300.401 Political Economy Prof. These are some of the central questions in the field of political economy.
Political economy is the union of two fields of study, politics and economics.
Students of political economy use economic reasoning to understand politics and employ their understanding of politics to reason about economics. We will begin by reading some of the main works in political philosophy that deal with collective choice, social contract theory, and distributive justice. 1 2-Sep Economic reasoning Friedman, Hidden Order , pp. 10 4-Nov Rent seeking Friedman, Hidden Order , ch. 19 Krugman, Accidental Theorist , pp.