Undergraduate Course: Economic Applications (ECNM08003)
Course Outline
| School | School of Economics |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 8 (Year 1 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The course is intended to illustrate the usefulness of basic economic principles in a varied range of, primarily applied, contexts. An understanding of basic economic principles at the level of: Mankiw and Taylor 'Economics' is presumed. The course is primarily aimed at students who want to obtain a broad but basic insight into applications of economics to contemporary economic issues, but do not intend (or want to keep open the option) to progress to further study of economics in their 2nd year. Students who do plan (or want to keep open the option) to progress to Economics 2 should take Economics 1. Students on Economics programmes, who have not previously studied economics, may find it useful to take Economic Applications alongside Economics 1. |
| Course description |
The course is intended to illustrate the usefulness of basic economic principles in a varied range of, primarily applied, contexts. The contexts covered will vary from year to year. A typical year might include contexts drawn from: international economics; business cycles; game theory and behavioural economics; and information economics.
The course is taught through a programme of lectures and tutorials. The course relies primarily on words, diagrams and numerical illustrations. The use of formal mathematics is limited and basic. Reading material for the course will be drawn from a variety of sources. An understanding of basic economic principles at the level of: Mankiw and Taylor 'Economics' is presumed.
The course is primarily aimed at students who want to obtain a broad but basic insight into applications of economics to contemporary economic issues, but do not intend (or want to keep open the option) to progress to further study of economics in their 2nd year. Students who do plan (or want to keep open the option) to progress to Economics 2 should take Economics 1. Students on Economics programmes, who have not previously studied economics, may find it useful to take Economic Applications alongside Economics 1.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | It is RECOMMENDED that students also take
Economics 1 (ECNM08013)
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| Prohibited Combinations | Students MUST NOT also be taking
Economic Principles and Applications (ECNM08002) OR
Economic Principles (ECNM08004)
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Other requirements | Pre-requisites: OR have a B grade or better in Economics at 'A' level or Higher Still or equivalent.
Prohibited Combination: students wishing to take Economic Applications as well as Economic Principles in the same year of study should be registered for the 40 credit course Economic Principles and Applications. |
Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- A knowledge and understanding of key economic and social issues, through application of basic economic principles.
- Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
- Communication skills in order to critique, create and communicate understanding and to collaborate with and relate to others.
- 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.
- Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
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Reading List
| Mankiw and Taylor 'Economics' |
Additional Information
| Graduate Attributes and Skills |
See Learning Outcomes |
| Additional Class Delivery Information |
Weekly one-hour tutorials to be arranged in addition. |
| Keywords | Not entered |
Contacts
| Course organiser | Ms Athanasia Arnokourou
Tel:
Email: |
Course secretary | Ms Ruth Cusack
Tel: (0131 6)51 5993
Email: |
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