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EC304: Making of Economic Policy

  • Clement Imbert

    Module Leader
  • John Morris

    Module Lecturer
  • Lucie Gadenne

    Module Lecturer
30 CATS - Department of Economics
Spring Module
Autumn Module

Principal Aims

The module examines problems of international economic coordination and policy and macro and micro problems of British and international economics and policymaking.

Principal Learning Outcomes

By the end of the module the student should be able to have an understanding of the differences and complementarities in economic and political modes of analysis; develop a critical understanding of debates about the impacts of policies and policies on economic performance; assess the impact of globalisation on the autonomy of national economic policy and acquire knowledge and analytical skills relevant to careers in government, the media, the financial services sector, business associations and industry

Syllabus

In no set order, topics have included: theories of the policy making process, theory and empirics of market failure; public choice theories; issues of international political economy and globalisation; bureaucracy and the “core” executive in Britain; the development of governments’ economic policies in recent decades, including the economics and politics of inflation, unemployment, and migration, the welfare state and economic performance, income distribution, corruption, public finance, and regional and global governance.

Context

Core Module
LM1D (LLD2) - Year 3, LM1H - Year 4
Optional Module
V7ML - Year 3, V7MM - Year 3, V7MP - Year 3, V7MR - Year 3
Pre or Co-requisites
A Politics 200-coded Political Theory module AND EC204
Part-year Availability for Visiting Students
Not available on a part-year basis

Assessment

Assessment Method
Coursework (30%) + 3 hour examination (Summer) (70%)
Coursework Details
2000 word policy case study (30%), 3 hour examination (Summer) (70%)
Exam Timing
Summer

Exam Rubric

Time Allowed: 3 Hours

Read all instructions carefully- and read through the entire paper at least once before you start entering your answers.

There are TWO Sections in this paper. Answer THREE questions ( 100 marks each). At least ONE question must be chosen from Economics and at least ONE question must be chosen from Politics. The THIRD question can be drawn from EITHER Economics or Politics.

Approved pocket calculators are allowed.

You should not submit answers to more than the required number of questions. If you do, we will mark the questions in the order that they appear, up to the required number of questions in each section.

Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.

Reading Lists