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ES10008: Economic policy in the UK

[Page last updated: 02 August 2022]

Academic Year: 2022/23
Owning Department/School: Department of Economics
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Certificate (FHEQ level 4)
Period:
Semester 2
Assessment Summary: EX 100%
Assessment Detail:
  • Examination (EX 100%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites: Before or while taking this module you must take ES10001 OR ( take ES10002 AND take ES10010 )
Learning Outcomes: Students should be able to
* identify central objectives of UK economic policy;
* characterise main institutions participating in and key instruments used in UK economic policies;
* describe and appraise key economic policy initiatives.

Aims: To provide students with a knowledge and understanding of economic policy-making in the UK. Specifically, to develop a knowledge base with respect to the goals, instruments and institutions in key areas of UK economic policy. To present an analysis of how policymakers address major problems of the British economy, including an analysis of the achievements of economic policy initiatives with respect to solving these problems.

Skills: Analysis of statistical information; analytical thinking; critical reading; discussing ideas; relating basic theoretical principles and concepts to contemporary debates and policy issues; communication skills.

Content: Topics covered include: the structure of the UK economy; performance and problems of the UK economy; fiscal policy; monetary policy; employment policy; industrial policy; competition and regulatory policies.

Programme availability:

ES10008 is Compulsory on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 1)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 1)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 1)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 1)

ES10008 is Optional on the following programmes:

Department of Economics
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 1)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 1)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 1)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 1)
Department of Politics, Languages and International Studies
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 1)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 1)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 1)

Notes:

  • This unit catalogue is applicable for the 2022/23 academic year only. Students continuing their studies into 2023/24 and beyond should not assume that this unit will be available in future years in the format displayed here for 2022/23.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.