Course Description

Course Name

Economic Policy

Session: VSRS3122

Hours & Credits

20 SCQF Credits

Prerequisites & Language Level

Advanced Microeconomics, Advanced Macroeconomics

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

This class covers various topics which require an understanding of advanced micro and macro models and
theories (e.g. theories of central bank credibility; models of societal welfare). The module will discuss
the current state of the British economy, fiscal and monetary issues of current concern in the UK, pension
funding, the housing market, the private finance initiative, economic problems of the Credit Crunch costs and
benefits associated with a Monetary Union, endogeneity of Optimal Currency Area major economic issues of
the European Monetary Union Community - fiscal policy, monetary policy analysis of the financial markets in
the Euro Area.

*Course content subject to change