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Economics

Course overview

(Intl Diploma) International Diploma
Economics
Withdrawn
University of Essex
University of Essex
Essex Pathways
Colchester Campus
Certificate Higher Education
Full-time
DINTL104
http://www.essex.ac.uk/students/exams-and-coursework/ppg/ug/default.aspx
19/03/2014

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.

eNROL, the module enrolment system, is now open until Monday 21 October 2019 8:59AM, for students wishing to make changes to their module options.

Key

Core You must take this module You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study
Compulsory You must take this module There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study
Optional You can choose which module to study

Year 1 - 2019/20

Component Number Module Code Module Title Status Credits
01 IA704-4-FY Academic Literacy Compulsory 0
02 IA703-4-AU Applied Business Communication Compulsory 0
03 IA156-4-AP Methods of Economic Analysis Core 30
04 IA709-4-FY Introduction to Accounting and Finance Core 30
05 IA715-4-PS Introduction to Quantitative Economics Core 30
06 IA710-4-PS Introduction to Economics Core 30

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

To develop and acquire the productive and receptive language and academic skills needed for successful participation at undergraduate level in a British university.
These include both linguistic and communicative competence skills; academic writing; reading efficiency; summarising, paraphrasing, quoting and referencing skills; avoiding plagiarism; the ability to work independently; numeracy skills.
To provide students with a basic understanding of economic principles and theories, and accounting concepts.
To equip students with the basic tools of quantitative methods needed to solve theoretical or applied economic problems.
To provide students with the necessary skills of the main analytical methods used in economics.
To establish an awareness of the integration of theory, data and analysis.
To enable students to develop lines of argument and sound judgement by abstracting and synthesising relevant data.
To develop in students an awareness of how to construct logical and coherent arguments.
To help students develop and manage their own learning and personal development for the future, working alone and with others.
To provide students with the transferable skills necessary for employment, including analytical, problem-solving, written and oral communication, and group work.
To develop in students the skills appropriate to the study of economics, and to provide the basis for them to develop the necessary level of knowledge required to progress to Year 2 of a relevant degree course in the Department of Economics.

Learning outcomes and learning, teaching and assessment methods

On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

A: Knowledge and understanding

A1 Analyse a specified economic problem and choose the most appropriate methods for its solution
A2 Basic understanding of the application of economic reasoning to the study of relevant problems and policies.
A3 Knowledge of the basic methods used for the analysis and evaluation of economic issues.
A4 Understanding of the basic mathematical methods needed to articulate economic theories.
A5 The application of economic principles to individual decision making and to the performance of the economy.
A6 Understanding of the fundamental accounting and finance concepts and principles.
A7 Recognise and use the appropriate lexical and discourse structures of the economics subject area.
A8 Improve language accuracy and fluency.
Learning Methods: Lectures and classes Tutorials Directed reading Individual and group tasks Modules are taught through lectures, classes, laboratory classes, seminar discussions, tutorials and student presentations, with both peer and tutor feedback.
Lectures are the principal method of delivery for the principles, concepts and arguments in A1-A8.
Students are also assigned readings from textbooks, academic journal papers and on-line resources.
Students’‘ understanding is reinforced by classes and tutorials (outcomes A1- A8).
Laboratory sessions are provided to support learning of econometric methods (A4, A5).
Individual tutorials also provide additional support especially for outcomes A4, A5, A7 and A8.
Assessment Methods: Unseen written examinations, assessed reports and assessed essays

B: Intellectual and cognitive skills

B1 Analyse a specified economic problem and choose the most appropriate methods for its solution
B2 Construct reasoned, informed and concise descriptions and assessments of economic ideas.
B3 Evaluate theories and empirical evidence, marshal evidence, formulate an economic argument and present ideas in a coherent and effective manner.
B4 Manipulate and analyse data (including accounting and financial data) and appreciate the nature and limitations of basic statistical concepts.
B5 Use language accurately and appropriately.
B6 Synthesise information from a variety of sources with appropriate acknowledgement and integrate this into presentations or written work
B7 Develop the ability to be reflective and independent learners
B8 Develop the ability to organise their time in an efficient and effective manner
Learning Methods: Lectures and classes Tutorials Directed reading Individual and group tasks Students’‘ acquisition of intellectual and cognitive skills, B1-B8, is enabled primarily through lectures and further sustained via classes and tutorials.
Outcome B1 is developed particularly in exercises designed for core economic theory, mathematical methods and quantitative methods classes.
Outcomes B2, B3 and B4 are key elements in students’‘ preparation for assignments.
The two non-credit bearing modules IA703 and IA704 offer extra tuition and provide opportunities to acquire and enhance their skills for the outcomes B5, B6, B7 and B8.
Assessment Methods: Unseen written examinations, assessed reports and assessed essays

