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EC304: Making of Economic Policy

  • Isleide Zissimos

    Module Leader
  • Amrita Kulka

    Module Lecturer
  • Benjamin Richardson

    Module Lecturer
30 CATS - Department of Economics
Summer Module
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

:... 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


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.


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


Assessment Method
Coursework (100%)
Coursework Details
Assessment 1: 1500 word policy case study (35%) , Assessment 2: 2500 word essay (65%)
Exam Timing

Exam Rubric

Time Allowed: 2 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 TWO questions (100 marks each). ONE question must be chosen from Economics and ONE question must be chosen from 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