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EconomicandSocialPolicy

Stage

3

Semester

1

ModuleTitle

EconomicandSocialPolicy

ModuleReferenceCode

H8ESP

Status(M/E)

Mandatory

ECTSCredit

10

ModuleNFQLevel

8

Pre-requisiteModules

Code

Title

Co-requisiteModules

Code

Title

Capstone(Y/N)

ContactHours

Non-ContactHours

Total

Lecture

Practical

Tutorial

Seminar

Assignment

Placement

Independent

24

24

202

250

AllocationofmarkswithintheModule

ContinuousAssessment

Project

Practical

TerminalExamination

Total

%Contribution

50%

50%

100%

IntendedModuleLearningOutcomes

Onsuccessfulcompletionofthismodule,learnerswillbeableto:

LO1. Developadetailedunderstandingofconceptsandtheoriesrelevanttokeyeconomicandsocialpolicyissues.

LO2. UserelevanteconomicprinciplesandeconomicinterpretationtocriticallydiscussIrishandEuropeaneconomicandsocialpolicyissues.

LO3. AnalysethedifferentformsofGovernmentinterventionintheeconomy,itsjustificationanditsinstruments.

LO4. AnalysetheeconomicimplicationsofIrelandasasmallopeneconomy.

ModuleObjectives

ThepurposeofthismoduleistointroduceparticipantstosomeofthekeyeconomicandsocialpolicyissuesinvolvedinIrelandandthebroaderglobaleconomy.Itisprimarilyconcernedwithensuringthatparticipantscanapplyeconomicconceptstoexaminepast,currentandfutureeconomicandsocialpolicyissues.ThisinvolvesexaminingtheroleofGovernmentinterventionintheeconomyandthecriticalexaminationofkeynationalandregionalpolicyobjectives.

ModuleCurriculum

INTRODUCTION

OverviewoftheIrisheconomysinceIndependence

TheCelticTigerphenomenon

Policyobjectivesforaregionaleconomy

MACROECONOMICPOLICYOBJECTIVES

Economicgrowthandefficiency

Economicgrowth,welfareandhappiness

Casestudy:QualityoflifeandaffluenceinIreland

Longtermeconomicperformanceandsustainability

Industrialisationanddeindustrialisation

Equityandincomedistribution:Theoryandtrends

Measuringthedistributionofincomeorwealth

Policyforpovertyandinequalityreduction

THEROLEOFGOVERNMENTINTERVENTION:Part1-Theory

HistoryofGovernmentinterventionintheeconomyandthewelfareeconomy

EconomicrationaleforGovernmentintervention(marketfailure)

