Research in the Department of Political Economy focusses on fundamental questions about the human condition at the local, national and international scale. We recognise that understanding and evaluating the ability of states, markets and communities to address social problems requires a pluralistic approach, open to insights from different disciplines, theories and research methods.
Our faculty publish in top ranking journals across the nexus of politics, philosophy and economics. In doing so, they draw on insights from game theory, rational choice theory, neo-classical economics, new institutionalism, historical institutionalism, behavioural economics and heterodox approaches to political economy. They also employ a range of methodologies including econometrics, case studies, historical and textual analysis, normative theory and policy evaluation.
Our research is organised into six groups which reflect the diversity of interests and approaches in the department:
We have an open and inclusive research culture which stimulates conversation between contesting theories, approaches and ideologies, and which brings together faculty and graduate students in a collaborative and supportive atmosphere. This culture is exemplified by the contributions to our weekly seminar series and our annual Political Economy Research Symposium – see details here.
We are eager to develop collaborative research links with international scholars who share our pluralistic and interdisciplinary vision. To this end our Visiting Professor programme has included appointments to Professor Yanis Varoufakis, Professor Hilton Root, and Professor David Schmidtz.
Much of our work has a public policy angle and members of the department are regularly involved in conversations with the media and the policy-making community to communicate the policy relevance of their research.