Module Details

Module Code: ECON H4001
Full Title: Applied Economics 1
Valid From:: Semester 1 - 2019/20 ( June 2019 )
Language of Instruction: 
Duration: 1 Semester
Credits:: 5
Module Owner:: Alan Kelly
Departments: Unknown
Module Description: The aim of the course is to undertake a detailed study of the current economic issues surrounding government policy. To provide the student with concepts and tools of analysis which can be used to understand the business environment. To provide critical analysis in order to evaluate how resources can be organised in an economy so that it is capable of sustainable development.
 
Module Learning Outcome
On successful completion of this module the learner will be able to:
# Module Learning Outcome Description
MLO1 Analyse our economic development and outward looking growth policy.
MLO2 Critically evaluate Government policy in Ireland.
MLO3 Identify the features of markets and of regulation that would encourages greater economic efficiency
MLO4 Determine the role of labour markets in economic growth and vice versa
MLO5 Examine the relationship between growth, wellbeing and cohesion.
MLO6 The general development of critical facilities.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
 
Module Indicative Content
Background to present economic structure.
historical development: interaction between external and internal economic forces
Role of government policy in achieving economic objectives.
Use of Fiscal Monetary and Industrial Policy in shaping the socio-economic framework of the economy
The role of efficiency, markets and regulation in achieving sustainability.
Financing, planning, and control of markets to achieve economic efficiency in markets
Skills, Employment and economic growth
Relationships between the labour market, population growth, economic growth and prosperity
Growth, wellbeing and social cohesion.
Employment, Income distribution, social disadvantage and Poverty
Assessment of performance, future prospects and challenges.
Use of key economic indicators. Trend analysis with data from Employment, Trade, Balance of Payments, Fiscal and market data sets
Module Assessment
Assessment Breakdown%
Project30.00%
Final Examination70.00%
Module Special Regulation
 

Assessments

Full Time On Campus

No Course Work
Project
Assessment Type Project % of Total Mark 30
Marks Out Of 0 Pass Mark 0
Timing Week 10 Learning Outcome 1,2,3,4,5,6
Duration in minutes 0
Assessment Description
Individual project to critically examine the role of government intervention in a market economy with regard to increasing economic efficiency
No Practical
Final Examination
Assessment Type Formal Exam % of Total Mark 70
Marks Out Of 0 Pass Mark 0
Timing End-of-Semester Learning Outcome 1,2,3,4,5,6
Duration in minutes 0
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
A repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
Reassessment Description
Repeat examination held in August

DKIT reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 3.00 3
Directed Reading Non Contact No Description Every Week 3.00 3
Independent Study Non Contact No Description Every Week 3.00 3
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
Workload: Part Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 2.00 2
Directed Reading Non Contact No Description Every Week 4.00 4
Independent Study Non Contact No Description Every Week 3.00 3
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • O Hagan. (2014), The Economy of Ireland 12th edition, 12th edition. Gill and Macmillan, dublin, [ISBN: 9780717149735].
  • Center for Economic Research papers UCD.
  • TCD economic research papers.
Supplementary Book Resources
  • ESRI. Selected papers, Economic and Social Research Institute Dublin.
  • NESC. Selected papers, National Economic Social Council.
  • O Malley, E. Industry and Economic Development, Gill and Macmillan 1989.
  • Central Bank. Quarterly Report, CB.
This module does not have any article/paper resources
Other Resources