Faculty
tba

Course Coordinator
tba

The course covers approaches to studying the politics of national economic systems, including the key institutions involved in regulation and business. The course begins by discussing approaches to institutional change within national economic systems, including those that stress ‘institutional complementarities’ within national systems that suffer external constraints imposed by economic globalization, and those that emphasise that change comes from internal changes in ideas about how the economy should work. The course then discusses the rise and decline of welfare regimes, with emphasis placed on the Anglo, European, Japanese, and Nordic experiences. Once these paths of institutional change have been established, the course investigates four ‘macro’ changes among OECD countries, on taxation, property, and trade, as well as the role of international economic institutions. Two ‘micro’ cases are then discussed, with a focus on employment training, and also entrepreneurship. Finally, the course considers how advanced industrialised economies can foster and maintain institutional competitiveness.

On completion of the course the student should be able to:

Individual home assignment (10 pages limit) graded by teacher and internal censor on the 7-point scale. The exam is in April or early May.

Make-up/re-exam: When ill during the writing of the home assignment or when the ordinary exam is failed, is a 4-hour written closed book exam. It is allowed to bring basic language dictionaries (e.g. Danish/English, English/Danish and English Danish) to the exam. It is not allowed to bring specialized dictionaries (e.g. English/Danish dictionary on financial terms). Only non-programmable pocket calculators are not allowed. The re-exam is in August.