2019/20 Undergraduate Module Catalogue

LUBS1620 Schools of Thought in Economics

10 creditsClass Size: 210

Module manager: Andrew Mearman
Email: A.J.Mearman@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2019/20

This module is not approved as a discovery module

Module summary

This module will introduce students to the schools of thought in economics. Students will develop an understanding of the foundations of various schools of thought and how these foundations influences how these schools of thought make sense of and view the world around us. This module will enable students to identify the underlying assumptions and perspectives in debates and arguments.

Objectives

The main aim of this module is to introduce students to the key schools of thought in economics. Students will be able to identify these views and compare them.

Learning outcomes
Upon completion of the module, students will be able to:-

- Identify in discussions or written work the features that are related to schools of thought in economics.
- Explain the similarities and differences between these schools of thought.
- Understand the fundamental concepts of the schools of thought in economics and how these concepts influence the perspective with which these schools of thought view the economy.

Skills Outcomes
- Identify key features of arguments and discussions
- Begin to critically analyse arguments and discussions
- Express arguments concisely
- Engage in synthesis

Skills outcomes
Understanding of the schools of thought in economics.

Syllabus

For each school of economic thought considered in this module, we will consider their key tenets, thinkers and contemporary relevance and developments. The schools may include but are not necessarily limited to:
- ‘Mainstream’
- Institutional
- Austrian
- Post-Keynesian
- Marxist

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	11	1.00	11.00
Seminar	5	1.00	5.00
Private study hours			84.00
Total Contact hours			16.00
Total hours (100hr per 10 credits)			100.00

Private study

3 hours of private study per lecture: 33 hours
6 hours preparation per workshop: 30 hours
Final assessment work/revision: 21 hours

Opportunities for Formative Feedback

Seminar leaders will offer verbal feedback on class contributions. Students will be able to submit draft work for peer and tutor feedback.

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
Essay	3000 words	100.00
Total percentage (Assessment Coursework)		100.00

The resit for this module will be 100% by coursework.

Reading list

The reading list is available from the Library website

Last updated: 18/09/2019

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