ECON20060 Irish Economy

Academic Year 2021/2022

The aim of this module is to provide an account of the main features, performance and associated policy issues of the Irish Economy. Over the past 20 years, the economy of Ireland has experienced a Celtic Tiger boom, a recession, a recovery and a global pandemic that has coincided with the emerging reality of Brexit. In order to understand these occurrences and their implications, this module takes a holistic examination of the main features, performance and associated policy issues of the Irish Economy.

The module begins by considering the evolution of the Irish economy from over the 20th century and to the present day. What were the key features and policies adopted over this period? How did they affect the economy of Ireland? What lessons did/do they provide for later/future policy? With this backdrop, we then outline the key objectives of Irish economic policy and delve deeper to examine some of the policy issues at a national level and a sectoral level.

This module will cover some of the following topics this Trimester:
1. Overview of the Irish Economy: (i) From Independence to 1994 (ii) From Celtic Tiger to the present
2. Policy implementation
3. Inequality and Poverty
4. The Care Economy
5. Manufacturing and Internationally-Traded Services Sector
6. Education Sector


CORE TEXTBOOK:
O'Hagan, John , Francis O’Toole and Ciara Whelan (eds): The Economy of Ireland: Policy Making in a Global Context (14th edition), 2021, Bloomsbury
(Available in Campus Bookstore, OR order on-line https://shop.universitybooks.ie/Books/THE-ECONOMY-OF-IRELAND-POLICY-MAKING-I_9781350933811 for collection at Campus Bookstore or for delivery)

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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module you should be able to:

• Review and summarise relevant reading material on various key aspects of Irish economic policy and apply what you have learned to new data and situations;
• Explain the importance and relevance of the information contained in reading material on Irish economic policy;
• Apply basic economic thinking to issues of Irish economic policy;
• Compare and contrast different aspects of the policy debate surrounding Irish economic policy;
• Formulate a balanced, critical judgment on the status of each of these debates.

Indicative Module Content:

This module will cover some of the following topics this Trimester:
1. Overview of the Irish Economy: (i) From Independence to 1994 (ii) From Celtic Tiger to the present
2. Policy implementation
3. Inequality and Poverty
4. The Care Economy
5. Manufacturing and Internationally-Traded Services Sector
6. Education Sector

CORE TEXTBOOK:
O'Hagan, John , Francis O’Toole and Ciara Whelan (eds):
The Economy of Ireland: Policy Making in a Global Context (14th edition), 2021, Bloomsbury
(Available in Campus Bookstore, OR order on-line https://shop.universitybooks.ie/Books/THE-ECONOMY-OF-IRELAND-POLICY-MAKING-I_9781350933811 for collection at Campus Bookstore or for delivery)

Student Effort Hours: 
Student Effort Type Hours
Lectures

20

Autonomous Student Learning

90

Total

110

Approaches to Teaching and Learning:
Relevant articles posted on the various topics considered.
Opportunity for developing analytical and essay writing skills 
Requirements, Exclusions and Recommendations
Learning Requirements:

A knowledge of basic Principles of Microeconomics and of Macroeconomics is recommended for this module.

Learning Recommendations:

A knowledge of basic Principles of Microeconomics and of Macroeconomics is recommended for this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Assignment: Written Assignment 1 (submission end Week 4) Unspecified n/a Graded No

30

Assignment: Written Assignment 2 (submission start Week 8) Unspecified n/a Graded No

30

Assignment: Written Assignment 3 Week 12 n/a Graded No

40


Carry forward of passed components
No
 
Resit In Terminal Exam
Spring No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

After grade for an assignment has been returned to students, 'Feedback 'Office Hours' are posted - students, if they wish to, have the opportunity to make an appointment during these hours for feedback on their assignment

Core Textbook:
O'Hagan, John , Francis O’Toole and Ciara Whelan (eds): The Economy of Ireland: Policy Making in a Global Context (14th edition), 2021, Bloomsbury

Available in Campus Bookstore, OR order on-line https://shop.universitybooks.ie/Books/THE-ECONOMY-OF-IRELAND-POLICY-MAKING-I_9781350933811 for collection at Campus Bookstore or for delivery