{"ModuleCode":"SW4211","ModuleTitle":"Welfare Economics","Department":"Social Work","ModuleDescription":"The module takes as a given fact that resources are scarce and subject to competing demands. As such, social workers must or should know the relationship between economics and social welfare, and how social services operate in an economic context. The module will deal with the background, principles, methods and techniques for the rational and efficient allocation of limited resources among competing social programmes and services.","ModuleCredit":"5","Workload":"0-3-0-3-6.5","Prerequisite":"Cohort 2011 and before: Completed 80 MCs, including 28 MCs in SW of which (i) student must have passed SW1101E, SW2101, SW2104, SW2105 and (ii) passed or are concurrently reading SW3104 or SW4102 in the semester they intend to read the SW4000 modules or (iii) Students who have passed or are currently reading EC3101 or EC3102 can read this module as an unrestricted elective, with a minimum CAP of 3.50 or be on the Honours track. Cohort 2012 onwards: Completed 80 MCs, including 28 MCs in SW of which (i) student must have passed SW1101E, SW2101, SW2104, SW2105 and (ii) passed or are concurrently reading SW3104 or SW4102 in the semester they intend to read the SW4000 modules or (iii) Students who have passed or are currently reading EC3101 or EC3102 can read this module as an unrestricted elective, with a minimum CAP of 3.20 or be on the Honours track..","ExamDuration":"P2H","ExamVenue":"MPSH1-B","Types":["Module"],"CorsBiddingStats":[{"AcadYear":"2012/2013","Semester":"1","Round":"1A","Group":"Seminar-Style Module Class 1","Quota":"35","Bidders":"5","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"4000","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2012/2013","Semester":"1","Round":"1B","Group":"Seminar-Style Module Class 1","Quota":"30","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2012/2013","Semester":"1","Round":"1C","Group":"Seminar-Style Module Class 1","Quota":"30","Bidders":"5","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"10","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2012/2013","Semester":"1","Round":"2A","Group":"Seminar-Style Module Class 1","Quota":"25","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2012/2013","Semester":"1","Round":"2B","Group":"Seminar-Style Module Class 1","Quota":"25","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2012/2013","Semester":"1","Round":"3A","Group":"Seminar-Style Module Class 1","Quota":"25","Bidders":"1","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"1","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2012/2013","Semester":"1","Round":"3B","Group":"Seminar-Style Module Class 1","Quota":"24","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"1A","Group":"Seminar-Style Module Class 1","Quota":"33","Bidders":"3","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"50","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"1B","Group":"Seminar-Style Module Class 1","Quota":"30","Bidders":"1","LowestBid":"1000","LowestSuccessfulBid":"1","HighestBid":"1000","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"2A","Group":"Seminar-Style Module Class 1","Quota":"29","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"2B","Group":"Seminar-Style Module Class 1","Quota":"29","Bidders":"3","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"300","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"2C","Group":"Seminar-Style Module Class 1","Quota":"26","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"3A","Group":"Seminar-Style Module Class 1","Quota":"26","Bidders":"1","LowestBid":"350","LowestSuccessfulBid":"1","HighestBid":"350","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2010/2011","Semester":"2","Round":"3B","Group":"Seminar-Style Module Class 1","Quota":"25","Bidders":"1","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"1","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"1A","Group":"Seminar-Style Module Class 1","Quota":"33","Bidders":"10","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"250","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"1B","Group":"Seminar-Style Module Class 1","Quota":"23","Bidders":"2","LowestBid":"10","LowestSuccessfulBid":"1","HighestBid":"10","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"2A","Group":"Seminar-Style Module Class 1","Quota":"21","Bidders":"1","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"1","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"2B","Group":"Seminar-Style Module Class 1","Quota":"20","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"2C","Group":"Seminar-Style Module Class 1","Quota":"20","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"3A","Group":"Seminar-Style Module Class 1","Quota":"20","Bidders":"1","LowestBid":"707","LowestSuccessfulBid":"1","HighestBid":"707","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2009/2010","Semester":"2","Round":"3B","Group":"Seminar-Style Module Class 1","Quota":"19","Bidders":"2","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"1","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"1A","Group":"Seminar-Style Module Class 1","Quota":"27","Bidders":"4","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"3","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"1B","Group":"Seminar-Style Module Class 1","Quota":"23","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"2A","Group":"Seminar-Style Module Class 1","Quota":"24","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"2B","Group":"Seminar-Style Module Class 1","Quota":"24","Bidders":"4","LowestBid":"2","LowestSuccessfulBid":"1","HighestBid":"1308","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"2C","Group":"Seminar-Style