The Politics of Economics and the Economics of Politicians (FutureLearn)

Find out about the links between politicians and economics

You will study both contemporary economics – for example exploring responses to the financial crisis of 2008 – and some of the political leaders who have put key economic theories into practice throughout history.

These are political figures from around the world who have changed economic history, including Alexander Hamilton, Sir Robert Peel, the Mejii Emperor, FD Roosevelt, Margaret Thatcher and Deng Xiaoping. The economic policies and practices of these former leaders are still having an impact on our world today.

Learn from experts in the field

The course is led by Sir Vince Cable, former Secretary of State for Business, Innovation and Skills (2010-2015) and Honorary Professor of Economics at the University of Nottingham. His experience combines the theoretical knowledge of a trained economist with practical experience gained in government.

You will also learn from leading economists at the University of Nottingham, including Head of School Professor Kevin Lee and Professor of Political Economy Cecilia Testa.

Syllabus

Week 1: Introduction, Alexander Hamilton, and Sir Robert Peel

Week 2: The Meiji Emperor, President Franklin D Roosevelt, and Ludwig Erhard

Week 3: Margaret Thatcher, Deng Xiaoping, and Conclusions

What will you achieve?

- Investigate policy making in an historical context

- Apply economic tools to policy relevant questions

- Discuss the relationship between politics and economics

- Identify and use assets (images, video, quizzes etc.) within learning resources

- Develop analytical skills

- Develop an understanding of how economic theory guides policy choices