The Politics of Economics and the Economics of Politicians

Code

ECON1053

School

Economics

Level

1

Credits

10

Semesters

Autumn Malaysia

Summary

How does economics impact on politicians? And how do politicians impact on economics?  You will study both contemporary economics and the political leaders who have put economic theories into practice throughout history.

This course covered thefollowing topics:

• The scope and method of economics
• Alexander Hamilton and the role of state in the economy
• Sir Robert Peel and Free Trade
• The Meiji Emperor and Industrialisation
• Franklin D Roosevelt and Demand Management
• Ludwig Erhard and Supply Side Economics
• Margaret Thatcher and Monetarism and Rolling Back and State
• Deng Xiaoping and Growth, Development and Convergence

Target Students

Priority will be given to School of Economics students

Classes

• One 1-hour tutorial each week for 9 weeks
• One 1-hour lecture each week for 10 weeks

Assessment

• 20% Coursework 1: Group tutorial work
• 80% Exam 1 (1-hour): 1 hour exam

Assessed by end of autumn semester

Educational Aims

Learning Outcomes

On completing this module, student should be able to:

• A1 Demonstrate a broad knowledge of core areas of economics
• B1 Work with abstract concepts and in a context of generality
• C3 Be familiar with differing approaches to analysing a given economic problem and the history and development of economics ideas
• C4 Understand the context in which a problem is to be addressed
• D2 Communicate effectively and clearly in written and oral formats
• D5 Undertake independent study of a problem or subject

Conveners

• Dr Wing Leong Teo