This was provided by the teacher and it basically shows us guidelines on how to gain good marks. E.g. reference and what he specifically wants. Thanks
Division of, Economics and International Business
MODULE INFORMATION PACK
Methodology and Diversity
In Economics
Yr. 2016/17
MODULE INFORMATION PACK
Aims:
The module aims to introduce students to the fundamentals of the philosophy of science, to apply these to economic learning and to use them to begin to inform a critical understanding of the discipline. The module also provides an introduction to the diversity of approaches used by economists. Throughout, the emphasis will be upon learning to ask better questions rather than
providing “correct” answers.
Learning Outcomes:
On completion of this module students will be able to:
Understand basic philosophy of science and its relevance to economics
Appreciate the scientific status of the discipline
Distinguish between competing economic methods
Relate economic perspectives to their political, social and historical contexts
Express cogent critical views on the progress of economics.
Learning Process:
The module will be delivered in a traditional manner using lectures and handouts. One hour per week will be devoted to a lecture in which the topics given in the syllabus below will be explained. Students will also be required to attend a one-hour group tutorial. Tutorial questions for each session are provided in advance. These should be worked through before the class so that time can be spent on clarification and discussion.
Assessment Strategy:
Assessment is by two pieces of coursework . These are weighted 30:70
Syllabus Summary:
Inductivism – Aristotle to Mill
Deductivism – Plato to Descartes
Critical Rationalism – Karl Popper and Falsificationalism
The Structure of Scientific Revolutions – Thomas Kuhn
Scientific Research Programmes – Imre Lakatos
Against Method – Paul Feyerabend
Economics as a Positive Science – Milton Friedman
Why Economics is not yet a Science – Alfred Eichner
Neoclassical Research Method
Empirical Research Method
The Rhetoric of Economics – Deirdre McCloskey
The Classical Tradition – Smith, Malthus, Mill, Ricardo
Evolutionary and Institutional Perspectives – Veblen to Galbraith
Austrianism and Libertarianism – Menger to Buchanan
The most useful books for the first part of the Module are:
Mark Blaug, The Methodology of Economics or How Economists Explain (Cambridge University Press 1992).
Boumans and J. Davis, Economic Methodology: Understanding Economics as a Science (Palgrave-MacMillan 2010)
Tim Lewens, The Meaning of Science (Pelican 2015)
The following books are also useful but only the first is still available for purchase. Library copies are available.
Sheila C. Dow, Economic Methodology: an inquiry (Oxford University Press 2001)
Pheby, Methodology and Economics – A critical Introduction (MacMillan 1988)
Mair and A. Miller, A Modern Guide to Economic Thought (Edward Elgar 1992)
The Module is essentially a guided reading course therefore prescribed reading will be provided on a weekly basis.
Assessment No. 1 (30%of module mark):
Answer the following question
To what extent is the study of scientific method useful to the Economist in assessing the validity of economic knowledge? (This has been completed already)
Assessment No. 2 (70% of module mark):
“The existence of methodological diversity in economics is confirmation that the subject cannot achieve full scientific status and therefore its practical use is severely limited.” Critically analyse this statement. (This is the one that need to be done by you, as you can see it is worth 70%) thanks
.
Note: Both assessments will be preceded by a series of compulsory, timetabled, personal tutorials. A separate timetable will be issued for these. Failure to attend these will result in ineligibility to submit the coursework.
Submit your answer, not exceeding 3000 words on 7th April 2017. Conditions of submission regarding format and deadline are as above.
General assessment criteria are given below. More detailed and specific assessment criteria will be provided at an Assessment Briefing in class and during the personal tutorials.
General Assessment Criteria: Marks will be awarded for evidence of:
Ability to identify, find and use the appropriate resources for the completion of the assignment
Ability to reference accurately, using the Harvard system
Understanding of the issues raised by assignment and the ability to identify and apply the appropriate economic theory
Ability to produce written work that is clear, concise and well organised, with a logical structure and a well argued conclusion based on evidence
Originality
Presentation – particular points are:
Word process, with double spacing, ( & triple between paragraphs)
Write out the title in full
Use short clear sentences and reasonable long paragraphs – a new paragraph for each point raised together with supporting evidence, examples, etc.
Number the pages, keep a copy, staple together with an ‘assessed work record’ (pink sheet). Do not use plastic wallets or similar.
Use spellcheck and proof read to eliminate careless errors.
Extenuating Circumstances:
These may only be granted upon submission of the requisite documentation and and at the discretion of a Review Panel.
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