| EC 852 Economics |  | Fall 2009  GMU: Robinson B202 | 
| Professor:    Roger
D. Congleton Office :    11  Carow Hall   | .  | |
| Office Hours: | Monday and Wednesday 2:00 - 3:30, and most other times by appointment | |
| Class Time and Place | .Robinson
B202 / Thursdays 4:30-7:10 | |
| Recommended Texts: | Mueller, D. C. (2003) Public Choice III. Cambridge: Cambridge
University Press. Persson, T. and Tabellini, G. E. (2000) Political Economics: Explaining Economic Policy. Cambridge Mass: MIT Press. Congleton, R.D. and B. Swedenborg (2006) Democratic Constitutional Design and Public Policy. Cambridge Mass: MIT Press. | J-Stor Journals Public Choice Society FEC US Constitution / Constitutions Elections Market Gallup RDC1.Net | 
| . |  | . | 
| Dates | Lectures | Text Readings (See Syllabus for complete reading list) | 
| 9/3 | I. An Overview of Public Choice and
Theories of Governance | M: 1-2, 18; PT:  2, CS: 1 | 
| A.
Rational Choice and Democratic Governance | ||
| 9/10 | II. Elected Governments | M: 7; 
PT: 3; CS: 1 | 
| 9/17 | III. The Median Voter and Public Policy
    
               
      MVtr | M: ch 11, 13 ; PT: Ch 6, 12 | 
| 9/24 | IV. Democractic Cycles and Public Policy | M: 5; PT: 16 | 
| 10/01 | V.  Elections, Interest Groups,
and Public Policy | M: 20, PT: 4 | 
| 10/8 | First
Take Home Exam Distributed (pdf,
      rtf) | (link
to useful math notes) | 
| 10/8 | Lecture postponed / to be made up in December | |
| 10/15 | VI. How Efficient is Democracy? RDCppt | M: 6, 23;  PT: 9; CS: 6 | 
| B. Rational Choice, Interest Groups, and
Collective Action | ||
| 10/22 | VII. Classic Interest Group Models: Collective Action, Capture, and Rent Seeking |  | 
| 10/22 | First Take Home Exam Collected | |
| 10/29 | VIII. The Logic of Rent Seeking and Rent-Seeking Losses | M: 2, 19; PT:
14 | 
| 11/5 | IX. Regulation: Public Interests vs Rent-Seekers: Analysis and Evidence | M: 16,17; PT: 4; CS: 8 | 
| 11/12 | X.
International
Political Economy: Nations as Interest Groups | M: 22;  PT: 18; CS: 11 | 
| C. Rational Choice and Constitutional Design | ||
| 11/19 | XI. Foundations of CPE: Political
Institutions and Public
Policy | CS: 1-5 | 
| 11/19 | Second Take Home Exam Distributed ( pdf, rtf
) | |
| 11/26 | Thanksgiving
Break: No Class | Suggested Paper Topics | 
| 12/3 | XII. Political Institutions, Public Policy, and Economic Development | M: 22; PT: 14; CS: 10 | 
| 12/3 | Second Take Home Exam Collected | |
| 12/5
makeup lecture in Carrow Hall, 10:00 am | XIII. Constitutional Reform and Evolution: Gains to Trade in Divided Governments | CS: 12, 13, Perfecting Parliament | 
| 12/10 | XIV. Overview of Course and Introduction toVirginia Political Economy: | Virginia
Political Economy and JMB       GTs CPE | 
| 12/17 | FINAL PAPERS DUE AT CAROW HALL (E-mail Is Preferred) | |
| Course Grades :       10-15 page final
paper    30%  | ||