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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2011/2012
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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Economic Applications (ECNM08003)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 8 (Year 1 Undergraduate) Credits20
Home subject areaEconomics Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThe course is intended to illustrate the usefulness of basic economic principles in a varied range of, primarily applied, contexts. The contexts covered will vary from year to year. A typical year might include 5 contexts drawn from: development economics; the economics of transition; globalization; macroeconomic policy; the history of economic thought; the economics of the environment; bargaining and game theory; and financial markets. The course relies primarily on words, diagrams and numerical illustrations. The use of formal mathematics is limited and basic. Reading material for the course will be drawn from a variety of sources. An understanding of basic economic principles at the level of: Sloman 'Essentials of Economics (customised version)' is presumed. The course is primarily aimed at students who want to obtain a broad but basic insight into applications of economics to contemporary economic issues, but do not intend (or want to keep open the option) to progress to further study of economics in their 2nd year. Students who do plan (or want to keep open the option) to progress to Economics 2 should take Economics 1A. Students on Economics programmes, who have not previously studied economics, may find it useful to take Economic Applications alongside Economics1A.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economic Principles (ECNM08004)
Co-requisites It is RECOMMENDED that students also take Economics 1A (ECNM08005)
Prohibited Combinations Students MUST NOT also be taking Economic Principles and Applications (ECNM08002) OR Economic Principles (ECNM08004)
Other requirements Pre-requisites: OR have a B grade or better in Economics at 'A' level or Higher Still or equivalent.

Prohibited Combination: students wishing to take Economic Applications as well as Economic Principles in the same year of study should be registered for the 40 credit course Economic Principles and Applications.
Additional Costs None
Information for Visiting Students
Pre-requisitesNone
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Delivery period: 2011/12 Semester 2, Available to all students (SV1) WebCT enabled:  No Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLectureAppleton Tower, Lecture Theatre 41-11 16:10 - 17:00
CentralLectureAppleton Tower, Lecture Theatre 41-11 16:10 - 17:00
First Class Week 18, Tuesday, 16:10 - 17:00, Zone: Central. Appleton Tower, Lecture Theatre 4
Additional information Weekly one-hour tutorials to be arranged in addition.
Exam Information
Exam Diet Paper Name Hours:Minutes
Main Exam Diet S2 (April/May)2:00
Resit Exam Diet (August)2:00
Summary of Intended Learning Outcomes
After successful completion of this course the student will have a basic insight into a variety of contemporary economic issues through applications of basic economic principles.
General skills developed include: critical analysis and assessment; reasoning adaptably and systematically; problem-framing and problem-solving skills; basic numeracy and quantitative skills; obtaining and processing information from a variety sources; presentation and communication skills; interpersonal and group skills; computer and IT skills; independent action and initiative; managing tasks and time; coping with stress.
Assessment Information
Teamwork Project (poster, semester 2): 10%
Degree Exam (May diet): 85%
Online Tests: 5%

- Online test mark will be the average of the highest 5 marks.
- Tutorial attendance: penalty 6 marks deducted for 5 missed tutorials, 12 marks deducted for 7 missed tutorials, 18 marks deducted for 9 missed tutorials.

Resit Exam (August diet): 100%
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
KeywordsNot entered
Contacts
Course organiserDr Colin Roberts
Tel: (0131 6)50 8353
Email: C.J.Roberts@ed.ac.uk
Course secretaryMs Eirlys Armstrong
Tel: (0131 6)50 8361
Email: eirlys.armstrong@ed.ac.uk
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