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ES20022: Economic thought & policy

[Page last updated: 20 April 2021]

Academic Year: 2021/2
Owning Department/School: Department of Economics
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Intermediate (FHEQ level 5)
Period:
Semester 2
Assessment Summary: EX 100%
Supplementary Assessment:
ES20022 Resit Examination (where allowed by programme regulations)
Requisites: Before taking this module you must ( take ES10001 AND take ES10002 ) OR take ES10010 OR take MN10574
Aims:
* To familiarise students with a range of primary source texts written by major economists from the late eighteenth to the mid twentieth century.
* To stimulate an interest and knowledge base in the historical development of economics in Britain.
* To convey the relevance of the economics of earlier writers to an understanding of present day economic thought and debate.

Learning Outcomes: Students will have developed an understanding of the economic models and contributions to policy of a number of major economists from Adam Smith to John Maynard Keynes and the context within which these models were relevant. Students will have acquired "first hand" knowledge through reading primary sources.

Skills: Reading and assimilating primary source texts; exposure to critical debate in the development of economic argument.

Content: The historical development of economic thought and policy from the beginning of the industrial revolution in the eighteenth century - themes and debates from Smith to Keynes. The main economists considered are Smith, Malthus, Ricardo, Mill, Jevons, Marshall and Keynes.

Programme availability:
NB. Postgraduate programme information will be added when the postgraduate catalogues are published in August 2021

ES20022 is Compulsory on the following programmes:

Department of Economics
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 2)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 2)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 2)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 2)
Department of Politics, Languages and International Studies
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 2)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 2)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 2)

ES20022 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 2)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 2)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 2)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 2)
School of Management

Notes:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change 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.
  • Find out more about these and other important University terms and conditions here.