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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2023/2024

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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Economics of Inequality (ECNM10081)

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
SummaryThis course examines the nature and extend of inequality, its causes and consequences for students with a knowledge of economic and econometric analysis at the undergraduate level. It will examine key competing theories of inequality and poverty and a range of approaches to its research.
Course description Recent advances and empirical evidence in the subject will be used to cover topics such as: Measurements of inequality and poverty; trends in inequality; income and wealth distribution; economic mobility; inequality and growth; capital accumulation and income inequality; human capital and job polarisation; public policies.
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); and Probability and Statistics. 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
Not being delivered
Learning Outcomes
On completion of this course, the student will be able to:
  1. A knowledge and understanding of key concepts, issues and models in economic inequality and poverty, along with empirical evidence on and policy implications of those models and a deeper understanding of recent research activity.
  2. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
  3. Communication skills in order to critique, create and communicate understanding and to collaborate with and relate to others.
  4. 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.
  5. Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
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.
Additional Class Delivery Information 1 x 2 hour lecture per week for 10 weeks, plus 5 x 1 hour tutorials to be arranged in addition.
KeywordsEconInequal
Contacts
Course organiserDr Ana Nuevo-Chiquero
Tel: (0131 6)51 5937
Email: Ana.Nuevo.Chiquero@ed.ac.uk
Course secretaryMiss Jiawen Chen
Tel:
Email: rico.chen@ed.ac.uk
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