Module Descriptors
ECONOMIC POLICY
XXSE60085
Key Facts
Faculty of Business, Education and Law
Level 6
30 credits
Contact
Leader: Mehtap Hisarciklilar-Riegler
Hours of Study
Scheduled Learning and Teaching Activities: 60
Independent Study Hours: 240
Total Learning Hours: 300
Assessment
  • ASSIGNMENT weighted at 50%
  • ASSIGNMENT - SECOND ASSIGNMENT weighted at 50%
Module Details
Module Resources
The Library
The internet
Module Special Admissions Requirements
Have studied Business Economics or equivalent.
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.
Module Additional Assessment Details
One piece of individual project work on a chosen micro/macro policy theme in each semester, each weighted at 50% and assessing all Learning Outcomes. Each will consist of 2500 words.
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.
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