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Political Economy and Policy Analysis
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Political Economy and Policy Analysis

Political Economy and Policy Analysis

ByAntonio Merlo
Edition 1st Edition
First Published 1 October 2018
eBook Published 14 November 2018
Pub. location London
Imprint Routledge
DOIhttps://doi.org/10.4324/9780429490309
Pages 236 pages
eBook ISBN 9780429954504
SubjectsEconomics, Finance, Business & Industry, Politics & International Relations
Get Citation

Get Citation

Merlo, A. (2019). Political Economy and Policy Analysis. London: Routledge, https://doi.org/10.4324/9780429490309
ABOUT THIS BOOK

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics.

This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis.

Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis.

A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.

TABLE OF CONTENTS
chapter 1|4 pages
Overview and introduction
ByAntonio Merlo
View abstract
chapter 2|27 pages
Basic tools of microeconomics
ByAntonio Merlo
View abstract
chapter 3|20 pages
Basic tools of political economics
ByAntonio Merlo
View abstract
chapter 4|19 pages
Voters
ByAntonio Merlo
View abstract
chapter 5|17 pages
Electoral competition
ByAntonio Merlo
View abstract
chapter 6|14 pages
Parties
ByAntonio Merlo
View abstract
chapter 7|15 pages
Lobbies
ByAntonio Merlo
View abstract
chapter 8|8 pages
Political careers
ByAntonio Merlo
View abstract
chapter 9|20 pages
Public goods
ByAntonio Merlo
View abstract
chapter 10|12 pages
Public schools
ByAntonio Merlo
View abstract
chapter 11|12 pages
Higher education
ByAntonio Merlo
View abstract
chapter 12|18 pages
Redistribution
ByAntonio Merlo
View abstract
chapter 13|12 pages
Health care
ByAntonio Merlo
View abstract
chapter 14|15 pages
Mobility
ByAntonio Merlo
View abstract

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics.

This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis.

Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis.

A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.

TABLE OF CONTENTS
chapter 1|4 pages
Overview and introduction
ByAntonio Merlo
View abstract
chapter 2|27 pages
Basic tools of microeconomics
ByAntonio Merlo
View abstract
chapter 3|20 pages
Basic tools of political economics
ByAntonio Merlo
View abstract
chapter 4|19 pages
Voters
ByAntonio Merlo
View abstract
chapter 5|17 pages
Electoral competition
ByAntonio Merlo
View abstract
chapter 6|14 pages
Parties
ByAntonio Merlo
View abstract
chapter 7|15 pages
Lobbies
ByAntonio Merlo
View abstract
chapter 8|8 pages
Political careers
ByAntonio Merlo
View abstract
chapter 9|20 pages
Public goods
ByAntonio Merlo
View abstract
chapter 10|12 pages
Public schools
ByAntonio Merlo
View abstract
chapter 11|12 pages
Higher education
ByAntonio Merlo
View abstract
chapter 12|18 pages
Redistribution
ByAntonio Merlo
View abstract
chapter 13|12 pages
Health care
ByAntonio Merlo
View abstract
chapter 14|15 pages
Mobility
ByAntonio Merlo
View abstract
CONTENTS
ABOUT THIS BOOK

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics.

This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis.

Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis.

A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.

TABLE OF CONTENTS
chapter 1|4 pages
Overview and introduction
ByAntonio Merlo
View abstract
chapter 2|27 pages
Basic tools of microeconomics
ByAntonio Merlo
View abstract
chapter 3|20 pages
Basic tools of political economics
ByAntonio Merlo
View abstract
chapter 4|19 pages
Voters
ByAntonio Merlo
View abstract
chapter 5|17 pages
Electoral competition
ByAntonio Merlo
View abstract
chapter 6|14 pages
Parties
ByAntonio Merlo
View abstract
chapter 7|15 pages
Lobbies
ByAntonio Merlo
View abstract
chapter 8|8 pages
Political careers
ByAntonio Merlo
View abstract
chapter 9|20 pages
Public goods
ByAntonio Merlo
View abstract
chapter 10|12 pages
Public schools
ByAntonio Merlo
View abstract
chapter 11|12 pages
Higher education
ByAntonio Merlo
View abstract
chapter 12|18 pages
Redistribution
ByAntonio Merlo
View abstract
chapter 13|12 pages
Health care
ByAntonio Merlo
View abstract
chapter 14|15 pages
Mobility
ByAntonio Merlo
View abstract

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics.

