This unit surveys historical and contemporary theories that explain sources of instability in capitalist economies - both cyclical and non-cyclical. Students will be trained to use techniques to detect cycles, trends, volatility and turning points. Students will complete a project which evaluates sources of instability, emphasizing the social, political and institutional features of an economy that may influence its severity, and discusses the challenges for policymakers to softening the ill-effects of economic downturns and create conditions for recovery.
Unit details and rules
Academic unit | Political Economy |
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Credit points | 6 |
Prerequisites
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12 credit points at 2000 level in Political Economy |
Corequisites
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None |
Prohibitions
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ECOP2601 |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Susan Schroeder, susan.schroeder@sydney.edu.au |
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Lecturer(s) | Susan Schroeder, susan.schroeder@sydney.edu.au |