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ECON2261: MICROECONOMIC APPLICATIONS AND POLICY

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Type	Tied
Level	2
Credits	20
Availability	Available in 2023/24
Module Cap	None.
Location	Durham
Department	Economics

Prerequisites

Principles of Economics (ECON1011) OR Quantitative Methods (FINN1021)

Corequisites

None

Excluded Combinations of Modules

None

Aims

To develop students' awareness and understanding of the contribution which economic analysis can make to discussions of issues in microeconomics
To provide an understanding of theories and methods used in the analysis of microeconomic problems
To provide students with a good grounding for undertaking a dissertation in applied microeconomics

Content

The content will be topics of contemporary interest such as:
Education
Health
Sport
Culture
Inequality/Poverty
Charity
Crime/Conflict

Learning Outcomes

Subject-specific Knowledge:

Knowledge and understanding of the theories and methods used in the analysis of microeconomics issues
Knowledge and understanding of market failure and the limitations of government intervention to combat it.

Subject-specific Skills:

The application of economic theories to microeconomic problems
The ability to critically evaluate microeconomic policies and their consequences

Key Skills:

Critical and analytical thinking
Problem solving
Written communication
Own learning
Library skills
Information retrieval
Written communication - summative assessment is a written examination
Planning and Organisation and time management - students plan their work to meet set deadlines
Adaptability - students perform under the pressure of written examinations
Oral communication - presenting of papers and participating in seminars.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in seminar classes, and private study. Seminar questions give students the opportunity to apply the theoretical analysis presented in lectures.
Formative assessment to help prepare for online exam. Summative assessment is by means of an online examination to test students' knowledge and understanding of the subject-matter worth 100% of the module mark.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total
Lectures	20	1 per week	1 hour	20
Seminars	4	At intervals through the year	2 hours	8
Revision Session	2		1 hour	2
Preparation and Reading				170
Total				200

Summative Assessment

Component: Examination		Component Weighting: 100%
Element	Length / Duration	Element Weighting	Resit Opportunity
One written online examination	2 hours, 3000 words max	100	Same

Formative Assessment

One written piece of work to prepare students for the summative exam.

More information

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