This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis.

Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis.

A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.

TABLE OF CONTENTS
chapter 1|4 pages
Overview and introduction
ByAntonio Merlo
View abstract
chapter 2|27 pages
Basic tools of microeconomics
ByAntonio Merlo
View abstract
chapter 3|20 pages
Basic tools of political economics
ByAntonio Merlo
View abstract
chapter 4|19 pages
Voters
ByAntonio Merlo
View abstract
chapter 5|17 pages
Electoral competition
ByAntonio Merlo
View abstract
chapter 6|14 pages
Parties
ByAntonio Merlo
View abstract
chapter 7|15 pages
Lobbies
ByAntonio Merlo
View abstract
chapter 8|8 pages
Political careers
ByAntonio Merlo
View abstract
chapter 9|20 pages
Public goods
ByAntonio Merlo
View abstract
chapter 10|12 pages
Public schools
ByAntonio Merlo
View abstract
chapter 11|12 pages
Higher education
ByAntonio Merlo
View abstract
chapter 12|18 pages
Redistribution
ByAntonio Merlo
View abstract
chapter 13|12 pages
Health care
ByAntonio Merlo
View abstract
chapter 14|15 pages
Mobility
ByAntonio Merlo
View abstract
ABOUT THIS BOOK
ABOUT THIS BOOK

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics.

This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis.

Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis.

A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.

TABLE OF CONTENTS
chapter 1|4 pages
Overview and introduction
ByAntonio Merlo
View abstract
chapter 2|27 pages
Basic tools of microeconomics
ByAntonio Merlo
View abstract
chapter 3|20 pages
Basic tools of political economics
ByAntonio Merlo
View abstract
chapter 4|19 pages
Voters
ByAntonio Merlo
View abstract
chapter 5|17 pages
Electoral competition
ByAntonio Merlo
View abstract
chapter 6|14 pages
Parties
ByAntonio Merlo
View abstract
chapter 7|15 pages
Lobbies
ByAntonio Merlo
View abstract
chapter 8|8 pages
Political careers
ByAntonio Merlo
View abstract
chapter 9|20 pages
Public goods
ByAntonio Merlo
View abstract
chapter 10|12 pages
Public schools
ByAntonio Merlo
View abstract
chapter 11|12 pages
Higher education
ByAntonio Merlo
View abstract
chapter 12|18 pages
Redistribution
ByAntonio Merlo
View abstract
chapter 13|12 pages
Health care
ByAntonio Merlo
View abstract
chapter 14|15 pages
Mobility
ByAntonio Merlo
View abstract

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics.

This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis.

Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis.

A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.

TABLE OF CONTENTS
chapter 1|4 pages
Overview and introduction
ByAntonio Merlo
View abstract
chapter 2|27 pages
Basic tools of microeconomics
ByAntonio Merlo
View abstract
chapter 3|20 pages
Basic tools of political economics
ByAntonio Merlo
View abstract
chapter 4|19 pages
Voters
ByAntonio Merlo
View abstract
chapter 5|17 pages
Electoral competition
ByAntonio Merlo
View abstract
chapter 6|14 pages
Parties
ByAntonio Merlo
View abstract
chapter 7|15 pages
Lobbies
ByAntonio Merlo
View abstract
chapter 8|8 pages
Political careers
ByAntonio Merlo
View abstract
chapter 9|20 pages
Public goods
ByAntonio Merlo
View abstract
chapter 10|12 pages
Public schools
ByAntonio Merlo
View abstract
chapter 11|12 pages
Higher education
ByAntonio Merlo
View abstract
chapter 12|18 pages
Redistribution
ByAntonio Merlo
View abstract
chapter 13|12 pages
Health care
ByAntonio Merlo
View abstract
chapter 14|15 pages
Mobility
ByAntonio Merlo
View abstract
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