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Module

ECO2015 : Applied Economics

  • Offered for Year: 2021/22
  • Module Leader(s): Dr Smriti Sharma
  • Demonstrator: Dr Brian Varian, Dr Ian Corrick, Dr Riikka Savolainen
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters
Semester 1 Credit Value: 5
Semester 2 Credit Value: 5
ECTS Credits: 5.0

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.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion130:0030:00N/A
Scheduled Learning And Teaching ActivitiesLecture51:005:00N/A
Scheduled Learning And Teaching ActivitiesPractical11:001:00Library skills session
Guided Independent StudyDirected research and reading130:0030:00N/A
Scheduled Learning And Teaching ActivitiesDrop-in/surgery21:002:00Q&A with students
Guided Independent StudyStudent-led group activity130:0030:00N/A
Scheduled Learning And Teaching ActivitiesDissertation/project related supervision21:002:00Group supervision meetings
Total100:00
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 two 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.

This is consistent with previous years where 10 hours contact time is offered to students (see 2019-20, 2020-21 MOFs). The teaching and supervision on this 10-credit module happens only in semester 1. In semester 2, students work on the group reports based on the feedback on presentations in semester 1.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Prof skill assessmnt1M30Group Oral Presentation - 20 minutes
Report2M70Group Report (4000 words)
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MQuiz 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.

Reading Lists

Timetable