ES30170: Technological change and sustainability
[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: | Honours (FHEQ level 6) |
| Period: |
|
| Assessment Summary: | EX100 |
 Assessment Detail: |
|
| Supplementary Assessment: |
|
| Requisites: | Before taking this module you must take ES20012 AND take ES20014 |
| Learning Outcomes: | Students will learn how to derive and assess policy relevant implications at an advanced level with an emphasis on most recent developments in the context of dynamic general equilibrium models.
Students will acquire the competence and the awareness of areas of controversy and debate and therefore achieve a critical understanding of recent advancements in the area of dynamic macroeconomics at the interface between technology and sustainability. On successful completion of the unit students will have developed a systematic knowledge and critical awareness of advanced theory and its current limitations. A comprehensive understanding of relevant analytical techniques in terms of dynamic general equilibrium models. Students will be able to critically reflect relevant models in terms of their empirical relevance. |
| Aims: | To explore and analyse the socio-economic as well as the environmental consequences of technological progress rather than its origins. Against this background, the unit addresses two macroeconomic trends that will affect the political agenda in the next decades: (1) automation and AI, and (2) climate change.
The economics discipline has acknowledged these challenges, but it has yet to rise to inform societies and policy makers adequately. In light of these demands, the unit addresses insights and policy relevant implications at an advanced level with an emphasis on most recent developments. |
| Skills: | Ability to develop rigorous arguments through precise use of concepts and mathematical models. (Taught/Facilitated/Assessed)
Ability to select, summarize and synthesize written information from multiple sources. (T/F/A) Ability to select and use appropriate ideas to produce a coherent response to a pre-set question. (T/F/A) Comprehensive and scholarly written communication. (T/F/A) |
| Content: | Skill-biased technological change; education and human capital; automation; artificial intelligence; environment and directed technological change. |
| Programme availability: |
ES30170 is Optional on the following programmes:Department of Economics
|
Notes:
|