311534 Microeconomics III (V) (WiSe 2026/2027)

The aim of this course is to provide students with a deep understanding of political economy and a solid command of the field’s main analytical tools. We will study how institutions shape collective decision-making and how societies aggregate conflicting preferences and dispersed information. The course covers topics ranging from foundational social choice theory to current research in political economy, including both empirical contributions and state-of the-art theoretical models.

Requirements for participation, required level

Microeconomics 1 (1a and 1b) and 2 (2a and 2b) are recommended.

Bibliography

Mas-Colell, A., Whinston, M.D., and Green, J. (1995). Microeconomic Theory, Oxford University Press.
Peleg, B. and Peters, H. (2010). Strategic Social Choice: Stable Representations of Constitutions. Studies in Social Choice and Welfare. Springer.
Persson, T. and Tabellini, G. (2002). Political Economics: Explaining Economic Policy. MIT press.