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This series explores the major theoretical perspectives on how economies produce, distribute, and exchange value, and why these processes are deeply significant for political life. Students will examine classical, Marxist, and contemporary economic theories to understand how wealth is created, how resources are allocated across society, and how exchange systems shape power relations between individuals, classes, and states. It provides a critical theoretical foundation for analyzing economic organization and its political consequences.
This lecture is part of POL204 Foundation of Political Economy in the Political Science department. The course has 24 recorded lectures across 10 series, all free to watch. Read or download the POL204 lecture note to study alongside the video.