The Economics of Public Policy

Module Code: EC2030

Module Title: Economics of Public Policy

• ECTS Weighting: 10
• Semester/Term Taught: Michaelmas + Hilary Term
• Contact Hours: 44 hours of lectures
• Module Personnel: Lecturer - Dr. Sean Barrett

Learning Outcomes

Having successfully completed this module, you will: Have a deeper understanding of issues in public policy appraisal and analysis to complement the department's theoretical and quantitative course.

Module Content

This module examines the economic aspects of government intervention in the economy. It begins by investigating market failure, property rights, mixed goods. Externalities are analyzed and the nature of government as a producer and the political system as a mechanism for revealing consumer preferences are examined. The module then surveys the economic literature in a number of major Public Sector Economics topics such as taxation, and the evaluation of public spending in areas such as education, health and income distribution.

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Recommended Reading List

There is no set textbook. A reading list will be available at the start of the module.

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Assessment Details

There will be a term test in week 8 of Hilary Term accounting for 10% of the overall grade. An end of year exam accounts for 90% of the overall grade.

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Module Website

TBC

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