This module is intended to provide students with understanding of economic policy analysis capturing on the principles governing the formulation and implementation of efficient economic policies and institutions in a real world context, which they will be able to draw upon in their future work environments.

Indicative Content

Concept of Economic Policy   analysis: its definition, objectives, instruments, and efficiency criteria in market and non-market settings, Policy setting in an inter-temporal dimension, risk and uncertainty, stochastic dynamic analysis, Stabilizing  policies  and  policies  to  promote  structural  change,  economic growth, and macroeconomic objectives, Identification of economic problems, Political economy aspects and its impact on economic policy.