THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2022/2023

Timetable information in the Course Catalogue may be subject to change.

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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Key Developments in Modern Economic Analysis (ECNM10096)

Course Outline
SchoolSchool of Economics CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThe course will look at a selection of the most important contributions to modern economics, with an emphasis on key conceptual developments that have influenced the current state of the subject.
Course description The course will examine some of the important recent developments in economics, focusing mainly, but not exclusively, on key contributions since 1950, especially those whose authors were awarded the Nobel Prize in Economic Science. Through an examination of the original as well as more modern academic literature, it will look at analytical concepts and techniques that were once novel but are now widely accepted. The course will also touch on the historical context in which economics evolved.

The course will be taught though a mixture of lectures and tutorials.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Co-requisites
Prohibited Combinations Other requirements None
Information for Visiting Students
Pre-requisitesVisiting students must have an equivalent of at least 4 semester-long Economics courses at grade B or above for entry to this course. This MUST INCLUDE courses in Intermediate Macroeconomics (with calculus); Intermediate Microeconomics (with calculus); Probability and Statistics; and Introductory Econometrics. If macroeconomics and microeconomics courses are not calculus-based, then, in addition, Calculus (or Mathematics for Economics) is required.
High Demand Course? Yes
Course Delivery Information
Academic year 2022/23, Available to all students (SV1) Quota:  None
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 10, Summative Assessment Hours 10, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 156 )
Assessment (Further Info) Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Additional Information (Assessment) 30% coursework (Coursework will consist of one group presentation worth 10% and one individual essay worth 20%), 70% written exam.
Feedback Essay (within three weeks); group presentations (once all groups have presented)
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S1 (December)2:00
Learning Outcomes
On completion of this course, the student will be able to:
  1. A knowledge of some of the key recent developments in economics.
  2. An understanding of how and why these ideas have influenced modern economics.
  3. An understanding of the historical context in which these ideas evolved.
  4. The ability to communicate technical material accurately and succinctly.
  5. Personal skills of time management, the ability to contribute to class discussion and group work, and personal autonomy through independent learning.
Reading List
None
Additional Information
Graduate Attributes and Skills Research and Inquiry
B1. The ability to identify, define and analyse theoretical and applied economic problems and identify or devise approaches to investigate and solve these problems.
B3. The ability to critically assess existing understanding of economic and social issues, the limitations of that understanding and the limitations of their own knowledge and understanding of those issues.
B4. The ability to question the principles, methods, standards and boundaries of economic knowledge
Personal and Intellectual Autonomy
C1. The ability to be independent learners who take responsibility for their own learning, and are committed to continuous reflection, self-evaluation and self-improvement.
C4. The ability to collaborate and debate effectively to test, modify and strengthen their own views.
Communication
D1. The ability to make effective use of oral, written and visual means to critique, create and communicate understanding.
D2. The ability to further their own learning through effective use of feedback.
D3. The ability to use communication as a tool for collaborating and relating to others.
Personal Effectiveness
E1. The ability to manage tasks and also skills in time-management.
E4. The ability to work effectively with others, capitalising on their different thinking.
KeywordsModern Economic Analysis
Contacts
Course organiserProf Simon Clark
Tel: (0131 6)50 3850
Email: S.Clark@ed.ac.uk
Course secretaryMiss Becky Guthrie
Tel:
Email: becky.guthrie@ed.ac.uk
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