ECON3007 Applied Microeconomics 3
Module Overview
The module shows microeconomic 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 microeconomic policy analysis and evaluate alternative policy options.
Aims and Objectives
Module Aims
The aim of the module is to examine the empirical application of microeconomic principles in the central areas of microeconomic policy. Discussing both the theory and application of important questions in labour, health, environmental and demographic economics, students will see the applicability of various methodologies in a number of different contexts. Furthermore, students will be introduced to the applied side of economic analysis during practical sessions in PC labs using popular statistical software (i.e. Stata). This structure combines the theoretical and applied part of economics and allows the students the opportunity to get some hands on experience in economic analysis.
Learning Outcomes
Learning Outcomes
Having successfully completed this module you will be able to:
- Apply microeconomic principles to devising appropriate policies for a range of economic problems
- Analyse and interpret microeconomic data
- Demonstrate knowledge and understanding of various economic methodologies utilized in empirical work
- Combine microeconomic principles with economic data to inform policy decisions
- Undertake basic economic analysis valuable for students’ dissertations at the end of their degree
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 |
|---|---|
| Teaching | 24 |
| Independent Study | 126 |
| Total study time | 150 |
Resources & Reading list
Lecture notes provided during class; academic published articles on relevant topics.
Assessment
Assessment Strategy
The final course grade is determined by: 2-hour final examination (80%), assessing student's understanding of both the theoretical,empirical and practical aspects of economic analysis. Two assignments/problem sets are distributed during the semester (20%). Each counts for 10% of the total mark.
Summative
| Method | Percentage contribution |
|---|---|
| Coursework | 20% |
| Exam (2 hours) | 80% |
Referral
| Method | Percentage contribution |
|---|---|
| Exam | 100% |
Repeat Information
Repeat type: Internal & External
Linked modules
Pre-requisite: ECON2001