SocialrationaleforGovernmentinterventionandthemoralityofthestate

Governmentfailure

THEROLEOFGOVERNMENTINTERVENTION:Part2-Practice

Governmentpolicyinstruments:PublicFinancesandfiscalpolicy

IrishandEuropeanfiscalpolicyincontext

Principlesoftaxation

TheIrishtaxationsystem

CorporationtaxandFDIinIreland

CONTEMPORARYIRISHECONOMICANDSOCIALISSUES

Demographictrendsandtheirimplications

Casestudy:ThehousingmarketinIreland

Theeconomicandsocialeffectsofmigration

Work,employmentandjobcreation

Regionaldevelopmentandsustainability

GovernmentinterventioninthehealthandeducationsectorsinIreland

Currentissues

EUROPEANECONOMICISSUESANDCOMPETITIVENESSOFTHEIRISHECONOMY

Thetheoryofeconomicintegration

EU’sstagesofintegration

Thesinglemarket

EuropeanMonetaryIntegrationOptimumcurrencyareasandmonetaryunions

EuroBenefitsandcostsofEMU

RegulationandCompetitionrulesinEuropeandinIreland

TheCommonAgriculturalPolicyanditsreforms

Irishindustrialpolicy:roleandperformance

Irelandinaglobalisedworldandpolicyimplicationsofglobalisation

TeachingandLearningStrategy

Thismodulewillbetaughtusingacombinationoflecturesandtutorialsthroughoutthesemesterwhichwillbesupplementedbyon-linematerial.Theoreticalmaterialwillbeengagedwithinalecture-basedformat,withon-goingformativeassessmentprovidedthroughoutthesemester.Participantswillbeguidedtowardssuitableonlinesupportingmaterialincludingvideos,onlinedatabasesandreportstosupplementthein-classlearningexperience.Practicalapplicationsofeconomicandsocialtheoriesandpolicies,appliedcase-studiesandgrouppresentationswillbeundertakeninasmallertutorialsettings.

AssessmentStrategy

AssessmentType

AssessmentDescription

Outcomeaddressed

%oftotal

AssessmentDate

Project

Thecontinuousassessmentwillconsistofaprojectwhereparticipantsarerequiredtoreviewcurrentpolicymeasuresinanallocatedarea(Macroeconomicstability,taxationsystem,socialprotection,governanceandsustainability)anddevelopmentapotentialnewpolicymeasureintheareawhichwouldpositivelyenhancetheeconomyorsociety.Participantswillbeexpectedtousedatawherepossibleandexamine,quantitativelyorqualitatively,theimplicationsoftheirchosenpolicymeasure.

1,2,3,4

50

n/a

TerminalExam

End-of-SemesterFinalExaminationTheendofsemesterexaminationpaperwillbetwohourslong,withLearnersrequiredtoansweressay-stylequestions.Allmaterialonthesyllabus,whichhasbeencoveredinlecturesandtutorials,isassessable.

1,2,3,4

50

End-of-Semester

ReassessmentDetail

Reassessmentofthismodulewillconsistofarepeatexamination.Itispossiblethattherewillalsobearequirementtobereassessedinacourseworkelement.

ReadingListandOtherResources

RecommendedBookReading

O’HaganJ.,andNewmanC.,Editors2014,TheEconomyofIreland,NationalandSectoralPolicyIssues,12thEd.Ed.,GillandMacmillan

Hogan,J.,Donnelly,P.F.,andO’Rourke,B.K.2010,IrishBusinessandSociety,Governing,ParticipatingandTransforminginthe21stCentury,GillandMacmillan

SocialJusticeIreland2014,Socio-EconomicReview(Annual):Stepstowardsafairerfuture,SocialJusticeIrelandhttp://www.socialjustice.ie/content/publications/socio-economic-review-2014

SupplementaryBookReading

DonovanD.andMurphyA.E2014,TheFalloftheCelticTiger:IrelandandtheEuroDebtCrisis,OxfordUniversityPress

Chang,H-J2014,Economics:AUser’sGuide,Pelican

TurleywithMaloneyandO’Toole2011,PrinciplesofEconomicsAnIrishTextbook,4thed.Ed.,GillandMacmillan

JacobsonD.MazzucatoM2014,TheNutsandBoltsofInnovation:NewPerspectivesonIrishIndustrialPolicy,Glasnevinpublishing

KinsellaS.andLeddinA.2010,2010UnderstandingIreland'sEconomicCrisis:ProspectsforRecovery,Blackhallpublishing

LeddinA.JandWalshB.2013,MacroeconomicsAnIrishandEuropeanPerspective,1sted.Ed.,GillandMacmillan

ParkinPowellandMatthews2011,Economics,8thEd.,AddisonWesley

Thismoduledoesnothaveanyarticleresources

OtherResources

Institutions/Thinktanks:www.esri.ie

Institutions/Thinktanks:www.cso.ie

Institutions/Thinktanks:http://www.tasc.ie/

Institutions/Thinktanks:http://www.socialjustice.ie/

Institutions/Thinktanks:http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/

Institutions/Thinktanks:/external/pubs/ft/fandd/fda.htm

Institutions/Thinktanks:http://www.forfas.ie/publication/search.jsp

Institutions/Thinktanks:http://www.eesc.eur

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