Course Details in 2024/25 Session

Module Title	LM Public Sector Economics
School	Government
Department	Public Administration and Poli
Module Code	08 31279
Module Lead	Peter Watt
Level	Masters Level
Credits	20
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
Description	This module focuses on the role of government intervention in the economy. The module provides students with an outline of how the market operates to organise economic activity and examines how the market may fail, thus opening the way for government intervention in the economy.
Learning Outcomes	By the end of the module students should be able to: Demonstrate an in-depth understating of how the market works to provide spontaneous organisation of economic activity Critically assess fundamental role of government in providing law and order, enforcement of contracts and national defence Demonstrate an in-depth understanding of the main forms of market failure; including those caused by externalities and public goods, and their implications for public sector intervention Critically discuss key features of a taxation system and budgeting in the public sector Demonstrate an in-depth understanding of economics in analysing the operation of the public sector
Assessment	31279-01 : Assignment : Coursework (30%) 31279-02 : Assignment : Coursework (70%)
Assessment Methods & Exceptions	Assessment: One x 1,000 word essay (30%) and One x 3,000 word essay (70%) Ressessment: 1 x 4,000 word essay
Other
Reading List