Form C4
Heriot-Watt University - Course Descriptor
1. Course
Code
C20AE
2. Course
Title
Advanced Economic Policy 1
3. SCQF
Level
5. School
Management and Languages
7. Delivery:
Location &
Semester
Edin
SBC
Orkney
Dubai
IDL
Collaborative Partner
Approved Learning Partner
Sem 1
Sem…….
Sem………..
Sem……..
Sem….
Name…………………….....Sem..…...
Name …………………………………Sem………..
6. Course
Co-ordinator
10
4. Credits
15
Prof D. Cobham
8. Pre-requisites
Advanced Economics 1
9. Linked Courses
(specify if synoptic)
10. Excluded Courses
11. Replacement Courses
None
None
Code:
Date Of Replacement:
13. The course may be
delivered to:
UG only
PG only
C29AE
1st Sept, 2013
UG & PG
12. Degrees for which
this is a core course
All programmes within the undergraduate discipline of
Economics
14. Available as an Elective?
Yes
No
15. Aims
The aim of the course is to demonstrate how macroeconomic analytical techniques may be applied to economic policy questions.
In particular it will enable students to relate differences in economic policy recommendations to differences in the theoretical and empirical features of the economic analysis
which underlie such recommendations.
16. Syllabus
The syllabus will be revised annually to reflect topical economic policy issues.
The areas covered may include:
Monetary Policy
Fiscal Policy
Public Expenditure and Taxation Policy
Financial Regulation
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Form C4
Heriot-Watt University - Course Descriptor
17. Learning Outcomes (HWU Core Skills: Employability and Professional Career Readiness)
Subject Mastery
Understanding, Knowledge and Cognitive
Skills
Scholarship, Enquiry and Research (Research-Informed Learning)
On completion of this course students will be expected to be able to:
- implement established techniques of scholarly enquiry in analysing economic policy issues
- relate differences in economic policy recommendations to differences in the theoretical and empirical features of the economic analysis which
underlie such recommendations
- discuss how economics as a discipline may contribute to economic policy formulation
- demonstrate an understanding of the key economic institutions in the UK economy set within the wider international context
Personal Abilities
Industrial, Commercial & Professional Practice
Autonomy, Accountability & Working with Others
Communication, Numeracy & ICT
the course aims to equip students with the following skills:
- the ability to deploy key transferable concepts in addressing economic problems. These concepts include, opportunity cost, incentives, equilibrium,
the relevance of marginal considerations, the possible gains from voluntary exchange, systems and dynamics.
- the ability to work autonomously and collaboratively, drawing on text-based, mathematical, graphical and statistical sources of information to analyse
economic problems and to communicate the results of the analysis to specialist and non-specialist audiences
- the ability to use a wide range of routine skills (wordprocessing, database manipulation, online literary searches etc) in order to interpret and present
a variety of data through a variety of means and media as part of professional level practice.
18. Assessment Methods
Method
19. Re-assessment Methods
Duration of Exam
Weighting (%)
Synoptic courses?
Method
(if applicable)
Coursework
Duration of Exam
Diet(s)
(if applicable)
100%
No
20. Date and Version
Date of Proposal
March, 2013
Date of Approval by
School Committee
Date of
Implementation
September, 2013
Version
Number
2/2
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