Course - Political economy - SØK8640
Political economy
New from the academic year 2025/2026
About
About the course
Course content
This course studies how policy is determined, as well as how politics and institutions interact. The course contains both theoretical models and empirical contributions. Topics include how voter behavior affects political decisions, how and why the franchise was extended, what makes voters sometimes prefer "strong politicians" and therefore removes checks and balances from constitutions, as well as the political rationale behind the distribution of resources across different segments of society.
Learning outcome
Knowledge
You learn
• How political decisions can be understood as an interplay between voters and politicians
• How economic and political power determines policy, and how such power constellations affect the evolution of institutions
• How inefficient institutions come about and persist over time
Skills
You should be able to
• explain central theories, models and empirics that can be used to study what determines political decisions and how institutions evolve.
• analyze a broad set of questions in political economy with the use of relevant models and empirics
General competence
You should be able to
• read and understand reports and research articles which deals with the topics covered in the course
• use the content of topics in own independent scientific work such as for example the master thesis
Learning methods and activities
2 hours of lectures every week. The course has compulsory activities. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is not taught every semester. Check courses that are taught at https://www.ntnu.no/econ/valgfrie-masteremner.
Compulsory assignments
- Mandatory activity
Further on evaluation
Compulsory activity must be completed in the semester the course is taught. The approval also applies to later semesters.
Specific conditions
Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Economics and Management (PHOL)
Recommended previous knowledge
Bachelor's degree in Economics
Required previous knowledge
None
Course materials
Announced at the beginning of the term.
Subject areas
- Economics
- Social Sciences
Contact information
Course coordinator
Lecturers
Department with academic responsibility
Examination
Examination
Ordinary examination - Autumn 2025
School exam
The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.