POLITICAL ECONOMY-I
Course Description This course explores changes in the organisation of production, labour market institutions and corporate structure. It goes on to study the consequences of globalization, especially of financial flows, for the role of the state, economic performance, gender issues, environment, human welfare and development. Course Outline 1. Introduction and Historical Overview Perspective on political economy with a historical overview: capitalist development in the pre-second world war period, the ‗golden age‘ and later. 2. Changing Dynamics of Capitalist Production, Organisational Form and Labour Process Fordist and post-fordist production; changing dynamics of organisation of production, markets and labour process; the changing nature of job security and labour rights. 3. The State in the Era of Globalisation: Welfare, Development and Autonomy Globalisation and the limits of the welfare state, development and state autonomy. 4. The Changing Role of Finance The changin...