POLITICAL ECONOMY (Div. II)
Chair, Associate Professor JAMES E. MAHON, JR. (First Semester)
Assistant Professor: CATHY M. JOHNSON (Second Semester)
Advisory Committee: Professors: MACDONALD, A. WILLINGHAM, WINSTON*. Associate Professor: MAHON***. Assistant Professors: GOLLIN, C. JOHNSON, SIEGLER.
The Political Economy major is designed to give students a grasp of the ways in which political and economic forces interact in the shaping of public policy. The major includes substantial study of the central analytical approaches in both political science and economics and seeks to surmount the sometimes artificial barriers of specialization that may characterize either discipline taken by itself. In the junior and senior years a conscious merging of the approaches in the two fields is undertaken in the three required Political Economy courses. These courses are designed and taught jointly by political scientists and economists. Political Economy 301 examines major writings in political economy and analyzes economic liberalism and critiques of economic liberalism in the context of current policy issues. Political Economy 401 examines interactions of political and economic forces in contemporary international affairs. Political Economy 402 examines such interactions in selected current public policy issues. Background for these senior courses is acquired through a course in international economics and courses in domestic and international/comparative politics and policy.
Students in Political Economy 402 visit Washington, D.C. Sunday night through Wednesday of the first week of spring vacation to conduct interviews relating to their Political Economy 402 group projects. This is a course requirement.
Economics 101 Introduction to Economics
Political Science 110 Power, Politics, and Democracy in America
or Political Science 130 Politics and Freedom
Political Science 120 World Politics: An Introduction to International
or Political Science 140 Other People's Politics: The Powers of Nationalism
Economics 215 The World Economy
or Economics 358 International Economics
or Economics 360 International Monetary Economics
(Note that Economics 215 satisfies the Economics department requirement for a 200-level economics course before taking Economics 251 and Economics 252.)
Economics 251 Price and Allocation Theory
Economics 252 Macroeconomics
Political Science 206 Empirical Political Science (Deleted 1997-98)
or Economics 253 Empirical Economic Methods
or Economics 255 Econometrics
Political Economy/Economics 301/Political Science 333 Analytical Views of Political Economy
Political Science 316 Public Policymaking in the U.S.
or Political Science 208 Politics of Family Policy
or Political Science 209 Poverty in America
or Political Science 214 Congressional Politics Today
or Political Science 218 Presidential Politics
or Political Science 308 Environmental Policy
Political Science 322 International Law and Organization
or Political Science 345 Comparative Modes of Capitalism
or Political Science 226 International Environmental Politics
or Political Science 227 Ethics and Interests in Foreign Policy
or Political Science 329 Refugees and Humanitarian Crises
or Political Science 241 Political Economy of East Asia
Political Economy 401 Politics of the International Economy
Political Economy 402 Political Economy of Public Policy Issues
THE DEGREE WITH HONORS IN POLITICAL ECONOMY
Due to the special demands of this interdisciplinary major, the only route to Honors in Political Economy is the thesis. Seniors may pursue the honors thesis course (Political Economy 493-W031) during the fall semester and Winter Study period. The third course contributing to such an honors program would normally be an elective in Political Science, Economics, or Political Economy, taken during the junior year. This course, which may be one of the required electives, must be closely related, indeed must prepare the ground for the honors thesis.
Juniors in the Political Economy major with at least a 3.33 G.P.A. in the program may apply for the honors thesis program by means of a written proposal submitted to the Chair before spring registration. Written guidelines for such proposals are available in the Chair's office. The proposal should have been discussed with at least two faculty members, and at least one faculty advisor from each discipline should be solicited by the student prior to submission of the proposal.
Final decisions about admission to the honors program will be made in early summer, when spring grades become available.
To achieve the degree with honors in Political Economy, the thesis must be completed by the end of Winter Study period and be judged of honors quality by a committee consisting of the two advisors and a third reader. A thesis judged to be of particular distinction will qualify its author for the degree with highest honors.
COURSE NUMBERING SYSTEM
The numbering system for courses offered and required in Political Economy is identical to the system outlined in the Williams College Bulletin (Catalog) except that first-year students who have passed Economics 101 may enroll in a 201- to 240-level economics course, to accelerate completion of the introductory courses required in the Program.