ECO1018 : Economic Applications
- Offered for Year: 2017/18
- Module Leader(s): Dr Melanie Parravano Baro
- Demonstrator: Mr Eduardo Gonzalo Almorox
- Lecturer: Dr Nils Braakmann
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
|Semester 1 Credit Value:||10|
|Semester 2 Credit Value:||10|
To develop an understanding of the main economic issues of current concern in the UK, how economists approach them, and what options policy makers have to deal with them.
To deepen the understanding of economic theories by applying them to questions of current interest.
To develop an understanding of the current situation and historic development of the British Economy.
Outline Of Syllabus
Applications of economic theories with an emphasis on rational choice and with a preference for topics of current economic/political relevance. The course also contains an introduction to professional ethics in economics, both in terms of research ethics as well as ethical behaviour when giving policy advice etc. Topics for the applications will be drawn from various subfields such as:
• Demographic Change and fertility
• Labour Markets & Human Capital, education
• Industrial Structure, Productivity and Trade
• Competition and Control
• Globalisation; inward and outward UK foreign direct investment
• Nationalisation, Privatisation and Regulation
• Taxation, Government Spending and Borrowing
• The Welfare State and Redistribution Policy
|Guided Independent Study||Assessment preparation and completion||2||32:00||64:00||2 essays|
|Scheduled Learning And Teaching Activities||Lecture||28||1:00||28:00||N/A|
|Guided Independent Study||Directed research and reading||1||50:00||50:00||N/A|
|Scheduled Learning And Teaching Activities||Small group teaching||8||1:00||8:00||N/A|
|Guided Independent Study||Independent study||1||50:00||50:00||Ongoing preparation and revision|
Jointly Taught With
|ECO1005||Economic Applications and Data Analysis|
Teaching Rationale And Relationship
Lectures are intended to provide a broad overview of the main features of the British economy and the economic changes which have occurred in recent decades. They will also be used to demonstrate how to approach applied problems using economic theory. Seminars allow students to apply these techniques thus practising their problem-solving and analytical skills.
The format of resits will be determined by the Board of Examiners
|Essay||1||M||25||2000 word essay|
|Essay||2||M||25||2000 word essay|
Assessment Rationale And Relationship
Essay to test ability to communicate economics and to make coherent arguments.
Exam to test breadth and depth of understanding under pressure.
Exams in both semesters to motivate students through entire year