Undergraduate Programme and Module Handbook 2014-2015 (archived)
Module ECON2091: ECONOMICS OF SOCIAL POLICY
Department: Business School (Economics and Finance)
ECON2091: ECONOMICS OF SOCIAL POLICY
| Type | Open | Level | 2 | Credits | 20 | Availability | Available in 2014/15 | Module Cap | None. | Location | Durham |
|---|
Prerequisites
- Elements of Economics (ECON1011) OR successful completion of Phase 1 of the Economics programme at Shandong University, China.
Corequisites
- None.
Excluded Combination of Modules
- None.
Aims
- To develop students' awareness and understanding of the contribution which economic analysis can make to discussions of issues in social policy, with particular reference to quasi-markets, education, health and crime.
- The module also provides an opportunity for students to practice their written and presentational skills.
Content
- Lecture topics: Introduction, Market Intervention, Resource Allocation, The Valuation of Non-Marketed Goods and Services, Equity, Extenalities, and Cost-Benefit Analysis and particular topics on the Economics of Social Policy.
- Accompanying seminars will enable students to apply the theoretical analysis presented in lectures to the areas of quasi-markets, education, health and crime.
Learning Outcomes
Subject-specific Knowledge:
- Market failure and government limitation to combat this market failure
Subject-specific Skills:
- Use of microeconomic theory to address economic policy crime
Key Skills:
- 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, tutorials and support for student-centred learning. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes and private study (including student-centred learning). Formative assessment is by means of two written assignments. Summative assessment is by means of an unseen written examination of two and a quarter hours duration.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Lectures | 18 | 1 per week | 1 hour | 18 | |
| Seminars | 5 | 1 in term one, 4 in term two | 2 hour | 10 | |
| Revision Session | 3 | 1 hour | 3 | ■ | |
| Preparation and Reading | 169 | ||||
| Total | 200 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| One written examination | 2 hours 15 minutes | 100% | Same |
Formative Assessment:
Two individual written assignments
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University