ECO1018 : Economic Applications (Inactive)
- Inactive for Year: 2024/25
- Module Leader(s): Dr Melanie Parravano Baro
- Lecturer: Dr Bahadir Dursun
- 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 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
| 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 |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 24 | 1:00 | 24:00 | PiP. Alternative delivery method: use timetabled slot to release non-synchronous online lecture. |
| Guided Independent Study | Assessment preparation and completion | 1 | 64:00 | 64:00 | Prep & completion of 2000 Words Essay & end of year assessment |
| Guided Independent Study | Directed research and reading | 1 | 66:00 | 66:00 | Approx. 3 hours per teaching week. |
| Structured Guided Learning | Academic skills activities | 1 | 4:00 | 4:00 | Staff developed activities (online non-sync). Distributed across S1-S2 teaching weeks |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | PiP seminars. Alternative delivery method: online synchronous at timetabled slots. |
| Guided Independent Study | Skills practice | 1 | 12:00 | 12:00 | Problem sets |
| Scheduled Learning And Teaching Activities | Workshops | 2 | 1:00 | 2:00 | PiP whole cohort (both in S2). Alternative delivery method: online synchronous at timetabled slots. |
| Guided Independent Study | Independent study | 1 | 22:00 | 22:00 | N/A |
| Total | 200:00 |
Jointly Taught With
| Code | Title |
|---|---|
| ECO1003 | Topics in Applied Economics |
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 | 2 | A | 70 | Invigilated exam. Alternative Online Assessment should this be required: 24 hours take-home exam. |
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Essay | 2 | M | 30 | 2000 word essay |
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 |
| Prob solv exercises | 2 | M | Seminar questions provided |
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.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO1018's Timetable