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ES50125: Public policy analysis

Follow this link for further information on academic years Academic Year: 2019/0
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: CW 70%, EX-TH 30%*
Further information on unit assessment Assessment Detail:
  • Coursework* (CW 70%)
  • Open book, 72 hour take-home exam* (EX-TH 30%)

*Assessment updated due to Covid-19 disruptions
Further information on supplementary assessment Supplementary Assessment:
ES50125 Re-assessment 100% Exam (where allowed by programme regulations)
Further information on requisites Requisites:
Further information on descriptions Description: Aims:
To provide students with practical knowledge and understanding of government policies in various socio-economic realms;
To make students familiar with the main concepts and principles of public policy analysis;
To enable students to apply economic tools to conduct public policy analysis.

Learning Outcomes:
After successful completion of this unit, students should be able to
(i) give an economic account and evaluation of government policies;
(ii) understand and critically assess public policy debates.

Abstract reasoning (FA); numerical skills (FA); diagrammatic skills (FA); information synthesis (FA); writing skills (FA).

In this unit, we discuss and critically assess government intervention into socio-economic realms such as welfare and social security, labour, education, health and demographics, housing, etc. First, we discuss motivations behind government policies: equality, welfare, efficiency, and correction of negative externalities. Then, we continue with the economic analysis and evaluation of various public policies. This includes, among other things, cost-benefit analysis and policy assessment against various welfare measures. The approach taken in this unit is both theoretical and empirical.
Further information on programme availabilityProgramme availability:

ES50125 is Optional on the following programmes:

Department of Economics