Module overview
The module shows economic analysis at work in a number of areas of policy concern and develops simple and more advance models and empirical methodologies that help us both to understand central problems of economic policy analysis and evaluate alternative policy options.
Linked modules
Pre-requisite: ECON2001
Aims and Objectives
Learning Outcomes
Learning Outcomes
Having successfully completed this module you will be able to:
- Apply economic principles to devising appropriate policies for a range of economic problems
- Combine economic principles with economic data to inform policy decisions
- Undertake basic economic analysis valuable for students' dissertations at the end of their degree
- Analyse and interpret microeconomic data
- Demonstrate knowledge and understanding of various economic methodologies utilised in empirical work
Syllabus
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 labour, health, environmental and demographic economics, while incorporating the important component of data analysis and interpretation.
Learning and Teaching
Teaching and learning methods
Lectures, tutorials, and private study.
| Type | Hours |
|---|---|
| Independent Study | 126 |
| Teaching | 24 |
| Total study time | 150 |
Resources & Reading list
General Resources
Lecture notes provided during class; academic published articles on relevant topics.
Assessment
Assessment strategy
The final course grade is determined by:
A two hours end of semester exam (70%), assessing student's understanding of both the theoretical, empirical and practical aspects of economic analysis.
Two take-home problem sets are distributed during the semester (20%). Each count for 10% of the total mark.
Online quizzes are taking place during the semester (10%). This is accompanied by continuous formative assessment through problem sets.
Summative
This is how we’ll formally assess what you have learned in this module.
| Method | Percentage contribution |
|---|---|
| Quizzes | 10% |
| Problem sets | 10% |
| Exam | 70% |
| Problem sets | 10% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
| Method | Percentage contribution |
|---|---|
| Exam | 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.
| Method | Percentage contribution |
|---|---|
| Exam | 100% |
Repeat Information
Repeat type: Internal & External