ECO1003 : Topics in Applied Economics (Inactive)
- Inactive for Year: 2025/26
- Available to incoming Study Abroad and Exchange students
- Module Leader(s): Dr Melanie Parravano Baro
- 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: | 10 |
| ECTS Credits: | 5.0 |
| European Credit Transfer System | |
Aims
To develop in students an appreciation of the usefulness of basic economic principles in a variety of applied contexts.
To deepen students’ understanding of economic theories by applying them to questions of current interest.
To develop in students an understanding of current economic issues, how economists approach them, and what options policy makers have to deal with them.
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
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 30:00 | 30:00 | Preparation and completion of January assessment |
| Scheduled Learning And Teaching Activities | Lecture | 12 | 1:00 | 12:00 | PiP. Alternative delivery method: use timetabled slot to release non-synchronous online lecture. |
| Guided Independent Study | Directed research and reading | 1 | 33:00 | 33:00 | Approximately 3 hours per week |
| Structured Guided Learning | Academic skills activities | 12 | 0:10 | 2:00 | 2 SL hours of online staff developed post-lecture activities. |
| Guided Independent Study | Skills practice | 1 | 6:00 | 6:00 | Problem sets |
| Scheduled Learning And Teaching Activities | Small group teaching | 3 | 1:00 | 3:00 | PiP seminars. Alternative delivery method: online synchronous at timetabled slots. |
| Scheduled Learning And Teaching Activities | Workshops | 1 | 1:00 | 1:00 | PiP. Revision session, whole cohort. Alternative delivery method: online sync at timetabled slot. |
| Guided Independent Study | Independent study | 1 | 13:00 | 13:00 | N/A |
| Total | 100:00 |
Jointly Taught With
| Code | Title |
|---|---|
| ECO1018 | Economic Applications |
Teaching Rationale And Relationship
Lectures are intended to provide a broad overview of the main features of the topics. 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.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 90 | 1 | A | 100 | Invigilated exam. If not possible then 24 hours take-home online exam. |
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 | Seminar questions provided |
Assessment Rationale And Relationship
Exam to test breadth and depth of understanding under pressure and ability to communicate economics.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO1003's Timetable