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EC343: Topics in Applied Economics (3b)

  • Victor Lavy

    Module Leader
  • Costas Cavounidis

    Module Lecturer
  • Sharun Mukand

    Module Lecturer
15 CATS - Department of Economics
Summer Module
Spring Module

Principal Aims

EC343-15 Topics in Applied Economics (3b)

Principal Learning Outcomes

Subject-specific and Professional Key General Skills:...demonstrate prowess in the following skills such as: Mathematical/Statistical skills: use/application of mathematics and diagrams in economic analysis; understanding of statistical analysis of data. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Subject-specific and Professional Key General Skills:...demonstrate prowess in the following skills such as: Written communication skills. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Subject Knowledge and Understanding:...demonstrate an advanced knowledge and understanding of: Economic Principles: Knowledge and understanding of core concepts and methods in micro and macroeconomics. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Subject Knowledge and Understanding:...demonstrate an advanced knowledge and understanding of: Applied Economics: Knowledge and understanding of standard economic models and quantitative techniques with application to contemporary problems arising in public policy and the private sector. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Subject Knowledge and Understanding:...demonstrate an advanced knowledge and understanding of: Economic information: a well-developed understanding of specific economic trends and patterns; analysis of particular problems and solutions in economic measurement. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Subject Knowledge and Understanding:...demonstrate an advanced knowledge and understanding of: Research issues: Familiarity with contemporary empirical debates and latest research in some specialized areas of economics. Evaluate how to approach an economic problem from the perspective of a contemporary researcher in economics. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Subject-specific and Professional Key General Skills:...demonstrate prowess in the following skills such as: Data skills: Use of library and internet as information sources. Knowledge of how to locate relevant data, extract appropriate data, analyse and present material in the most effective way. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Cognitive Skills:...demonstrate a well-developed capacity of: Analytical thinking, reasoning and application. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Cognitive Skills:...demonstrate a well-developed capacity of: Critical, creative and strategic thinking. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Cognitive Skills:...demonstrate a well-developed capacity of: Abstraction and Problem solving. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Cognitive Skills:...demonstrate a well-developed capacity of: Policy evaluation and the analysis of institutions. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and guided reading. The summative assessment methods that measure the achievement of this learning outcome are: Examination.

Syllabus

The syllabus each year will cover up to three topics selected from within the broad area of ‘Applied Economics’. The selection will be drawn from all sub-fields within the discipline, including labour, industrial, development, trade, behavioural, experimental, financial, public, health, education, history, environmental, ethics, philosophy, happiness, and auctions. This list will expand as reflecting staff interests. In years in which other first year 15 CATS optional modules do not run, one possibility will be to compress them into topics within this module.

In selecting topics, the main criteria will include:

(i) scope for the topic to provide a context in which, through application, students can begin to develop their understanding of key concepts in economics and econometrics,

(ii) importance of the topic within the general field of Economics,

(iii) policy relevance of the topic,

(iv) complementing topics covered elsewhere within the degree programmes.

Context

Optional Module
GL11 - Year 3, GL12 - Year 3, L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 3, V7ML - Year 3, V7MM - Year 4, LA99 - Year 3, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, L1L8 - Year 3, L1CA - Year 3, L1CB - Year 4
Pre or Co-requisites

EC201-30 Macroeconomics 2 AND EC202-30 Microeconomics 2 AND EC226-30 Econometrics 1 OR

EC204-30 Economics 2 AND EC203-30 Applied Econometrics OR

EC204-30 Economics 2 AND EC226-30 Econometrics 1

Summary:

Modules: (EC201-30 or EC202-30 or EC226-30) and (EC204-30 and EC203-30) and (EC204-30 and EC226-30)

Assessment

Assessment Method
In-person Examination (100%)
Coursework Details
In-person Examination (100%)
Exam Timing
Summer

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 ALL questions in Section A (50 marks in total) and ALL questions in Section B (50 marks in total).

Answer each whole question in a separate answer booklet.

Approved scientific (non-graphical) 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