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Course profile

Ethics in Economics (ECON3460)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Undergraduate
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Economics School

Economics focuses on finding the best ways of using scarce resources, but what is 'best' for serving an individual's self-interest may not be 'right' in terms of the greater good. For policymakers who are expected to act in the interest of the wider population, what does it mean to say that 'society' is 'better off'? Changes in policy result in winners and losers, which raises questions of equity and fairness. This course examines the past, present and potential future relationships between ethics and economics, and questions the ethical side of choices made by individuals or groups. This includes what (not) to teach in economics and how this may influence the ethical outlook of social scientists.

Important note: In ECON3460 Ethics in Economics, maintaining a respectful and productive discourse is paramount. We encourage diverse viewpoints and open dialogue, recognizing that ethical considerations in economics can often be complex and contentious. To foster a positive learning environment, students are expected to engage with each other respectfully, listen actively, and contribute thoughtfully to discussions.

Adherence to the Student Code of Conduct is mandatory. This includes upholding academic integrity, avoiding any form of harassment or discrimination, and respecting the ideas and opinions of peers and instructors.

Public Holidays: Wed 14 August (Royal Queensland Show), Mon 7 October (King's Birthday).

In-Semester Break: 23 - 29 September. Semester 2 classes recommence Mon 30 September.

Course requirements

Prerequisites

You'll need to complete the following courses before enrolling in this one:

ECON1010 or 1011 or 2011

Course contact

School enquiries

Student Enquiries, School of Economics

All enquiries regarding student and academic administration (i.e. non-course content information, e.g., class allocation, timetables, extension to assessment due date, etc.) should be directed to enquiries@economics.uq.edu.au.

Enquiries relating specifically to course content should be directed to the Course Coordinator/Lecturer.

Course staff

Lecturer

Tutor

Mr Dominic Byrne

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

There is a single workshop for this course. Assessment is required to be submitted in some classes. Students are expected to take this into account when planning their semester activities.

Week 1 attendance is essential as students will need to choose their group and topic for assessment.

Aims and outcomes

This course examines the relationship between ethics and economics. By completing this course, students will be able to integrate moral philosophy with economic theory and practice.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Identify value judgements and ethical judgements inherent in economic theory and policy.

LO2.

Examine how ethical thinking and ethical decision-making can be applied in economic and social context.

LO3.

Apply ethical frameworks to decision-making in economic, social, and political contexts to address real world problems.

LO4.

Critically reflect on ethical responsibilities of economists in academic and policy debates.

LO5.

Communicate and defend ethical arguments in addressing economic and social problems.

Assessment

Assessment summary

Category Assessment task Weight Due date
Presentation Persuasive Presentation (Group)
  • Identity Verified
  • In-person
30%

During Allocated Week (determined in week 1 workshop)

Essay/ Critique, Reflection Online Reflective Disputation 40%

16/08/2024 3:00 pm

13/09/2024 3:00 pm

18/10/2024 3:00 pm

Paper/ Report/ Annotation Policy Brief 30%

25/10/2024 3:00 pm

Assessment details

Persuasive Presentation (Group)

  • Identity Verified
  • In-person
Mode
Oral
Category
Presentation
Weight
30%
Due date

During Allocated Week (determined in week 1 workshop)

Other conditions
Peer assessment factor.

See the conditions definitions

Learning outcomes
L01, L02, L03, L04, L05

Task description

Students are required to complete a group presentation during the semester. Working in groups, students are required to present a persuasive perspective on an ethical issue related to economics. These issues will be on the topics covered in weeks 3 to 11/12. Students will elect a group and a topic in Week 1. Groups are of 3 - 4 students. The topics aligned with the weekly learning topics and a list will be made available in the first workshop (week 1). Any student who does not sign up in Week 1 will be allocated a group and topic at the start of week 2.

Students must present in the week in which they sign up.

Presentations will be recorded on the lecture recordings.

Presentations are limited to 12 - 15 minutes per group. You will be asked questions in relation to the material and views presented. These questions will contribute to your mark. Each student must present for a minimum of 3 minutes as part of the assessment task. Slides must be submitted prior to your presentation online to TurnItIn to check for plagiarism. No more than 12 slides can be presented. 

A peer assessment may be used to re-weight this assessment item.

Further details will be provided on Blackboard.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI and/or MT technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools.

Submission guidelines

Presentations will be completed in the workshop time.

Deferral or extension

You cannot defer or apply for an extension for this assessment.

As this assessment is a group assessment, no extensions are available. If a student does not present with their group on the allocated date, they receive a zero (0). Alternative assessment will be available if required and supported with evidence.

Late submission

You will receive a mark of 0 if this assessment is submitted late.

