Postgraduate Course: Economic Issues in Public Policy (MPP) (SCPL11022)
Course Outline
| School | School of Social and Political Science |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | The aim of this course is to familiarise students of public policy with relevant economic issues. The course is split into three main sections. Section 1 discusses the assumptions underlying core economic thinking and introduces students to core concepts and measures required to understand how orthodox economic approaches conceptualise people's motivations and behaviour and subsequently how we should think of societies. Section 2 then explores how these ways of economic thinking manifest in four concrete areas of economic policy that states engage in. In section 3 we then investigate the connections between those specific issues to understand how the contemporary dominant ways of economic thinking affect states' economic policies in a systematic fashion. |
| Course description |
The course is relevant for all students interested in public policy and a critical understanding of what it means to engage with economic questions in this context. The course is accessible for students with no prior training in economics, as any concepts used will be introduced to the students. However, the course is also highly relevant for students who have had training in economics before, as the core is not about the training in classic economic principles but a critical engagement with the underlying assumptions. Crucially the course will help students appreciate how using economic principles can be useful for certain types of policy analyses, but will also enable students to assess the limits of economic approaches to understanding the behaviour of actors in policy contexts. At the end of the course students will be able to i) understand fundamental economic concepts useful for policy analyses, ii) be able to critically appraise the assumptions made using orthodox approaches, iii) apply discussions about economic issues to specific areas of policy making and iv) situate specific policy debates in larger contemporary debates about the economy from multiple perspectives. The final assignment will enable students to engage practically with their knowledge from the course in relation to a current policy maker and contemporary debates about economic aspects of public policy.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
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| Academic year 2017/18, Not available to visiting students (SS1)
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Quota: 25 |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 15,
Seminar/Tutorial Hours 5,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
127 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
Students will be placed into project groups at the beginning of the semester. Each group will select a political actor of their choice and has to develop a portfolio of statements that political actor makes (in oral or written form and through a variety of channels) in relation to economic issues. The final assignments, supported through the workshop sessions will focus on an analysis of the political actor's economic perspectives.
25% - Group presentation and discussion based on work throughout the semester
75% - 2000 word individual research paper (on a specific aspect of the economic analyses undertaken) to be agreed with instructor and to be distinct from other group members)
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| Feedback |
This field should be used to describe the assessment and feedback strategies used on the course, along with their indicative pattern and schedule of feedback.
To support students¿ learning of fundamental concepts, in particular for those who have not studied economics previously, optional tutorials on formal economics are offered during the first five weeks of the course. Students will receive feedback on their formal progress during those tutorials.
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| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- To become familiar with the key concepts and terms used in debates around economic issues in public policy.
- To be able to develop an analytical framework for critically appraising public policy approaches in economic terms.
- To demonstrate a critical understanding of issues around measuring ¿the size of the state¿.
- To demonstrate an ability to critically appraise arguments that try to situate policies within a state-market discourse.
- To be in a position to critically discuss the application of economic theories to contemporary public policy issues.
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Reading List
Barr N. (2004) The Economics of the Welfare State (4th edition), Oxford: OUP.
Begg D., Fischer S. and Dornbusch R. (2003) Economics (7th edition), McGraw-Hill.
Blyth, M. 2013. Austerity. The History of a Dangerous Idea. New York: Oxford University Press
Engelen, E. et al. 2011. After the Great Complacence. Financial Crisis and the Politics of Reform. Oxford: Oxford University Press
Frey, B. & Stutzer, A. 2002. Happiness and Economics. How the Economy and Institutions Affect Well-Being. Princeton and Oxford: Princeton University Press
Glennerster H and Hills J (1998) The State of Welfare (2nd edition), Oxford: OUP
Mazzucato, M. 2014. The entrepreneurial state: debunking public vs. private sector myths. London & New York: Anthem Press
Mirovski, P. 2014. Never let a serious crisis go to waste. How neoliberalism survived the financial meltdown. London & New York: Verso
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Additional Information
| Graduate Attributes and Skills |
- Ability to analyse economic arguments in public policy debates
- Ability to present economic analyses in written and oral form
- Ability to relate political arguments to different economic approaches
- Ability to engage in economic policy debates with an empirical grounding
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| Keywords | Not entered |
Contacts
| Course organiser | Ms Lynne Robertson-Rose
Tel: (0131 6)50 9922
Email: |
Course secretary | Mr Lee Corcoran
Tel: (0131 6)51 5122
Email: |
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