ECC3870 Political economy: Institutions, order, and evidence
Faculty of Business and Economics
ECC3870 Political economy: Institutions, order, and evidence is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 at Clayton. It needs ECW2731, ECB2731, ECC2000 or ECF2731.
- Credit points
- 6
- Offered in 2022
- Semester 1
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2023 entry.
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Requisites
Before ECC3870
Prerequisites
Pass these before you enrol.
After ECC3870
No unit lists ECC3870 as a prerequisite in the 2022 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
This unit is an introduction to contemporary political economy, emphasising core theoretical concepts and controversies and empirical evaluation. Before political science or economics, there was political economy. This unit studies the interaction between the economy and political institutions: the formal laws, norms, conventions, and rules that shape economic activity. Special attention will be paid to canonical ideas of how these institutions impact the allocation and distribution of resources and economic development. This unit combines both theory and evidence. You will be exposed to concepts of empirical research design, comparative inquiry, and causality. Topics covered: the theory and empirics of voting; violence and political order; governance and collective action; elites and theories of the state; institutions and growth; institutional change and path dependence.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the interaction between political institutions and markets
- 2
evaluate how formal and informal institutions impact economic activity and outcomes
- 3
critically consume contemporary empirical work in political economy and related disciplines
- 4
critically assess how institutions shape the behaviour of political actors.
Workload and teaching
- Lectures24 hours
- Tutorials12 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECC3870 is part of 2 areas of study in the 2022 handbook.
Contacts
- Chief Examiners
- Mr Weijia Li
Common questions
What are the prerequisites for ECC3870?
You need ECW2731, ECB2731, ECC2000 or ECF2731 before you enrol. Enrolment rules also apply.
When is ECC3870 offered?
In 2022, ECC3870 runs in Semester 1 at Clayton.
How much work is ECC3870?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC3870 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ECC3870?
ECC3870 is part of Economic analysis and Economics.