CONTEMPORARY ISSUES IN ECONOMICS - 2017/8

Module code: ECO1016

Module provider

Economics

Module Leader

FLORES SANDOVAL M Dr (Economics)

Number of Credits

15

ECT Credits

7.5

Framework

FHEQ Level 4

JACs code

L100

Module cap (Maximum number of students)

N/A

Module Availability

Semester 1

Overall student workload

Independent Study Hours: 123

Lecture Hours: 22

Tutorial Hours: 5

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework COURSEWORK - VIDEO ASSESSMENT (GROUP WORK) 30%
Examination 2 HOUR EXAMINATION 70%

Alternative Assessment

Coursework - written individual assessment, 1,000 word limit

Prerequisites / Co-requisites

All modules compulsory in Level 4 Economics programmes.

Module overview

To provide an applied view of introductory micro and macro-economics which will complement ECO1014 Introductory Economics.  To allow students to begin to utilise transferable research, discussion and team-working skills.

Module aims

illustrate how micro and macro economic principles can be applied to issues of contemporary importance for Europe and the UK as part of the global economy.  To consider key themes of efficiency, equity, scarcity and well-being.

Learning outcomes

Attributes Developed
Appreciate how introductory economic analysis can illuminate issues of policy importance
Understand how theory and empirical evidence is required to resolve real world economic problems K
Have researched and presented (orally and in writing) analysis and arguments applying economic principles to issues of current policy concern T
Be able to understand journalistic discussions of the topics we have covered CT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:


The financial crisis
European integration and the sovereign debt crisis
UK public debt
Public policy in the UK: education; health and inequality.


Topics will be frequently revised to provide an up to date perspective.

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

Provide a presentation of some of the key issues facing the British and European economies.  Give students experience of reading about current debates.  Allow students to learn from colleagues in discussion.

The learning and teaching methods include:


11 x 2 hour lectures
5  x 1 hour tutorials.  Discussion groups will be structured so that students take responsibility for leading the discussion on particular questions.
1 library skills session lead by librarian

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their ability to research and formulate arguments on current economic issues.

Thus, the summative assessment for this module consists of:



Coursework: students will work in groups towards a video in which they will have to explain a contemporary economic issue based on topics provided by the module leaders. The group video should be between 2 min 30 second and 3 minutes.Assessment will be set in week 5 and due in week 9.


2-hour exam with two compulsory parts: A with 2 questions based on article reading; and B with two questions based on lectures’ topics.



Alternative Assessment (individual coursework): Answer 2 questions based on articles (related to the lectures’ topics) provided by the module leaders. 1000 word limit. This alternative assessment is for resitting students or for students with extenuating circumstances whose assessment will be at a later date. 

Formative assessment and feedback

Formative assessment will be in part be achieved through the tutorial discussions where individual research and opinions will be scrutinised by the tutorial leader and other students.

Students will receive feedback  on coursework 1 which be aimed at helping to improve their performance in the exam.

Reading list

Reading list for CONTEMPORARY ISSUES IN ECONOMICS : http://aspire.surrey.ac.uk/modules/eco1016

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.