A note to instructors

Economy, Society, and Public Policy
by the CORE ESPP team

Doing Economics: Empirical Projects
by Eileen Tipoe and the CORE ESPP Empirical projects working group

Target audience

Our target audience is students:


Continuing in economics

Course design principles

Flexible course design

Economy, Society, and Public Policy can be taught as a 12–13 week, or 10-week course. It introduces the key economic actors: firms, customers, employees, owners, borrowers, and lenders as well as government policymakers, citizens as voters, and the central bank, plus their market and non-market interactions.

ESPP and Doing Economics as part of a connected curriculum

If you are teaching a social science, engineering, business studies, or public policy programme in which students have to take an economics course and a quantitative methods course, you can use ESPP and Doing Economics projects to connect these parts of the curriculum.

Doing Economics: Empirical Projects

These hands-on projects are designed so that they can either be used independently, in conjunction with the ESPP units, or in conjunction with units from The Economy.

Suggested course structures

Semester 1: Economy, Society, and Public Policy

Using units from Economy, Society, and Public Policy:

Unit Title Doing Economics
1 Capitalism: affluence, inequality, and the environment Measuring climate change
2 Social interactions and economic outcomes Collecting and analysing data from experiments
3 Public policy for fairness and efficiency Assessing the effect of a sugar tax
4 Work, wellbeing and scarcity Measuring wellbeing
5 Institutions, power, and inequality Measuring economic inequality (Lorenz curves and Gini Coefficients)
6 The firm: employees, managers, and owners To come
7 Firms, customers, and markets To come
8 The labour market: unemployment, wages, and profits To come
9 The credit market: borrowers, lenders, and the rate of interest To come
10 Market successes and failures To come
11 Government, citizens, and public policy To come
12 Banks, money, and central bank policy To come

Semester 2, option 1: Macroeconomic policy

Using units on the aggregate economy from The Economy:

Unit Title
13 Economic fluctuations and unemployment
14 Unemployment and fiscal policy
15 Inflation, unemployment, and monetary policy
16 Technological progress, employment, and living standards in the long run
17 Capstone: The Great Depression, golden age, and global financial crisis

Semester 2, option 2: Economic Policies for innovation, sustainability, and fairness

Using units from The Economy on the future of work, globalization, inequality, environment, and innovation:

Unit Title
16 Technological progress, employment, and living standards in the long run
18 Capstone: The nation and the world economy
19 Capstone: Economic inequality
20 Capstone: Economics of the environment
21 Capstone: Innovation, information, and the networked economy