College Study Guides: Political Economy: An In-Depth Introduction to Political Economy

The purpose of this study guide is to serve as a supplement to a student in an introductory political economy course. It contains relevant concepts and an historical overview of the subject.

The following topics are covered:

Section One

Introduction
Overview of Political Economy

Section Two: Early Political Economy

Early Agriculture
Cities
Development of Currency
Feudalism
The Protestant Reformation
Centralized States
Mercantilism

Section Three: Industrial Revolution to Present

Liberalism
Free Trade
Utilitarianism
Rise of Classical Gold Standard
Say’s Law
Perfect Competition
Socialism
Marxism
Economic Nationalism
Collapse of Free Trade
World War I
Interwar Period
Keynesianism
The New Deal and World War II
American Dominance
End of American Dominance
Reagan Revolution

Section Four: Modern Political Economy

Unions
Fiscal Policy
Deficits
Debt
Politics of the Debt
Monetary Policy
International Monetary Policy
Trade
Regulation