Applications in Economic Policy: Policy Analysis, Formulation and Evaluation

Vrije Universiteit Amsterdam

Course Description

  • Course Name

    Applications in Economic Policy: Policy Analysis, Formulation and Evaluation

  • Host University

    Vrije Universiteit Amsterdam

  • Location

    Amsterdam, The Netherlands

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • ECTS Credits

    6
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    COURSE OBJECTIVE
    The objective of this course is to develop your capability to independently analyse a policy issue, design a policy response, or evaluate a policy intervention from an economic point of view.

    Specific learning outcomes upon completion of this course are:

    • you are able to identify a relevant (economic) policy issue, to motivate the urgency of the issue, and to formulate an appropriate research question;
    • you are able to locate relevant economic theory in the literature and to apply it correctly in order to analyse the policy issue and to identify the economic rationale of potential or actual policy responses;
    • you are able to identify, interpret and compare empirical findings from the economic literature to describe the policy issue, and/or the behavioural response of the market and government actors, and/or the impact of these responses;
    • you have developed a critical attitude to the relevance and shortcomings of empirical data compared to theoretical requirements, and have become aware of limitations in insights that can be gained from theoretical reasoning alone when addressing real-life issues;
    • you are able to present your findings clearly to academic expert and non-expert audiences;
    • you are able to work independently, while incorporating relevant feedback into their work;
    • you are able to give constructive feedback to peers.

    COURSE CONTENT
    In this intensive period course, you work in a policy area of your choice (e.g. international financial systems and banking regulation, macro policy, development and growth, environment, urban/transport, health, human capital, competition policy, industrial policy). You write an economic policy-oriented research paper focusing on policy analysis, design and/or evaluation.

    TEACHING METHODS
    One introductory lecture followed by weekly working groups (compulsory attendance)

    TYPE OF ASSESSMENT
    Paper, presentation and working group participation

    ENTRY REQUIREMENTS
    Foundations of Microeconomics and Development of Macroeconomic Thought

    RECOMMENDED BACKGROUND KNOWLEDGE
    Business Cycles and Stabilization Policy and Structural Policy

Course Disclaimer

Courses and course hours of instruction are subject to change.

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