To provide students with:
- Understanding of relevant mathematical and statistical techniques
- A critical understanding of the analytical methods
- The ability to apply core economic theory and economic reasoning to applied and policy relevant topics.
- The ability to relate differences in economic policy recommendations to differences in the theoretical and empirical features of the economic analysis, which underlie such recommendations.
- The ability to discuss, analyse and evaluate government policy and to assess the performance of the UK and other economies and of the global economy.
- An understanding of verbal, graphical, mathematical and econometric representation of economic ideas and analysis, including the relationship between them. Appropriate techniques to enable manipulation, treatment and interpretation of the relevant statistical data, may also be relevant.
- Comprehension of complex arguments.
- Confrontation of theory and evidence.
- Ability to work with quantitative models and numerical data.
- Understanding of the roles of theory and empirical evidence in forming and critically assessing policy.
- Ability to assess the relevance and importance of the ideas of others.
- Ability to independently formulate and communicate arguments and conclusions.
|Taught by:||Lars Nesheim|
|Assessment:||2 hours of lectures per week and 5 problem classes with written assignments. The course will be examined by a 2-hour written exam in Term 3|
|Suitable for:||Graduate students|
|Prerequisites:||ECON0064 and ECON0065 or the equivalent with Economics Department Approval|