Module Details

Module Code: BUSS H2712
Module Title: Economic Policy
Title: Economic Policy
Module Level:: 6
Credits:: 5
Module Coordinator: Janette Davies
Module Author:: Alison Hearne
Domains:  
Module Description: To build upon the micro and macroeconomic foundations provided in Year 1
Macroeconomics.
To provide students with a good understanding of Managerial Economics at the level of the firm and of Economic Policy as it applies to the key sectors of the Irish Economy.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Explain and evaluate the fundamental determinants of economic growth across international economies and be able to draw lessons from Ireland’s economic experiences.
LO2 Reflect on and evaluate Macroeconomic Policy at a National level.
LO3 Display a knowledge of the economic policies which have been implemented in Ireland over the past four decades.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
5897 ECON H1704 Economics 1
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
Economic Growth
• Theories of economic growth • Irish Economic Growth Performance • History of Ireland’s economic growth • Lessons from the Irish Experience • Economic Policies to promote growth • Globalisation and World Economic Growth • Trends in World Economic Growth: Convergence and Divergence between rich and poor countries
The Role of Government
• Rational for Government intervention • Size of Government • Economic and political factors • Public Expenditure • State-owned Enterprises and Privatisation
Population, Employment and Unemployment
• Demography and Employment • Level and trend in population • Components of change • Age structure • Population forecasts • Regional patterns of population change • Emigration • Labour force and employment • Participation rates • EU comparisons
The Public Finances & Fiscal Policy
• Level and structures of expenditure and taxation • Borrowing and national debt • Taxation policy • Economic impact of expenditure and taxation
Monetary and Exchange Rate Policy
• International Trade • Balance of Payments and Exchange Rates • Ireland and EMU
Sectoral Policies in an Open Economy
• Industrial Policy in Ireland – DFI, Indigenous Growth, Sectoral and size pattern of manufacturing • Determinants of competitiveness • Impact of EC policies – Regional Policy
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment30.00%
End of Module Formal Examination70.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Essay % of Total Mark 30
Timing n/a Learning Outcomes 1,2,3
Non-marked No
Assessment Description
Essay on Irish Economic Policy
No Project
No Practical
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3
Non-marked No
Assessment Description
Final Exam
Reassessment Requirement
Exam Board
It is at the discretion of the Examination Board as to what the qualifying criteria are.

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Class attendance and participation, group work and class engagement 12 Weeks per Stage 3.00 36
Independent Learning Non Contact Understanding key theories and concepts, engagement with extra reading, assessment preparation for final examination 15 Weeks per Stage 5.93 89
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Attendance at lectures, class participation and group work 12 Weeks per Stage 1.50 18
Independent Learning Non Contact Understanding key theories and concepts, additional reading, assessment preparation, preparation for final exam 15 Weeks per Stage 2.97 44.5
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • O’Hagan, J. & Newman, C.. (2019), The Economy of Ireland, 13th. Gill and MacMillan, Dublin.
This module does not have any article/paper resources
Other Resources
Discussion Note: