Registry

Module Specifications

Current Academic Year 2012 - 2013
Please note that this information is subject to change.

Module Title Public Choice
Module Code EF325
School DCUBS
Online Module Resources

Module TeacherAnn Largey
NFQ level 8 Credit Rating 5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None
Description
Public choice theory provides a conceptual apparatus for examining the relationship between economics and political science. Within the last twenty years, public choice theory has emerged as an important method for understanding politics. The purpose of the module is to provide students with a thorough exposure to the main public choice theories as they relate both to the normative and positive strands of political science. This will include an examination of the successes and failures of public choice, including applications and empirical findings. Students are expected to participate in lecture discussions and will complete a term paper which will require independent research.

Learning Outcomes
1. Explain the economic rational for governments role in enacting public policies
2. Apply rational choice models to political institutions and processes to clarify their mechanisms
3. Discuss the merits and demerits of direct and indirect representation
4. Apply theoretical models, ideas and arguments to actual political events and outcomes
5. Critique therational agent approach of public choice theories in light of its applicability in various contexts



Workload Full-time hours per semester
Type Hours Description
Lecture24No Description
Assignment25Reading, collection of data and write-up
Independent learning46Reading related to lecture material
Independent learning20Exam revision
Independent learning10Plan for sample essay questions
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities
The reasons for collective choice.
Allocative efficiency, redistribution, searching for the "public interest".

Public Choice in a Direct Democracy.
The choice of voting rule, majority rule (postiive and normative properties), alternatives to majority rule.

Public Choice in a Representative Democracy.
Federalism, two-party competition (deterministic and probabilistic voting), multiparty systems, the paradox of voting, rent seeking, public provision and the "return to the market".

Applications and Testing.
Political competition and macroeconomic performance, interest groups, campaign contributions and lobbying, bureaucracy, dictatorship, the size of government, government size and economic performance, political business cycles. (Depending on time available one or more of these applications/testing will be covered)..

Normative Public Choice.
Bergson-Samuelson social welfare functions, the Arrow and Sen impossibility of social ordering, utilitarian contracts, liberal rights and social choices, Rawls social contract theory..

Assessment Breakdown
Continuous Assessment30% Examination Weight70%
Course Work Breakdown
TypeDescription% of totalAssessment Date
Assignmentn/a30%Week 9
Reassessment Requirement
Resit arrangements are explained by the following categories;
1 = A resit is available for all components of the module
2 = No resit is available for 100% continuous assessment module
3 = No resit is available for the continuous assessment component
This module is category 1
Indicative Reading List
  • Mueller,D.C: 0, Public Choice,
  • Cullis, J and P Jones: 0, Public Finance and Public Choice,
  • McNutt, P.A.: 0, The Economics of Public Choice,
  • Buchanan, J.M. and R. Musgrave: 0, Public Finance and Public Choice: Two Contrasting Visions of the State,
  • Tullock, G, A.Seldon and G.L.Brady: 0, Government Failure: A Primer in Public Choice,
  • Buchanan, J.M and G. Tullock: 0, The Calculus of Consent,
Other Resources
237, 0, Other readings will be drawn from journal articles,
Array
Programme or List of Programmes
BSSAOStudy Abroad (DCU Business School)
EPLBA in Economics, Politics and Law
EPLYABA in Economics, Politics and Law
Timetable this semester: Timetable for EF325
Date of Last Revision08-NOV-06
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