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ES10008: Economic policy in the UK

Follow this link for further information on academic years Academic Year: 2014/5
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6
Further information on unit levels Level: Certificate (FHEQ level 4)
Further information on teaching periods Period: Semester 2
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
  • Examination (EX 100%)
Further information on supplementary assessment Supplementary Assessment: ES10008A - Resit Examination (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this unit you must take ES10001 and while taking this unit you must take ES10002
Further information on descriptions Description: Aims:
To provide students with a knowledge and understanding of economic policy-making in the UK. Specifically, to develop a knowledge base with respect to the goals, instruments and institutions in key areas of UK economic policy. To present an analysis of how policymakers address major problems of the British economy, including an analysis of the achievements of economic policy initiatives with respect to solving these problems.

Learning Outcomes:
Students should be able to
* identify central objectives of UK economic policy;
* characterise main institutions participating in and key instruments used in UK economic policies; describe and appraise key economic policy initiatives.

Analysis of statistical information; analytical thinking; critical reading; discussing ideas; relating basic theoretical principles and concepts to contemporary debates and policy issues; communication skills.

Topics covered include: the structure of the UK economy; performance and problems of the UK economy; fiscal policy; monetary policy; employment policy; industrial policy; competition and regulatory policies.
Key text: A. Griffiths and S. Wall (2011) Applied Economics (12th edition).
Further information on programme availabilityProgramme availability:

ES10008 is Compulsory on the following programmes:

Department of Economics

ES10008 is Optional on the following programmes:

Department of Economics
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 1)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 1)
Department of Politics, Languages and International Studies
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 1)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 1)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 1)

* This unit catalogue is applicable for the 2014/15 academic year only. Students continuing their studies into 2015/16 and beyond should not assume that this unit will be available in future years in the format displayed here for 2014/15.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.