This graduate seminar examines how economic performance affects politics as well as how variation in political institutions and patterns of political behavior shapes economic outcomes. The analysis of the multifaceted relationships between governments, markets, institutions, and society, the course aims to develop a nuanced comprehension of how political and economic decisions intersect. By focusing on real-world cases and historical contexts, the students will gain insights into the forces that drive economic policies, distribution of resources, and societal outcomes. The course touches on several central topics, concepts, and questions in the field of political economy such as the relationship between institutions and development, regime types and their deficiencies, and preferences and policy making are discussed in detail. Readings are chosen not only to represent important themes in political economy but also to showcase works on different regions and countries using diverse methodologies. While there are no prerequisites to this course, students will encounter and will have to learn fundamental concepts in economics and other related fields.