APPLIED POLICY ANALYSIS - 2017/8

Module code: ECOM054

Module provider

Economics

Module Leader

OREFFICE S Prof (Economics)

Number of Credits

15

ECT Credits

7.5

Framework

FHEQ Level 7

JACs code

L110

Module cap (Maximum number of students)

N/A

Module Availability

Semester 2

Overall student workload

Assessment pattern

Assessment type Unit of assessment Weighting
School-timetabled exam/test IN-SEMESTER TEST - 1 HOUR 25
Examination EXAMINATION - 2 HOURS 75

Alternative Assessment

N/A

Prerequisites / Co-requisites

None

Module overview

A majority of the world’s population lives on less than $2/day. The module aims at improving students' understanding of poor’s' lives, the factors potentially correlated with poverty and why certain policies have proven more successful than others in reducing poverty. The course will focus on the economic and behavioral factors that influence individual and household decision making in poor countries, and how institutions can mitigate or exacerbate individual constraints.  We will study the role of human capital, credit and insurance markets. The module contains both theoretical and empirical components and will include the interpretation of estimates from econometric analysis, and possibly data analysis as coursework. 

Module aims

provide students with the microeconomic tools needed to analyse a range of relevant public policy issues

critically examine individuals' and governments’ behaviour in poor countries and the impact of related public policies, both from a theoretical and empirical perspective.

Learning outcomes

Attributes Developed
Apply economic principles to the analysis of public policy design and its economic and social responses KCT
Interpret relevant public policy data and empirical findings CPT
Assess appropriate policy responses for different labour market and social problems  PT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:

1) Poverty Measurement

      2) Nutrition and Health

3) Education

4) Fertility and family structure

5) Formal and informal insurance mechanisms for the poor

6) Microcredit and Financial Literacy

7) Political institutions and politicians

Methods of Teaching / Learning

The learning and teaching strategy is designed to:



enhance skills in analytical and critical thinking, and in written and verbal presentation


appreciate the complexities of policy decision making, weighing theory and practice



 

The learning and teaching methods include:

A series of eleven two-hour lectures/classes including in-class discussions (22 hours: 2 hours per week x 11 weeks).

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their appreciation of how microeconomic analysis can inform policy.

Thus, the summative assessment for this module consists of:



An in-semester test of 1 hour (25%). This will provide students with an assessment of their understanding of the core concepts and empirical patterns, indicated in the learning outcomes and module content. This is typically scheduled in week 7


Final examination of two hours scheduled in weeks 13-14.

 

Formative assessment and feedback

Students will receive verbal feedback during lectures through direct questioning.


After the class test, the test questions, solutions. Each student will receive their own script with comments on their performance. All this feedback will help students to judge their own performance and prepare for the final exam. In addition, students will be encouraged to attend office hours to receive further verbal feedback.


Reading list

Reading list for APPLIED POLICY ANALYSIS : http://aspire.surrey.ac.uk/modules/ecom054

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.