Economics Issues: Theory and Practice

Module description

Summary:

The module is designed to provide you with an up-to-date understanding of some of the leading economic issues of the day. In particular, it aims to bring the core economic principles to an assessment of pressing current policy issues and to provide you with the opportunity to study particular economic problems in far more detail than elsewhere in the degree programme. The content of the module might vary depending on current policy debates.

Additional Information:

 Internationalisation

This module covers theory and practical aspects of economics to help students acquire technical skills that are applicable across a wide range of economic issues.

External Engagement

There may be guest speakers. Previous guest speakers have included members of the Monetary Policy Committee at the Bank of England and the International Monetary Fund.

Employability

Students develop their technical, analytical and discursive skills, as well as their understanding of monetary policies, business cycles, information economics and market design by engaging with high-end research in the field.

Sustainability

All of the resources for this module are accessible on the ELE (Exeter Learning Environment).

Full module specification

Module title:Economics Issues: Theory and Practice
Module code:BEE3060
Module level:3
Academic year:2016/7
Module lecturers:
  • Professor Todd Kaplan - Convenor
  • Professor Christos Kotsogiannis - Lecturer
Module credit:15
ECTS value:

7.5

Pre-requisites:

BEE2025 and BEE2026

Co-requisites:

None

Duration of module: Duration (weeks) - term 2:

11

Module aims

The module is designed to provide students with an up to date understanding of some of the leading economic issues of the day. In particular, the module aims to bring the core economic principles to an assessment of pressing current policy issues and to provide students with the opportunity to study particular economic problems in far more detail than elsewhere in the degree program. The content of the module will vary.

ILO: Module-specific skills

  • 1. demonstrate how to apply economic principles to a wide range of real world problems
  • 2. demonstrate how to apply economic reasoning to policy issues in a critical manner
  • 3. demonstrate knowledge in an appropriate number of specialised areas in economics, as well as an appreciation of the research literature in these areas

ILO: Discipline-specific skills

  • 4. understand the economic basis behind current policy debates
  • 5. critically assess different policy proposals

ILO: Personal and key skills

  • 6. deliver coherent argument in written work, including coherent arguments for complex and often emotive policy and social issues
  • 7. demonstrate analytical and critical thinking;

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
251250

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning & Teaching activities 20Lectures
Scheduled Learning and Teaching activities5Tutorials

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Exercises to be discussed during tutorialsBi-weekly tutorial sheets1-7Discussions in tutorials plus solution guidelines to be posted on ELE

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
20800

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Examination802 hours1-7Answers posted online
Assignments202 sets of problems1-7Answers poseted online - feedback on the assignments
0
0
0
0
0

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Examination and AssignmentsExamination (2 hours) 100%1-7August Examination Period

Syllabus plan

  • Market design: Matching markets;
  • Contests and lotteries as ;Allocation mechanisms;
  • Drafts as allocation mechanisms;
  • Tax evasion (why do we care, how to combat it, and how to measure it?);
  • Decentralisation of policy decision-making (why, and how to, decentralise? Is the EU fiscal/political architecture fit for purpose, or substantial reforms are needed?)

Indicative learning resources - Basic reading

Basic reading:

The course materials will primarily rely on class notes, notes posted on the web, and handouts. Class notes will be available on the web. More details will be provided at the start of the module.

ELE – http://vle.exeter.ac.uk/course/view.php?id=182

Module has an active ELE page?

Yes

Origin date

01/04/2015

Last revision date

19/08/2016