Applied Economics

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• Statistical methods for the analysis of economic problems and economic policy
• Application of economic principles and economic reasoning to applied topics, including the analysis of economic policy

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• identify, select and access data sources and academic literature to develop empirical arguments
• communicate the results and conclusions of policy analysis in written form
• use quantitative reasoning and analyse and interpret data, using output from standard statistical software.

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• organise, analyse and interpret economic data in an informative manner
• combine economic principles with empirical data to derive policy recommendations

The module builds on the conceptual knowledge of policy issues covered in earlier microeconomics modules and introduces students to various empirical methodologies in a number of different fields, such as labour, health, environmental and demographic economics, while incorporating the important component of data analysis and interpretation.

Teaching and learning methods

Lectures, tutorials, and private study.

Resources & Reading list

General Resources

Lecture notes provided during class; academic published articles on relevant topics.

Assessment strategy

The final module mark is determined by:

An end of module exam (worth 70% of the final mark), assessing your understanding of the theoretical, empirical and practical aspects of economic analysis.

Two take-home problem sets during the semester (each worth 10% of the final mark).

Online quizzes are taking place during the semester (10%).

This is accompanied by continuous formative assessment in the form of problem sets. This is the same for internal repeat. Assessment for external repeat and referral is through 100% end of module examination.

Summative

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

Referral

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

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.

Repeat Information

Repeat type: Internal & External