Political Economics

Code:

CC016

Acronym:

ECOP

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2019/2020 - 1S

Active?	Yes
Responsible unit:	Department of Communication and Information Sciences
Course/CS Responsible:	Bachelor in Communication Sciences

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
CC	13	CC - Study Plan	2	-	6	46	162

Teaching language

Portuguese

Objectives

This course will analyse the close and complex interaction between economics and politics. Thus, we will examine the main actors in this process, discussing the role of the state and of politics and policy-making in the framework of a market system. The syllabus will cover the emergence of political economy and its evolution until present times, aiming to highlight how the role of the state has changed over time. Moreover, we will analyse some major issues in contemporary political economy, namely by taking into account their relevance for public debate and their treatment by differents platforms of the media.

Learning outcomes and competences

This course aims to develop students' capacity to analyse some of the major issues regarding the role of the state and the major economic and political arguments presented in that respect. Moreover, it is also evisaged that the students develop the ability to formulate a substantiated opinion about the relevance and the shortcomings of the intervention of the state in the framework of a market system.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

Prior knowledge of some basic economic concepts will enhance students' capacity to progress and learn. Some basic knowledge in economic history will also be an advantage.

Program

1. Introduction – State, Market, and Society

 

Major milestones in the evolution of Political Economy

1. Political Economy and the emergence of the Market System.


2. Growth and Distribution.


3. Social tensions and Socialism.


4. Crises and State regulation.


5. From Political Economy to Economic Science.


6. Neoliberalism - crisis and reforms.

 

Major topics in contemporary Political Economy

1. State and Market in social areas.


2. Globalization.


3. Inequalities.


4. Education and Labour Market.

 

Mandatory literature

Robert L. Heilbroner; The making of Economic society
Robert L. Heilbroner; Os^grandes economistas
Angus Maddison; The^world economy. ISBN: 92-64-18608-5

Complementary Bibliography

Adam Smith; Inquérito sobre a natureza e as causas da riqueza das nações
John Maynard Keynes; The^general theory of employment interest and money
Milton Friedman; Free to choose. ISBN: 0-380-52548-8
Karl Marx; Manifesto do partido comunista
Joseph E. Stiglitz; Globalização. ISBN: 972-710-328-6
Thomas Piketty; O^capital no século XXI. ISBN: 978-989-644-304-7
Martin Wolf; Why globalization works. ISBN: 0-300-10777-3
Anthony B., Atkinson; Desigualdade. ISBN: 978-972-25-3097-2
N. Gregory Mankiw; ;Introdução à Economia, Editora Campus. ISBN: ISBN: 8535208534
Samuelson and Nordhaus;; Economia, MacGraw-Hill. ISBN: ISBN: 8448146190

Comments from the literature

Adicional bibliography will be indicated on class

Teaching methods and learning activities

 

Classes will combine lecture elements with more interactive periords requiring the active participation of students, in order to stimulate students' participation. Additionally, the aim is to foster the discussion of issues that will be addressed in the individual research work, namely of major themes in contemporary debates in political economy.

keywords

Social sciences > Economics > Political economy
Social sciences > Economics

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Teste	60,00
Trabalho prático ou de projeto	40,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	49,00
Frequência das aulas	49,00
Trabalho escrito	30,00
Total:	128,00

Eligibility for exams

Mandatory attendance of 75% of classes, unless established otherwise by general regulations and in the FLUP Assessment Regulations.

Calculation formula of final grade

Weighted average of each component, with a minimum grade in each of 7/20.

Examinations or Special Assignments