Political economy asserts that economic processes do not take place in isolation from social and political processes. Political economy studies the dynamics of globalisation and the implications for national economic policy; the concentration of economic activity, wealth and opportunities; the trade-offs between health, education and equity; the free market arguments; environmental sustainability; the decline and development of regional economies; and debates over development and economic rights.

This degree is valuable for those trained in other disciplines - social and community work, economics, journalism - wanting to enhance their economic literacy and their critical engagement in economic debate.