portal. There is usually no formal selection process, although some modules may have prerequisites and/or other requirements, which will be specified where relevant.