New Political Economy

Course: Economics and Economic Policy

Structural unit: Faculty of Economics

Title
New Political Economy
Code
ОК 1.14
Module type
Обов’язкова дисципліна для ОП
Educational cycle
Second
Year of study when the component is delivered
2021/2022
Semester/trimester when the component is delivered
1 Semester
Number of ECTS credits allocated
3
Learning outcomes
PLO 1. Formulate, analyze and synthesize solutions for scientific and practical problems. PLO 2. Develop, substantiate and make effective decisions on the development of socio-economic systems and management of economic entities. PLO 5. Adhere to the principles of academic integrity. PLO 8. Collect, process, and analyze statistical data, scientific and analytical materials needed for solving complex political and economic problems. PLO 11. Identify and critically assess the state of socio-economic development and its trends, create and analyze models of economic systems and processes. PLO 13. Assess possible risks, socio-economic consequences of management decisions. PLO 17. Use modern educational and research technologies in the field of economics.
Form of study
Full-time form
Prerequisites and co-requisites
Successful mastering of the disciplines "Economic Theory and Economic Policy", "Political Science", "History of Economic Studies", "Microeconomics", "Macroeconomics".
Course content
Theoretical and methodological features and conceptual and categorical apparatus of the new political economy. Economic analysis of social needs, public goods and public choice. Economic analysis of direct and representative democracy. Economics of bureaucracy. Preconditions and socio-economic consequences of lobbying and seeking political rent. The essence and mechanisms of the political business cycle. Constitutional economics.
Recommended or required reading and other learning resources/tools
1. Buchanan JM Politics without romance: a summary of the positive theory of social choice and its normative conditions / Milestones of economic thought. Welfare economics and public choice. - URL: https://seinst.ru/files/vehi _4_014_buchanen_-politics-without-romance.pdf 2. Buchanan J., Tallock G. Calculation of consent. Logical bases of constitutional economy. - URL: http://gallery.economicus.ru /cgi-bin/frame_rightn_newlife.pl?type= school & links =. / In / buchanan / works / buchanan_w2_0 & img = works.jpg & name = pubchoice 3. Grazhevskaya N.I., Maslov A.O. New political economy: Educational and methodical complex for master's students majoring in 051 "Economics". K .: CJSC "Nichlava", 2018. - 24 p. (Ukrainian lang.) 4. Mueller D. Theory of social choice / Panorama of economic thought of the late twentieth century. - Vol. 1 / Ed. D. Greenway et al. - St. Petersburg: School of Economics, 2002. - 668 p. (Russian lang.)
Planned learning activities and teaching methods
Lecture. Seminar. Independent selfwork. Speeches and participation in discussions at seminars. Testing. Blitz poll. Performing creative tasks Preparation of presentations.
Assessment methods and criteria
Semester assessment: 100 points Max / 60 points Min (work on seminars content part 1) (speeches, additions, participation in discussions and debates, test and creative tasks): RS 1.1-1.3, RS 2.1-2.4, RS 3 - Max 15 points / Min 9 points; test work on the content part 1: RS 1.1-1.3; RS 2.1-2.4 - Max 10 points / Min 6 points; work on seminars on the content part 2 (speeches, additions, participation in discussions and debates , performance of test and creative tasks): RS 1.4-1.6, RS 2.1-2.4, RS 3 - Max 15 points / Min 9 points, control work on the content part 2: RS 1.4-1.6, RS 2.1-2.4, RS 3 - Max 10 points / Min 6 points, independent self-work (presentation of creative individual tasks): RS 2.1-2.4, RS 3, RS 4 - Max 25 points / Min 15 points Final assessment in the form of final test: 25 points Max / 15 points Min. The total number of points in the discipline (100 points Max) is defined as the sum of points for work during the semester and the results of the final test.
Language of instruction
Ukrainian

Lecturers

This discipline is taught by the following teachers

Nadiia Hrazhevska
Department of Economic Theory, Macro- and Microeconomics
Faculty of Economics

Departments

The following departments are involved in teaching the above discipline

Department of Economic Theory, Macro- and Microeconomics
Faculty of Economics