Module manager: Andrew Mearman
Email: A.J.Mearman@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2022/23
LUBS1940 Economics for Management OR LUBS1951 Economic Theory and Applications OR LUBS1952 Economic Theory and Applications for Finance
This module is approved as a discovery module
The module prepares you for employment as a professional policy economist. Building on your knowledge gained in your study of economics you will be given the opportunity to apply that knowledge to practical economic policy issues. You will be given an opportunity to practise assessments essential for those seeking a career as a policy economist. You will gain an insight into the practical aspects of policy decision making.
This module explores the practical aspects of working as a professional practitioner policy economist. Pluralist economic theories are examined in the context of the economic and political environment. In particular market failure will be evaluated alongside government failure. Tools such as cost-benefit analysis will be applied to practical problems.
Upon completion of the module students will be able to:
- Identify and explain economic theories and models
- Describe the strengths, limitations and gaps in policy economics
- Discuss the main economic and political interpretations that shape the drivers and narratives of economic policy
Upon completion of the module students will be able to:
Subject specific
- produce a technical and policy analysis on current economic issues which synthesises economic theory and practical constraints
Transferable
- write clear, concise and compelling communications
- work effectively in a team
- work within constraints
- promote ethical and self-awareness
Indicative Content:
Includes the synthesis of theory and practice in policy making. Theories and models will involve pluralist perspectives in the consideration of market and government failure. Welfare economics will include cost-benefit analysis and net present value
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 9 | 1 | 9 |
| Seminar | 6 | 1 | 6 |
| Private study hours | 85 | ||
| Total Contact hours | 15 | ||
| Total hours (100hr per 10 credits) | 100 | ||
This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.
| Assessment type | Notes | % of formal assessment |
|---|---|---|
| Group Project | Group project | 30 |
| Total percentage (Assessment Coursework) | 30 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Standard exam (closed essays, MCQs etc) | 2.0 Hrs 0 Mins | 70 |
| Total percentage (Assessment Exams) | 70 | |
The resit for this module will be 100% by 2 hour examination.
There is no reading list for this module
Last updated: 29/04/2022
Errors, omissions, failed links etc should be notified to the Catalogue Team