Online Reflective Disputation

Mode
Written
Category
Essay/ Critique, Reflection
Weight
40%
Due date

16/08/2024 3:00 pm

13/09/2024 3:00 pm

18/10/2024 3:00 pm

Learning outcomes
L03, L04, L05

Task description

Students will be required to write a reflective disputation. The disposition will require students to reflect either on the course content of prior weeks or a presentation provided by other students.

There will be three reflective disputation submitted online. The breakdown of marks is outlined below.

Online Reflective Disputation 1 = 10%

Online Reflective Disputation 2 = 15%

Online Reflective Disputation 3 = 15%

Further details will be provided on Blackboard.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI and/or MT technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools.

Submission guidelines

Submitted online. See Blackboard for detail

Deferral or extension

You may be able to apply for an extension.

The maximum extension allowed is 14 days. Extensions are given in multiples of 24 hours.

Extensions are limited to 14 calendar days to ensure timely feedback to other students.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Policy Brief

Mode
Written
Category
Paper/ Report/ Annotation
Weight
30%
Due date

25/10/2024 3:00 pm

Learning outcomes
L01, L02, L03, L04, L05

Task description

As part of the policy brief, students are expected to conduct through research on the selected policy issue, analyse the economic aspects of the policy issue and apply an ethical lens to evaluate the policy dilemma. A list of policy topics will be provided.

There is an expectation that a student will complete sufficient research on the selected topic, including historical context and current challenges. Data should be collected to support analysis and arguments.

- The text component of the brief is limited to 2 pages.

- Font required is 12pt Times New Roman. 

- Normal margins required - (2.54cm top, bottom and sides)

Please See Blackboard for specific question, details, and criteria. Submit via Turnitin via Blackboard.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI and/or MT technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools.

Submission guidelines

Submitted online. See Blackboard for detail

Deferral or extension

You may be able to apply for an extension.

The maximum extension allowed is 14 days. Extensions are given in multiples of 24 hours.

Extensions are limited to 14 calendar days to ensure timely feedback to other students.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0% - 29%

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30% - 46%

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47% - 49%

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50% - 64%

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65% - 74%

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75% - 84%

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85% - 100%

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

A student’s final overall end of semester percentage mark will be rounded to determine their final grade. For example, 64.5% rounds to 65%, while 64.4% rounds to 64%.

Supplementary assessment

Supplementary assessment is available for this course.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Additional learning resources information

Course materials are available online for this course. Please refer to the library reading list and the Blackboard website.

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1

(22 Jul - 28 Jul)

Workshop

Introduction to Ethics and Primer in Welfare Economics

Learning outcomes: L01, L02, L05

Week 2

(29 Jul - 04 Aug)

Workshop

Happiness and Wellbeing

Learning outcomes: L01, L02, L03, L04, L05

Week 3

(05 Aug - 11 Aug)

Workshop

Market Power

Learning outcomes: L01, L02, L03, L04, L05

Week 4

(12 Aug - 18 Aug)

Workshop

Financial Markets

Learning outcomes: L01, L02, L03, L04, L05

No student involvement (Breaks, information)

Public Holiday - EKKA

Workshop runs as normal. Consultation will not run on Wednesday

Week 5

(19 Aug - 25 Aug)

Workshop

Globalisation and International Trade

Learning outcomes: L01, L02, L03, L04, L05

Week 6

(26 Aug - 01 Sep)

Workshop

Climate Change

Learning outcomes: L01, L02, L04, L05

Week 7

(02 Sep - 08 Sep)

Lecture

Broader Ethical Questions in Economics

Learning outcomes: L01, L02, L03, L04, L05

Week 8

(09 Sep - 15 Sep)

Workshop

Inequality and Poverty

Learning outcomes: L01, L02, L04, L05

Week 9

(16 Sep - 22 Sep)

Workshop

Behavioural Nudge

Learning outcomes: L01, L02, L04, L05

Mid Sem break

(23 Sep - 29 Sep)

No student involvement (Breaks, information)

No classes this week

Week 10

(30 Sep - 06 Oct)

Workshop

Health and Healthcare

Learning outcomes: L01, L02, L04, L05

Week 11

(07 Oct - 13 Oct)

Workshop

Migration

Learning outcomes: L01, L02, L04, L05

No student involvement (Breaks, information)

Public Holiday - King's Birthday

Workshop runs as normal. Consultation will not run on Monday

Week 12

(14 Oct - 20 Oct)

Workshop

Research Ethics and Other Issues

Learning outcomes: L04, L05

Week 13

(21 Oct - 27 Oct)

Lecture

Other Topics in Ethics in Economics

Learning outcomes: L01, L02, L03, L04, L05

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.