Today political economy commonly refers to how economics, law, and political science influence political environments, political institutions, and the economic system influence each other. Today political economy is broken down into three subject areas: the role of government and resource distribution, the international political economy, which looks at the economic impact of international relations, and the economic models used in political processes. The traditional topics associated with political economy are economic regulation, monopolies, market production, and distributional politics. Coming more into focus today is how the economy affects elections. Later blog posts will look at how the economy affected presidential elections.
Citation: "Defining Political Economy." Defining Political Economy. N.p., n.d. Web. 15 Dec. 2013. <http://www.politicaleconomy.org/defining.htm>. Link:
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