CE50216: Whole systems analysis: social, economic and policy aspects
[Page last updated: 15 October 2020]
 Academic Year: | 2020/1 |
| Owning Department/School: | Department of Chemical Engineering |
| Credits: | 6 [equivalent to 12 CATS credits] |
| Notional Study Hours: | 120 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
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| Assessment Summary: | EX 100% |
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| Description: | Aims: To: * Ensure the student can appreciate the social, economic, cultural, ethical, regulatory and political context that modern engineers work within and be able to evaluate and assess (process) sustainability and make decisions based on these criteria. * For the students to obtain an understanding of motivators and priorities of the different stakeholders they will work with in their future career. Learning Outcomes: On successful completion of this unit the student will be able to: * Understand how effective policy to control environmental pollution is designed and implemented and critically evaluate it * Prepare and critique an economic assessment: state the principle behind it and its limitations * Explain the role of such aspects as business ethics, corporate power, governance and corporate social responsibility for technology implementations and resource extractions Skills: * The ability to conceptualise complex systems and their interaction across environmental, social and economic dimensions (T,F,A) * An awareness of the professional, ethical and social responsibilities of an engineer and their role in sustainable development (T,F,A) * The ability to effectively communicate efficiency opportunities to key stakeholders and present the case for investment (T,F,A) * The ability to deal with complex issues, solve problems and make decisions in the context of multiple criteria and stakeholders in a systematic and creative way (T,F,A) * Initiative and personal responsibility in individual and group activities (F,A) * The ability to understand different roles and work effectively in a team (F,A) * An awareness of the competing constraints under which specialists in environmental engineering and sustainable chemical engineering operate (T,F,A) * The ability to understand and integrate information (which may be inconsistent or incomplete) drawn from other disciplines (social sciences, legislation, environmental sciences/management and economics) (T,F,A) * Communicate information effectively through oral presentation (T, F) * The ability to recognise and develop group working skills (T, F) Content: * Economic concepts: current economical thinking, economic concepts such as utility, incentives, efficiency, market failure, property right, taxes, subsides, command and control, cap-and-trade, and soft policies. * How policy is designed, implemented on national and international scale with a historical perspective. * Cost benefit analysis and life cycle costing methodology, net present value, pay-back, rate of internal return and economic assessment tools and discount rate analysis. * Risk management and assessment. * Business ethics, corporate power, market psychology, governance and corporate social responsibility. * Current developments and prospects, e.g. government policies and development of renewable energy sources * What makes an effective oral presentation and group work and reflecting to improve performance. * Tools for brainstorming, organizing information and multi-criteria decision making. |
| Programme availability: |
CE50216 is Compulsory on the following programmes:Department of Chemical Engineering
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