ECX2400 Design and evaluation of economic, public, and social programs
Faculty of Business and Economics
ECX2400 Design and evaluation of economic, public, and social programs is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 at Clayton. It needs ECW1101, ECB1101, ECF1100 or ECC1000.
- Credit points
- 6
- Offered in 2023
- Semester 1
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review ECX2400.
Requisites
Before ECX2400
Prerequisites
Pass these before you enrol.
After ECX2400
No unit lists ECX2400 as a prerequisite in the 2023 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
This unit provides an introduction to evidence-based methods for analysing a range of challenging social and economic problems that society is faced with. The key emphasis is on the applications of econometric methods to microeconomic and experimental data for a range of policy-relevant issues. You will learn to apply economic theories as well as evidence gained from randomised controlled experiments and natural experiments to analyse problems concerning discrimination, education, health, and immigration. You will also learn techniques for evaluating the effectiveness of policies and programs designed to address these problems.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify and describe the way in which economists apply microeconomic theories and concepts to analyse various economic and social problems
- 2
identify and describe the way in which economists evaluate theories and policies
- 3
apply empirical methods to test the predictions of economic theories and evaluate the effectiveness of economic, public, and social programs
- 4
critically evaluate and effectively communicate current debates on policy-relevant issues
- 5
demonstrate the ability to evaluate the contributions and limitations of economic analysis for understanding and informing policy options.
Workload and teaching
- Lectures24 hours
- Tutorials12 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Angrist, J. D., & Krueger, A. B. (1991). Does Compulsory School Attendance Affect Schooling and Earnings?. The Quarterly Journal of Economics , 106(4), 979-1014.
Where it fits
ECX2400 is part of 2 areas of study in the 2023 handbook.
Contacts
- Chief Examiners
- Rigissa Megalokonomou
Common questions
What are the prerequisites for ECX2400?
You need ECW1101, ECB1101, ECF1100 or ECC1000 before you enrol. Enrolment rules also apply.
When is ECX2400 offered?
In 2023, ECX2400 runs in Semester 1 at Clayton.
How much work is ECX2400?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECX2400 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ECX2400?
ECX2400 is part of Economics; and Economics and business strategy.