Course for international guest/part time students
- Faculty
- Faculty of Social Sciences
- Organization
- TÁTK Department of Economics
- Code
- IRB124.1
- Title
- Political Economy
- Usual semester
- Spring
- Published semester
- 2025/26/2
- ECTS
- 4
- Language
- en
- Description
- The course examines the interaction between economics and politics from a comparative point of view. It gives an overview of the most important concepts and results in the field of political economy, including the different characteristics of political and economic systems, lessons of transitions between them as well as the institutional determinants of development. Comparison of social, political and economic structures provides the students with a solid foundation in the discipline, while also strengthens analytical, historical and critical awareness in studying and interpreting problems. The course is very useful for students aiming for either academic or professional careers.
- Learning outcomes
- Short descripition of the course The course examines the interaction between economics and politics from a comparative point of view. It gives an overview of the most important concepts and results in the field of political economy, including the different characteristics of political and economic systems, lessons of transitions between them as well as the institutional determinants of development. Comparison of social, political and economic structures provides the students with a solid foundation in the discipline, while also strengthens analytical, historical and critical awareness in studying and interpreting problems. The course is very useful for students aiming for either academic or professional careers.
- Course content
- Course outline (preliminary) Part One: Methods 1. hét What Is Political Economy? 2. hét Group Choices 3. hét Strategic Interactions Part Two: Concepts 4. hét Institutions 5. hét The State 6. hét The Market 7. hét Midterm Exam 8. hét Spring Break Part Three: Systems 9. hét Economic Systems 10. hét Evolution of Capitalism 11. hét The Socialist System Part Four: Transitions 12. hét Post-Socialist Transformation 13. hét Models of Transition 14. hét Final Exam
- Assessment method
- Requirements There are two alternative methods to complete the course: A) Two exams (each for 40 points) during the semester for recommended mark: one midterm in week 7 (covering topics 1-6), and one final exam in week 13 (covering topics 7-11). No make-up exams are possible. B) A comprehensive exam in the exam period for 80 points. Grading 0-39 points: fail (1); 40-49 points: pass (2); 50-59 points: satisfactory (3); 60-69 points: good (4); 70-80 points: excellent (5)
- Bibliography
- Readings: Acemoglu, D., & Robinson, J. A (2012). Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Crown Publishers, New York. Kornai J. (2008). From Socialism to Capitalism. Eight Essays. CEU Press, Budapest. Shepsle, K. A. (2010). Analyzing Politics: Rationality, Behavior and Instititutions. W. W. Norton & Company, New York