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2022/23 Undergraduate Module Catalogue

LUBS2675 How to be a Successful Policy Economist

10 creditsClass Size: 66

Module manager: Andrew Mearman

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2022/23

Pre-requisite qualifications

LUBS1940 Economics for Management
LUBS1951 Economic Theory and Applications
LUBS1952 Economic Theory and Applications for Finance

This module is approved as a discovery module

Module summary

The module prepares you for employment as a professional policy economist. Building on your knowledge gained in your study of economics you will be given the opportunity to apply that knowledge to practical economic policy issues. You will be given an opportunity to practise assessments essential for those seeking a career as a policy economist. You will gain an insight into the practical aspects of policy decision making.


This module explores the practical aspects of working as a professional practitioner policy economist. Pluralist economic theories are examined in the context of the economic and political environment. In particular market failure will be evaluated alongside government failure. Tools such as cost-benefit analysis will be applied to practical problems.

Learning outcomes
Upon completion of the module students will be able to:
- Identify and explain economic theories and models
- Describe the strengths, limitations and gaps in policy economics
- Discuss the main economic and political interpretations that shape the drivers and narratives of economic policy

Skills outcomes
Upon completion of the module students will be able to:
Subject specific
- produce a technical and policy analysis on current economic issues which synthesises economic theory and practical constraints

- write clear, concise and compelling communications
- work effectively in a team
- work within constraints
- promote ethical and self-awareness


Indicative Content:
Includes the synthesis of theory and practice in policy making. Theories and models will involve pluralist perspectives in the consideration of market and government failure. Welfare economics will include cost-benefit analysis and net present value

Teaching methods

Delivery typeNumberLength hoursStudent hours
Private study hours85.00
Total Contact hours15.00
Total hours (100hr per 10 credits)100.00

Private study

This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.

Opportunities for Formative Feedback

Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.

Methods of assessment

Assessment typeNotes% of formal assessment
Group ProjectGroup project30.00
Total percentage (Assessment Coursework)30.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Exam typeExam duration% of formal assessment
Standard exam (closed essays, MCQs etc)2 hr 00 mins70.00
Total percentage (Assessment Exams)70.00

The resit for this module will be 100% by 2 hour examination.

Reading list

There is no reading list for this module

Last updated: 29/04/2022 15:28:07


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