Module Descriptors
ECONOMIC POLICY
XXSE60019
Key Facts
Faculty of Business, Education and Law
Level 6
30 credits
Hours of Study
Scheduled Learning and Teaching Activities: 60
Independent Study Hours: 240
Total Learning Hours: 300
Assessment
- GROUP PRESENTATION weighted at 10%
- GROUP PRESENTATION weighted at 10%
- ASSIGNMENT weighted at 10%
- ASSIGNMENT weighted at 10%
- CLASS-TEST weighted at 30%
- EXAMINATION - UNSEEN IN EXAMINATION CONDITIONS weighted at 30%
Module Details
Module Additional Assessment Details
One presentation and one individual piece of written work (1000 words) in each semester, 40% (Tests Learning Outcomes 1, 4 and 6)
Two one hour class test/exam at the end of each learning block, 60% (Tests Learning Outcomes 1, 2, 3, 5 and 7)
Two one hour class test/exam at the end of each learning block, 60% (Tests Learning Outcomes 1, 2, 3, 5 and 7)
Module Indicative Content
The module aims to build on the analytical tools developed in the Business Economics module and extend the analysis to a number of economic policy areas. The behaviour of firms is analysed through theories such as agency theory, transaction costs and asymmetric information. A number of policy issues such as the regulation of natural monopolies, deregulation, and the comparative performance of public and private ownership will be analysed.
The module will also use the tools of economic analysis to examine policy issues in the area of macroeconomics and the international economy. The applications will cover areas such as current monetary policy, debates concerning taxation and government spending and the macroeconomic implications of closer European integration.
The module will also use the tools of economic analysis to examine policy issues in the area of macroeconomics and the international economy. The applications will cover areas such as current monetary policy, debates concerning taxation and government spending and the macroeconomic implications of closer European integration.
Module Learning Strategies
The learning strategy for the module requires students to commit 300 learning hours (including assessment) of this there will be 60 hours of class support and 240 hours of independent and self directed study. Support will also be given by access to Scheduled Tutor Office Hours to support the module.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.
36 hours of formal lectures/large group activity
24 hours of tutorials
Students will be expected to work on pre-assigned questions including group work with presentation of the results to the class, allowing for formative feedback. These questions will extend the material introduced in lectures and will be part of students' independent learning. Each group of students will be expected to make one presentation in each learning block.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.
36 hours of formal lectures/large group activity
24 hours of tutorials
Students will be expected to work on pre-assigned questions including group work with presentation of the results to the class, allowing for formative feedback. These questions will extend the material introduced in lectures and will be part of students' independent learning. Each group of students will be expected to make one presentation in each learning block.
Module Resources
The Library
The internet
The internet
Module Special Admissions Requirements
Have studied Business Economics or equivalent.
Module Texts
Dornbusch R, Fischer S and Startz R. (2001), Macroeconomics, McGraw-Hill
Griffiths A & Wall S, (2004), Applied Economics, 10th ed, Prentice Hill
Rickets, M (2002), The Economics of Business Enterprise, 3rd ed., Cheltenham: Edward Elgar
Griffiths A & Wall S, (2004), Applied Economics, 10th ed, Prentice Hill
Rickets, M (2002), The Economics of Business Enterprise, 3rd ed., Cheltenham: Edward Elgar