ECON 401 Collective Choice

This course introduces to students major formal approaches in rational choice theory, focusing on collective choice theory. Students will investigate the properties of processes for gathering individual preferences into social preference or into a clear criterion for collective choice by a society. Students will also examine collective choice through voting.

Learning Outcomes:

  • Learn about the Collective Choice Rule.
  • Understand the political economy of democratic countries.
  • Examine political institutions from a rational choice perspective.
  • Analyze rational choice literature on legislatures, bureaucracies, courts, and elections constitute the chief focus.
  • Study institutions from a comparative and/or international perspective.
  • Learn about the underlying general assumptions of majoritarian decision making.