In this module, we will explore key contemporary issues in the world economy. Individual country differences have drawn different responses to these issues. Hence, countries have been exposed to different facets of problems. Therefore, policy requirements must be developed to fit the specific requirements of each country.
The assessment on this module is project-based, for which you will write a ‘country report’. The heart of the project will be the collection, collation and analysis of a range of economic data. You will analyse the data relevant to each policy issue, where you will analyse key problems and suggest and prioritise possible policies that might stimulate growth for the country chosen by you, under section headings that mirror the topic coverage of the lectures. This analysis will require you to apply your knowledge of economic theory, policy and research published in academic journal articles. In analysing the data, it is important to remember they are not just numbers but a manifestation of economic policies. You must thus connect the data to economic theory and real-world policies. Such skills, developed through this project, will be used by many of you on a day-to-day basis in your future careers.
Various activities will be undertaken in the seminars which have been designed specifically to help you understand which data to collect and how to present and to analyse the data in relevant ways. These seminar activities, details of which will be provided as we go through the year, will sometimes require you to collect data, to bring along to the classes for discussion. On these occasions, please also bring along your data on a memory stick. Feel free also to bring along a laptop, tablet, or the like.