Policy, Economy, and Society (B-KUL-HMA76A)
Aims
This course evaluates the following learning outcomes:
The student
1.1 Understands the complexity of the evaluation problem, adopts a critical stance towards evaluation results and is capable of explaining in applied settings to what extent evaluation results depend on assumptions
1.2. Collects and consults information and data sources about relevant social and economic domains
2.3. Explores and gains insight in central debates and challenges of social and economic challenges
3.2. Assesses the strengths and weaknesses of an empirical policy evaluation study
3.3. Assesses the quality of policy measures in the light of defined socio-economic challenges
3.4. Defines and weighs evidence-based strengths and weaknesses of policy measures
10.1 Observes new societal and economic debates and challenges with regard to public policy
Previous knowledge
In order to be able to follow this course, required prior knowledge is:
- General economic background in micro- and macro-economics
- Statistical and econometric knowledge of descriptive and inferential statistics, at least general knowledge of regression approaches.
It is strongly advisable to have completed the following courses first:
- Micro- and macro-economics
- (Economic) sociology
- Policy Evaluation (techniques of causal inference)
Is included in these courses of study
- Master handelsingenieur (Leuven) 120 ects.
- Master handelsingenieur (Leuven) (Minor: European affairs management) 120 ects.
- Master of Business Engineering (Leuven) (Minor: European Affairs Management) 120 ects.
- Master of Business Administration (Brussels) 60 ects.
- Master of Business Administration (Brussels) (Track European Public Policy and Management) 60 ects.
- Courses for Exchange Students Faculty of Economics and Business (Brussels)
Activities
6 ects. Policy, Economy, and Society (B-KUL-HMA76a)
Content
The course Policy, Economy and Society aims to integrate the knowledge about policies tackling societal and economic problems, in the light of the student’s hands-on managerial approach to policy challenges. This is achieved through the introduction and discussion of a limited number of policy problems and responses in social and economic areas. The introduction is complemented by the active discussion of research papers and debates in those domains. The domains that are treated, are quite diverse and touch upon economic approaches to social and political problems. The selected papers adopt a diversity of policy evaluation methods. Therefore, the course has the ambition to integrate econometric, economic, and social-scientific knowledge and skills with some soft skills, particularly related to assessing, presenting, and discussing research and policy.
Course material
For each topic, course material consists of general texts (chapters from textbooks, journal articles,…) and one or two articles, to be read as a preparation for part 2. All course material is posted on Toledo.
https://webapps.odisee.be/Ancor/SSM/Pages/BekijkSSM.aspx?OID=24079
Format: more information
The course consists of three parts; the latter two are parallel but distinct parts. They should make clear that being present throughout the semester is essential, in terms of learning opportunities as well as grading.
The introduction consists of a general overview of the course, and potentially of a discussion of aspects of public management and policy evaluation.
In the second part, students attend lectures introducing five or six topics of policy problems. Depending on the problem, the central contemporary research debates and the state of affairs are sketched and discussed. Some of these debates typically build on previous knowledge gained in (public) economics and management theory, and problems of measurement and design are discussed throughout the lectures.
The third part deals with the same problems, but here one student or a small group of students discuss(es) and assess(es) an applied research paper: problem, methodology and design, results, and reception. Another student will serve as a discussant, and shortly debate the presentation, thus introducing a class discussion.
Evaluation
Evaluation: Policy, Economy, and Society (B-KUL-H75077)
Explanation
Evaluation characteristics
Four elements lead to the final score:
- After the lectures (more or less in the middle of the semester), an interim test is taken. This test is an open-book test.
- Presentation by the student of a seminal article
- Reviewing a presentation by another student
- Participation during class discussions
If students fail to submit a presentation on time, they will not be able to present a review either (because of the dependence on the same amount of students presenting and reviewing). This will lead to a zero score on this part.
Determination final result
The grades are determined by the lecturer as communicated via Toledo and stated in the examination schedule. The result is calculated and communicated as a whole number on a scale of 20. The interim test accounts for 30% of the final grade; the presentation accounts for 40%; the reviewing and participation for the remaining 30%.
Second exam opportunity
Students who did not pass will have a second exam opportunity. The grade obtained based on the permanent reviewing and participation (points 3 and 4) are transferred from the first exam opportunity. The second exam opportunity then exists of the following elements:
- A theoretical test, mimicking the open book test (different questions);
- A presentation of a seminal paper, with an ensuing discussion with the professor(s), based on an article set by the professor(s).
If the student passed the open book test or the presentation in the first exam opportunity, s/he can choose to transfer the score to the second exam opportunity.
Information about retaking exams
Students who did not pass, will have a second exam opportunity based on the following elements:
1. A theoretical test;
2. A paper, providing a systematic review of a set topic regarding policy of a socio-economic problem.