Delivery Type | Delivery length / details |
---|---|
Lecture | 1 x 2 hour lecture per week |
Lecture | 1 x 1 hour lecture per week |
Practical | 5 x 3 hour practicals per semester |
Assessment Type | Assessment length / details | Proportion |
---|---|---|
Semester Assessment | Case study application Outcomes assessed: 1, 2, 3, 4 | 50% |
Semester Exam | 2 Hours Outcomes assessed: 1, 2, 3, 4 | 50% |
Supplementary Exam | 2 Hours Outcomes assessed: All | 100% |
On completion of this module, students should be able to:
1. Critically discuss econometric principles and their application to policy evaluation tools;
2. Critically discuss the issues relating to the design, administration and analysis of economic tools for policy evaluation;
3. Critically evaluate the merits of a range of policy evaluation tools;
4. Critically discuss peer-reviewed publications and policy relevant evaluation studies.
This module aims to provide students with the knowledge and skills required to undertake and critically assess the merits of a range of economic tools for the evaluation of rural and environmental policy. The tools discussed in the module include contingent valuation, choice experiments, travel cost method and cost-benefit analysis. To develop expertise in these methodologies, students will first develop a critical understanding of econometric principles. Based on this background, students will then be required to critically assess a series of methodological peer-reviewed papers and contemporary policy evaluation studies, as well as analyse actual datasets from recent studies. Finally, students will be required to develop and critically assess their own case study example of a policy evaluation tool.
This module is at CQFW Level 6