Undergraduate Course: Economic Applications (ECNM08003)
Course Outline
| School | School of Economics |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 8 (Year 1 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The course is intended to illustrate the usefulness of basic economic principles in a varied range of, primarily applied, contexts. An understanding of basic economic principles at the level of: Mankiw and Taylor 'Economics' 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 1. Students enrolled on Economics 1 should not also enrol on Economic Applications. |
| Course description |
The 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 contexts drawn from: international economics; business cycles; game theory and behavioural economics; and information economics.
The course is taught through a programme of lectures and tutorials. 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: Mankiw and Taylor 'Economics' 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 1. Students enrolled on Economics 1 should not also enrol on Economic Applications.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
Students MUST have passed:
Economic Principles (ECNM08004)
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Co-requisites | |
| Prohibited Combinations | Students MUST NOT also be taking
Economics 1 (ECNM08013) AND
Economics 2 (ECNM08006)
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Other requirements | If the pre-requisite is not met, the permission of the course organiser is required.
Students who have already taken Economics 1 should not be registered for this course.
May not be taken concurrently or after Economics 2. |
Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2019/20, Available to all students (SV1)
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Quota: 140 |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Seminar/Tutorial Hours 9,
Summative Assessment Hours 3,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
164 )
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| Assessment (Further Info) |
Written Exam
75 %,
Coursework
25 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
Teamwork Project (Video presentations, semester 2): 15%
Mid-Term Exam (MCQ start of week 7): 20%
Degree Exam (May diet): 55%
Online Tests: 5%
Weekly Homework: 5%
Resit Exam (August diet): 100%
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| Feedback |
Not entered |
| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
|
| Main Exam Diet S2 (April/May) | | 2:00 | | | Resit Exam Diet (August) | | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- A knowledge and understanding of key economic and social issues, through application of basic economic principles.
- Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
- Communication skills in order to critique, create and communicate understanding and to collaborate with and relate to others.
- Personal effectiveness through task-management, time-management, teamwork and group interaction, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
- Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
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Reading List
| Mankiw and Taylor 'Economics' |
Additional Information
| Graduate Attributes and Skills |
See Learning Outcomes |
| Additional Class Delivery Information |
Weekly one-hour tutorials to be arranged in addition. |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Athanasia Arnokourou
Tel: (0131 6)51 3853
Email: A.Arnokourou@ed.ac.uk |
Course secretary | Miss Jun Chu
Tel: (0131 6) 50 8361
Email: Jun.Chu@ed.ac.uk |
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