ECNP099 - Consultancy Project in Economics for Business and Policy

This module information is representative of what is included in the module in a given year. Details of actual reading, lectures, assessment and coursework may vary year to year and will be available at the beginning of the semester. 

Module Co-ordinator

Dr Mirko Moro

Semester

Summer

Level

11

Credit value

50

Contact hours

8 hours (392 hours of independent study) 

Assessment

100% coursework consisting of:

  • Project report (80%): A detailed discussion of the data collection and analysis carried out and the recommendations proposed to the client organisation (word count up to 15,000);
  • Client presentation (20%): 15 minute oral presentation to the client.

Resit opportunity available.

This module builds upon years of collaboration with private, public and non-profit organisations. It gives students an alternative to the ‘traditional’ individual dissertation and provides them with the opportunity to work on a practice-based action research project alongside an external client organisation. The focus for the project will be a real business challenge set by the client organisation and the students, working as consultants, will work towards finding appropriate solutions. Students can work individually or in groups depending on the nature and scope of the project.

The aims and objectives of the module

This module aims to enable the application of programme specific knowledge and skills to analyse a practical business challenge relevant to an external client organisation and in doing so enhance communication, project management and consultancy skills. Specific objectives of the module are: 

  • To enable students to develop a detailed understanding of the application of economic theory and evaluation methods and practices and the arising challenges to resolve issues in an action learning environment;
  • To develop students’ abilities in managing projects, client relationships, diverse sets of stakeholders and enhancing their team working skills;
  • To develop students’ abilities as learning economists, enabling them to continuously reflect and develop their formal and informal learning throughout their future careers.

Learning outcomes

By the end of the module, students are expected to have developed the following learning outcomes and skills:

Specific knowledge and understanding of current developments in the subject

  • Acquire knowledge, skills and experience for a successful career in business and policy analysis in public, private and non-profit sectors;
  • Develop an understanding of principles of economics and how these are applied to evaluate macroeconomic and microeconomic performances;
  • Develop an ability to design and apply data analysis to business and policy issues.

Generic skills (e.g. Information skills/oral and written communication skills/numeracy/team working/personal organisational skills)

  • Develop quantitative skills to enable the understanding and evaluation of official statistics, business and consulting reports, research and economic policy;
  • Develop and enhance capabilities and confidence for championing business and policy analysis across all type of organisations;
  • Understand the impact of sustainability on business and policy decisions and performance;
  • Develop consultancy skills.

Cognitive: (e.g. analytical/problem-solving/interpretative/critical reasoning)

  • Develop and enhance personal, critical, analytical, interpersonal, leadership and entrepreneurial skills.

Work Based Learning

Depending on the nature and scope of each project students may be based onsite (the student works at the organisation) or offsite (the student is based at their university) or a mixture of the two.

 

 

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