C: Practical skills

C1 Identify, select and gather information from a variety of relevant sources.
C2 Present economic ideas and arguments coherently in writing.
C3 Use and apply economic terminology and concepts.
C4 Present data in an appropriate format
C5 Perform financial analysis; preparation and analysis of financial statement.
C6 Demonstrate a range of academic skills, including effective note-taking, summarising, paraphrasing and quoting, accurate listening skills and active participation in class discussion.
C7 Present an argument in oral presentations; plan, draft and revise written assignments in an appropriate style, referenced according to academic conventions.
Learning Methods: C1 is developed via directed reading from textbooks and academic journal articles together with searches for online materials.
C2 is developed through lectures and is practised extensively in class.
C1,C6 and C7 learning outcomes are also acquired during lectures and classes, and as a consequence of studying course materials.
C3, C4, C6, C7 are practiced extensively in class and articulated in the preparation of assignments and exams.
C5 is developed in classes and is emphasised in the preparation of assignments and projects.
Assessment Methods: Achievement of practical skills C1- C7 is assessed directly through marked assignments, tests, group work, presentations, project work and unseen closed-book examinations.

D: Key skills

D1 Communication - A fundamental aim of the course is to develop cogent, coherent, appropriate and effective oral and written communication skills for a range of audiences. Students must be able to communicate arguments and ideas in different contexts and to write clear, concise and structured reports. An ability to communicate both mathematical arguments and textual accounts of basic ideas and concepts in economics and mathematics
D2 Information Technology - An ability to use relevant software products for supporting learning, including the use of statistical packages for data analysis. An ability to perform a variety of word-processing operations and to use the Internet for research. Students use PowerPoint for presentations and communicate with tutors by email, e.g. sending drafts of work as attachments. They are also required to use Moodle. An ability to locate and use on-line catalogues and databases.
D3 Numeracy - An ability to use basic mathematical techniques and to apply them to the analysis of statistical data and the solution of mathematical problems. An ability to make and interpret graphs and tables, for presentations and for written assignments.
D4 Problem solving - An ability to identify and evaluate various source materials, to apply concepts and solve problems, and to work out objectives and priorities. Students should be able to apply knowledge and understanding in order to make judgements and offer solutions in a range of contexts.
D5 Working with others - Pair and group work are an integral part of the course, and peer evaluation is also built in. There are opportunities for group projects in some modules.
D6 Improving own learning and performance - Students are encouraged to keep both learner diaries and records of their own learning and to work independently. Students should have the ability to work to briefs and deadlines; take responsibility for their own work; reflect on their own learning and performance and make constructive use of feedback
Learning Methods: D1 There is a continuous emphasis on effective communication.
Awareness of audience and appropriate linguistic and discourse choices is one of the main focuses of this course, especially in writing.
D2 Students will be trained in the use of widely used statistical computation packages such as Stata, PowerPoint for presentations and internet for research purposes.
D3 is taught through classes/tutorials and reinforced through data analysis exercises.
D1, D2, D4 and D6 will be learnt through writing summatively assessed and formative coursework and consequent feedback, both written and that obtained in oral sessions.
D4-D6 Students are expected to work in pairs and groups on a variety tasks.
In presentations students give and receive peer feedback, both oral and written.
Students are encouraged to reflect on their learning, especially in the non-credit bearing module assessment and individual tutorials.
Reflective tasks are also part of the coursework requirement.
Assessment Methods: Skills D1 and D4 are assessed through marked assignments, tests, term papers, projects and unseen closed-book examinations.

Skill D3 is assessed particularly through tests and unseen closed-book examinations.

Skill D6 is assessed indirectly through students' capacity to construct submitted work (assignments, term papers and projects for which feedback is given) and their study plans for unseen tests and examinations.


Note

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

Should you have any questions about programme specifications, please contact Course Records, Quality and Academic Development; email: crt@essex.ac.uk.