ÐÓ°ÉÂÛ̳

 

GV441      Half Unit
States and Markets

This information is for the 2022/23 session.

Teacher responsible

Dr David Woodruff

Availability

This course is available on the MSc in Comparative Politics, MSc in Development Studies, MSc in Global Politics, MSc in Political Science and Political Economy, MSc in Public Administration and Government (ÐÓ°ÉÂÛ̳ and Peking University) and MSc in Public Policy and Administration. This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 3 groups. Priority will be given to MSc Comparative Politics students.

Course content

To introduce politics students to basic economic theorising; to discuss the nature of markets; review contemporary discussions regarding the role of the state in the economy; provide a comparison of the relationship of states and markets in different political settings and historical contexts. Indicative topics: The state and the institutional foundations of markets; states and markets in the Great Depression; domestic and international monetary institutions; varieties of capitalism and change in varieties of capitalism; economics and politics of market bubbles; politics and policy in the financial crisis of 2007-2009; the Eurozone crisis.

Teaching

This course is delivered through a combination of seminars and lectures totalling a minimum of 28 and a half hours in the Michaelmas Term.

There will be a reading week in Week 6 of the MT.

Formative coursework

All students are expected to submit one non-assessed essay.

Indicative reading

Block, Fred. “The Roles of the State in the Economy.” The Handbook of Economic Sociology, edited by Neil J Smelser and Richard Swedberg, Princeton University Press, 1994, pp. 691–710.

Keynes, John Maynard. “The Means to Prosperity.” The Collected Writings of John Maynard Keynes, edited by Elizabeth Johnson and Donald Moggridge, vol. VI, Cambridge University Press, 1978, pp. 335–66, doi:10.1017/UPO9781139524162.

Fourcade Gourinchas, Marion, and Sarah L. Babb. “The Rebirth of the Liberal Creed: Paths to Neoliberalism in Four Countries.” American Journal of Sociology, vol. 108, no. 3, 2002, pp. 533–79, doi:10.1086/367922.

Assessment

Online assessment (100%) in January.

Key facts

Department: Government

Total students 2021/22: 44

Average class size 2021/22: 15

Controlled access 2021/22: Yes

Lecture capture used 2021/22: Yes (MT)

Value: Half Unit

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

  • Self-management
  • Problem solving
  • Communication