Class will be led by lecturer and encourage class participation.
Use of reports and videos etc. to reinforce learning, encourage debate, and develop students’ analytical abilities.
Module Aim:
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 should be able to:
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.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is recommended before enrolment in this module.
5897
ECON H1704
Economics 1
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
No requirements listed
Module Content & Assessment
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
Assessment Breakdown
%
Continuous Assessment
30.00%
End of Module Formal Examination
70.00%
Continuous Assessment
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Essay
Essay on Irish Economic Policy
1,2,3
30.00
n/a
No Project
No Practical
End of Module Formal Examination
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Formal Exam
Final Exam
1,2,3
70.00
End-of-Semester
SETU Carlow Campus reserves the right to alter the nature and timings of assessment