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Module

POL1131 : Studying Political Economy: Ideas, Theories and Skills

  • Offered for Year: 2020/21
  • Module Leader(s): Dr Judy Murray
  • Owning School: Geography, Politics & Sociology
  • Teaching Location: Newcastle City Campus
Semesters
Semester 1 Credit Value: 20
ECTS Credits: 10.0

Aims

The aims of this module are twofold:

1.       To introduce students to the study of Political Economy
2.       To highlight and develop the skills that students require for effective study and learning
Related to these aims, this module seeks to:
1.       Examine and discuss key thinkers, theories and ideas in Political Economy
2.       Develop students' knowledge and understanding of fundamental questions and arguments in Political Economy
3.       Make students aware of the skills that are required for effective study and provide opportunities for further skills development
4.       Provide students with a foundation in knowledge and skills from which they can go on to take further modules in Politics, Economics and Political Economy

Outline Of Syllabus

The module introduces students to the study of Political Economy as it examines the life, ideas and legacy of key political economists, as well introducing fundamental concepts relevant to Political Economy. The module also discusses more contemporary ideas related to Political Economy. The module focuses on developing key study skills, including time management, critical thinking, note taking, and finding appropriate literature.
Topics to be covered may include:
capitalism, mercantilism, neoliberalism, globalisation, austerity
Key political economists explored in this module may include:
Adam Smith, Karl Marx, John Maynard Keynes, Milton Friedman, Ludwig Von Mises, David Ricardo, Friedrich Hayek

Teaching Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

Teaching Activities
Category Activity Number Length Student Hours Comment
Structured Guided LearningLecture materials181:0018:00Recorded, non-synchronous
Structured Guided LearningAcademic skills activities93:0027:00Annotated readings; quizzes; guided questions/tasks based on reading and lecture content
Scheduled Learning And Teaching ActivitiesSmall group teaching91:009:00Synchronous
Guided Independent StudyIndependent study1137:00137:00N/A
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time91:009:00Synchronous feedback and Q and A with ML
Total200:00
Teaching Rationale And Relationship

The lectures will provide students with an introduction to the subject of Political Economy and an overview of the key thinkers, issues and debates in Political Economy. This will provide the basis for self-directed study and small group teaching.
Small group teaching provides a live synchronous environment in which students can explore and deepen their understanding of the issues raised in the lecture material and discuss essential readings relevant to the module. Small group teaching also provides the context in which students will develop many of the skills outcomes associated with this module.
The weekly synchronous feedback hour gives students the chance to interact with the ML, ask questions, clarify themes and receive feedback.
Structured, guided learning activities will allow students to check their understanding of the topics covered in lectures and small group teaching, foster a deeper understanding and reflection on the issues and debates in Political Economy, whilst simultaneously encouraging independent learning and effective time management.

Assessment Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

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

Other Assessment
Description Semester When Set Percentage Comment
Essay1M752000 word essay
Prob solv exercises1M251 exercise delivered online via Canvas x 8 for each student reflecting the stated skills and knowledge outcomes of this module
Assessment Rationale And Relationship

The problem solving and professional skills exercises foster engagement with the module through the duration of the semester and provide students with the necessary opportunities for skills acquisition, thereby enabling students to successfully continue their university studies.

The essay will be evaluative in nature, requiring students to engage with higher order learning by evaluating a particular economic theory as expressed in multiple sources, assessing the current economic situation in the UK and developing recommendations for adoption of said economic theory in the UK. The essay is intended to be flexible in style, allowing students to access a variety of material, including websites, texts and blogs, beyond the traditional reading list.

Reading Lists

Timetable