EC230     
Economics in Public Policy

This information is for the 2017/18 session.

Teacher responsible

Dr Mohan Bijapur 32L.1.31 and Dr Daniel Sturm 32L.2.25

Availability

This course is available on the BSc in Environment and Development, BSc in International Relations and BSc in International Relations. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.

This course is not open to students who are Economics specialists.

Pre-requisites

Students normally will have completed Economics A (EC100) or Economics B (EC102) or their equivalent.

Course content

This course develops economic analysis for the large questions in contemporary public policy, without the need for knowledge of calculus. Precise topics and readings will be announced and are selected to be of current interest.  Last year’s topics included central bank independence and inflation targetting; financial crises: causes and consequences; unconventional tools of monetary policy; currency crises, currency unions; Brexit; the Greek sovereign debt crisis; growth policy; principles of taxation; inequality; and congestion charging.

Teaching

10 hours of lectures and 10 hours of classes in the MT. 10 hours of lectures and 10 hours of classes in the LT.

A one hour revision lecture will be held in week 11 of the MT and week 11 of the LT.

Formative coursework

Four pieces of written work to be handed in to the class teacher.

Indicative reading

There is no set course textbook. A list of selected texts and readings will be provided at the start of term.

Assessment

Exam (50%, duration: 2 hours, reading time: 15 minutes) in the LT week 0.
Exam (50%, duration: 2 hours, reading time: 15 minutes) in the main exam period.

The Lent term examination is based on the Michaelmas term syllabus, and the Summer exam on the Lent term syllabus.

Key facts

Department: Economics

Total students 2016/17: 119

Average class size 2016/17: 15

Capped 2016/17: No

Lecture capture used 2016/17: Yes (MT & LT)

Value: One Unit

Guidelines for interpreting course guide information

PDAM skills

  • Self-management
  • Problem solving
  • Communication

Course survey results

(2014/15 - 2016/17 combined)

1 = "best" score, 5 = "worst" score

The scores below are average responses.

Response rate: 61%

Question

Average
response

Reading list (Q2.1)

2.6

Materials (Q2.3)

2.4

Course satisfied (Q2.4)

2.1

Lectures (Q2.5)

2.1

Integration (Q2.6)

2.1

Contact (Q2.7)

2.1

Feedback (Q2.8)

2.4

Recommend (Q2.9)

Yes

56%

Maybe

36%

No

8%