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This module provides students with foundational knowledge in economics, crucial for studies in political science and public policy. It explores how policymakers can utilize economic insights to address social issues. The objective is to equip students with the skills needed to answer this pivotal question. Instruction is delivered through a combination of lectures and seminars, offering both practical and theoretical insights to those with minimal or no background in economics. For students with limited experience in the field, it serves as an introduction to "thinking like an economist," while also emphasizing the importance of further exploration into equity and a critical examination of the fundamental assumptions underpinning economic thought. The module examines economic theories and concepts, as well as the interaction between politics and economics. Upon completing this module, students will be able to:

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• Explain the core principles and theoretical concepts in economics;
• Articulate the unique contribution of economics to understanding politics and evaluating public policy;
• Apply fundamental economic principles and tools to various contemporary debates in politics and public policy;
• Comprehend the rationale and economic implications of government policies.

The focus of the module is on the conceptual and methodological tools necessary to grasp the economic perspective on policymaking. Topics covered include markets and market failures, efficiency and equity, evaluation, trade, and recent developments in public economics. The aim is to foster analytical skills and an intuitive grasp of economic issues.

This introductory course has no prerequisites.