Economic Perspective and Policy | ECON1004

Module overview

The core purposes of this course are:

(a) to understand, discuss, and evaluate economic policy on selected topics – e.g. pollution, progressive taxation, financial intermediation and the role of central banks, credit rationing and the use of behavioural nudges in pension savings;

(b) to familiarize you with the methodology and tools employed in investigating economic hypotheses empirically.

Linked modules

Prerequisites: (ECON1001 OR ECON1003) AND (ECON1002 OR ECON1007 OR STAT1003)

Aims and Objectives

Learning Outcomes

Having successfully completed this module you will be able to:

Demonstrate knowledge and understanding of how to use the basic analytical tools of applied economists
Demonstrate knowledge and understanding of how to structure and critique an economic argument using theoretical and empirical evidence

Syllabus

Our focus will be on issues in applied macroeconomics/microeconomics and policy.

Learning and Teaching

Teaching and learning methods

The module is divided into two parts, Part A and Part B, to separately deliver items (a) and (b) in the Module Overview.

Study time
Type	Hours
Independent Study	118
Tutorial	8
Teaching	12
Teaching	12
Total study time	150

Resources & Reading list

Textbooks

Parkin, M., M. Powell, and K. Matthews. Economics.

Assessment

Assessment strategy

The module is divided into 2 parts, Part A and Part B. Each part will be assessed by 2 pieces of coursework as well as participation in the module:

Coursework 1 is a group coursework and will count for 10% of the overall mark

Coursework 2 is an individual coursework and will count for 30% of the overall mark

Coursework 3 is a group coursework and will count for 10% of the overall mark

Coursework 4 is an individual coursework and will count for 30% of the overall mark.

Participation in class via e.g. online tests or discussions will count for 20% of the overall mark. There are no exams for this course; the course will be fully assessed by these pieces of

coursework and participation.

Summative

This is how we’ll formally assess what you have learned in this module.

Breakdown
Method	Percentage contribution
Coursework	10%
Class participation	20%
Coursework	10%
Coursework	30%
Coursework	30%

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Breakdown
Method	Percentage contribution
Coursework assignment(s)	100%

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.

Breakdown
Method	Percentage contribution
Coursework	100%

Repeat Information

Repeat type: Internal & External