ECO2015 : Applied Economics
ECO2015 : Applied Economics
- Offered for Year: 2024/25
- Module Leader(s): Dr Ian Corrick
- Lecturer: Dr Tom Lane, Dr Chris Walsh, Dr Matt Walker
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 5 |
| Semester 2 Credit Value: | 5 |
| ECTS Credits: | 5.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
| Code | Title |
|---|---|
| ECO1100 | Economic Analysis |
Pre Requisite Comment
For incoming study abroad and exchange students:
Students require knowledge of introductory microeconomics, macroeconomics and statistics, as would be typical of the first-year of an Economics 'major' degree programme and similar to the content of the Newcastle modules ECO1100 and ECO1007
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
• To develop research skills by applying economics to analyse topical economic issues
• To develop academic writing skills
• To develop oral presentation skills
• To develop ability to work in teams
• To develop independent thinking and problem-solving skills
Outline Of Syllabus
This module takes the form of a small-group project on a given applied economics topic. Teaching is structured to support independent research and learning, and to teach transferable skills. The students receive taught sessions covering: how to read academic literature including journal articles, conducting online literature and data search, report writing in economics, delivering oral group presentations, and group work skills. A library skills session is also offered by the library team. Each group receives two scheduled supervisions from a dedicated supervisor.
Learning Outcomes
Intended Knowledge Outcomes
On successful completion of the module, it is expected that students will have:
• In-depth knowledge of the economic aspects of a current topic
• An appreciation of how economics can be applied to analyse real world issues
• Understanding of how to work in small groups to analyse a topic and deliver an oral presentation and report
Intended Skill Outcomes
On successful completion of the module, it is expected that students will be able to:
• Analyse current economic issues by applying key micro/macroeconomic concepts
• Examine academic and policy literature
• Identify appropriate data sources
• Communicate findings orally and in written format using discipline-specific language
• Work as part of a team to critically evaluate a topic and deliver an oral presentation and written report
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 5 | 1:00 | 5:00 | PIP |
| Guided Independent Study | Assessment preparation and completion | 1 | 30:00 | 30:00 | N/A |
| Scheduled Learning And Teaching Activities | Practical | 1 | 1:00 | 1:00 | Library skills session (PIP) |
| Guided Independent Study | Directed research and reading | 1 | 30:00 | 30:00 | N/A |
| Guided Independent Study | Student-led group activity | 1 | 29:00 | 29:00 | N/A |
| Scheduled Learning And Teaching Activities | Drop-in/surgery | 2 | 1:00 | 2:00 | N/A |
| Scheduled Learning And Teaching Activities | Dissertation/project related supervision | 3 | 1:00 | 3:00 | Group supervision meetings (PIP) |
| Total | 100:00 |
Teaching Rationale And Relationship
The 5 lectures are intended to aid the students to learn research and academic reading skills, group working, academic report writing and presentation skills. The practical session is on library skills. The supervision sessions allow students to discuss their research topics and progress with their allocated supervisor. Finally, there are 2 hours of drop-in sessions for Q&A with module leader.
In previous years 10 hours contact time was offered to students (see 2019-22 MOFs). This has been increased to 11 hours in 23-24 with the addition of a group supervision in semester 2 (to support the report writing).
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Prof skill assessmnt | 1 | M | 30 | Group Oral Presentation - 20 minutes |
| Report | 2 | M | 70 | Group Report (4000 words) |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | Quiz during the lecture on a paper that students do as pre-work. Answers provided in class. |
Assessment Rationale And Relationship
All assessment components assess the students’ knowledge and understanding of the given applied economic issue. Each component assesses the students’ ability to apply economic reasoning, conduct literature reviews and to work as a team. Further, each component examines a specific skill: planning and presenting and report writing.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO2015's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- ECO2015's past Exam Papers
General Notes
N/A
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The information contained within the Module Catalogue relates to the 2024 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.