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Solvay Brussels School of Economics and Management: Political Economy

Institution Solvay Brussels School of Economics and Management
Department Economics and Management
Web http://www.solvay.edu
Study type Taught

Summary

This requires a deep understanding of the behavior of non-market agents (such as legislatures, government agencies, judicial institutions, NGOs and activist groups, the media), and their interactions with traditional market agents (companies and consumers). Political economy develops systematic frameworks for understanding such behaviors and interactions. A key asset of the political economy toolbox is that it allows for a deep understanding of the determinants of public policy effectiveness both at the macroeconomic and microeconomic levels. The focus on political economy reflects the view that evaluating and addressing global and local economic challenges also requires an understanding of the institutions and political settings in which such challenges arise. The program aims at providing students with a balanced and attractive mix of solid theoretical knowledge and exposure to hands-on practice through the inclusion of both faculty and experts in the respective fields.

By the end of this Advanced Master, you will be able to:

Gain a firm understanding of the incentives and behavior of economic (consumers, firms) and political agents (legislatures, government agencies, judicial institutions, NGOs, activist groups, the media) Explore the technological and political constraints that shape government interventions Cultivate a deep understanding of the reciprocal relationship between politics and markets Design better government regulations by the investigation of corporate stakeholders and their motivations Cultivate a professional network of trainers, experts, consultants and policy-makers within the academic and alumni community of both institutions.

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