All of us as citizens are affected by government policies, and governments place particular emphasis on economic policies. These are therefore prominent in political debate and in the news. Yet few people have the knowledge to be able to evaluate claims and counter-claims. This Public Policy Economics course at University of Oxford covers some of the most important questions about the aims and tools of economic policy, ranging from competition policy and regulation to industrial policy, from public spending choices to incorporating behavioural psychology 'nudges' in policy decisions. It covers the role of the state versus the market, and the government's responsibility for sustainability. It will equip students to evaluate the economic arguments made about public policy choices.
This course aims at University of Oxford to:
- Explore the rationale for public policy interventions in the economy.
- Provide an overview of a wide range of areas of applied microeconomics used in public policy, including relevant historical and international experience.
- Discuss the role of economics in the political process; (iv) provide an introduction to the evaluation of economic policies. It will have some interdisciplinary elements, in touching on political economy and behavioural economics.
This course will enable participants to:
- Demonstrate an understanding of the criteria for successful microeconomic public policy interventions.
- Show understanding of the reasons for the variation in policy interventions over time and in different contexts.
- Evaluate critically policy proposals, including demonstrating awareness of sources of empirical evidence.
- Demonstrate knowledge of specific topics in public policy economics.
- Contribute to public and policy debates about a range of economic issues.
By the end of this course the participants will understand:
- The importance of definitions and ethics in framing policy questions and public debate.
- The limitations of both states and markets in collective action.
- The many trade-offs and choices that inevitably arise in economic policy.
By the end of this course students will be expected to have gained the following skills:
- Critically evaluate data, evidence and arguments about economic policy questions.
- Contribute to debates themselves in a more evidence based way.
- Link policy choices to social welfare, or ethical, goals.
- Connect economic trade-offs with issues of political choice and practical implementation.
FHEQ level 4, 10 CATS points
- The aims of public policy
- Social welfare and growth
- Market Failures
- State ownership, privatisation and regulation
- Industrial policy
- Social choice and individual choice
- Social security
- Behavioural public policy
- Government Failure
- Evaluating public policies
- 3 months
Start dates & application deadlines
- StartingApply anytime.
DisciplinesEconomics Accounting Public Policy View 13 other Short Courses in Accounting in United Kingdom
We are not aware of any academic requirements for this programme.
- You will be set two pieces of work for the course. The first of 500 words is due halfway through your course.
- This does not count towards your final outcome but preparing for it, and the feedback you are given, will help you prepare for your assessed piece of work of 1,500 words due at the end of the course. The assessed work is marked pass or fail.
This course is delivered online; to participate you must to be familiar with using a computer for purposes such as sending email and searching the Internet. You will also need regular access to the Internet and a computer meeting our recommended minimum computer specification.
International300 GBP/fullTuition FeeBased on the tuition of 300 GBP for the full programme during 3 months.
EU/EEA300 GBP/fullTuition FeeBased on the tuition of 300 GBP for the full programme during 3 months.
Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
Apply and win up to €10000 to cover your tuition fees.