Module Class 1","Quota":"20","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"3A","Group":"Seminar-Style Module Class 1","Quota":"20","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2008/2009","Semester":"2","Round":"3B","Group":"Seminar-Style Module Class 1","Quota":"20","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2007/2008","Semester":"2","Round":"1A","Group":"Seminar-Style Module Class 1","Quota":"30","Bidders":"35","LowestBid":"1","LowestSuccessfulBid":"700","HighestBid":"2501","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2007/2008","Semester":"2","Round":"2B","Group":"Seminar-Style Module Class 1","Quota":"1","Bidders":"7","LowestBid":"100","LowestSuccessfulBid":"3945","HighestBid":"3945","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"1A","Group":"Seminar-Style Module Class 1","Quota":"9","Bidders":"2","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"155","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"1B","Group":"Seminar-Style Module Class 1","Quota":"7","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"2A","Group":"Seminar-Style Module Class 1","Quota":"7","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"2B","Group":"Seminar-Style Module Class 1","Quota":"7","Bidders":"3","LowestBid":"500","LowestSuccessfulBid":"1","HighestBid":"1582","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"2C","Group":"Seminar-Style Module Class 1","Quota":"4","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"3A","Group":"Seminar-Style Module Class 1","Quota":"7","Bidders":"2","LowestBid":"1","LowestSuccessfulBid":"1","HighestBid":"20","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"3B","Group":"Seminar-Style Module Class 1","Quota":"6","Bidders":"4","LowestBid":"200","LowestSuccessfulBid":"1","HighestBid":"2638","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"},{"AcadYear":"2006/2007","Semester":"2","Round":"3C","Group":"Seminar-Style Module Class 1","Quota":"2","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"Arts & Social Sciences","StudentAcctType":"NUS Students [P]"}],"AcadYear":"2014/2015","History":[{"Semester":2,"ExamDate":"2015-05-05T09:00+0800","Timetable":[{"ClassNo":"1","LessonType":"Seminar-Style Module Class","WeekText":"Every Week","DayText":"Thursday","StartTime":"0900","EndTime":"1200","Venue":"AS2-0413"}],"IVLE":[{"Announcements":null,"Forums":[],"Workbins":[],"Webcasts":[],"Gradebooks":[],"Polls":[],"Multimedia":[],"LessonPlan":[],"ID":"76d4761d-2267-458f-ad3f-4bdb875d562c","CourseLevel":"1","CourseCode":"SW4211","CourseName":"WELFARE ECONOMICS","CourseDepartment":"","CourseSemester":"Semester 2","CourseAcadYear":"2014/2015","CourseOpenDate":"/Date(1417017600000+0800)/","CourseOpenDate_js":"2014-11-27T00:00:00","CourseCloseDate":"/Date(1433001540000+0800)/","CourseCloseDate_js":"2015-05-30T23:59:00","CourseMC":"4","isActive":"N","Permission":"S","Creator":{"UserID":null,"Name":"Ng Yue Hoong, Irene","Email":null,"Title":null,"UserGuid":"99c2831c-71ca-4db3-a4ca-4849e2d48b8b","AccountType":null},"hasGradebookItems":false,"hasTimetableItems":true,"hasGroupsItems":false,"hasClassGroupsForSignUp":false,"hasGuestRosterItems":false,"hasClassRosterItems":true,"hasWeblinkItems":false,"hasLecturerItems":true,"hasDescriptionItems":true,"hasReadingItems":true,"hasAnnouncementItems":false,"hasProjectGroupItems":false,"hasProjectGroupsForSignUp":false,"hasConsultationItems":false,"hasConsultationSlotsForSignUp":false,"hasLessonPlanItems":false,"Badge":0,"BadgeAnnouncement":0,"WebLinks":[],"Lecturers":[{"ID":"ad5745b6-75ff-43bb-8553-9027406cc90b","User":{"UserID":null,"Name":"Ng Yue Hoong, Irene","Email":null,"Title":null,"UserGuid":"99c2831c-71ca-4db3-a4ca-4849e2d48b8b","AccountType":null},"Role":"Lecturer ","Order":1,"ConsultHrs":null}],"Descriptions":[{"ID":"1e5f053b-8835-4692-be49-41f07234cfff","Title":"Learning Outcomes","Description":"The module takes as a given fact that resources are scarce and subject to competing demands. As such, social workers must or should know the relationship between economics and social welfare, and how social services operate in an economic context. The module will deal with the background, principles, methods and techniques for the rational and efficient allocation of limited resources among competing social programmes and services.","Order":1},{"ID":"2e5f053b-8835-4692-be49-41f07234cfff","Title":"Prerequisites","Description":"Prerequisites: Completed a minimum of 80 MCs, of which student must have passed SW1101E, SW2101, SW2104, SW2105 and passed or are concurrently reading SW3102 or SW3103 in the semester they intend to take the SW4000 modules.\r\n\r\nPreclusions: Nil","Order":2},{"ID":"4e5f053b-8835-4692-be49-41f07234cfff","Title":"Schedule","Description":" Module Schedule
\n 
\n 
\n\n\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\n
\n\t\t\t\tWeek\n\t\t\t\tTopic\n\t\t\t\tReading\n\t\t\t\tSource
\n\t\t\t\t1
\n\t\t\t\t15/1		\n\t\t\t\tResource allocation and social well-being
\n\t\t\t\t·        Introduction and definitions:
\n\t\t\t\t-        Unlimited wants, limited resources
\n\t\t\t\t-        Incentives and opportunity cost
\n\t\t\t\t-        Ceteris paribus
\n\t\t\t\t-        Production possibility curve
\n\t\t\t\t-        Cost-benefit and cost effectiveness
\n\t\t\t\t-        Empirical economics
\n\t\t\t\t-        Positive vs normative economics
\n\t\t\t\t-        GDP
\n\t\t\t\t·        Economics and social justice
\n\t\t\t\t 		\n\t\t\t\tSharp et al. ch 1 & 2 until p46
\n\t\t\t\tBrowning & Browning p244-251
\n\t\t\t\tPindyck et al. p602-605
\n\t\t\t\tRosen ch 2
\n\t\t\t\tCivil Service College (August 2012)  		\n\t\t\t\tText
\n\t\t\t\tE-reserves
\n\t\t\t\tE-reserves
\n\t\t\t\tE-reserves
\n\t\t\t\tWeblink
\n\t\t\t\t2
\n\t\t\t\t22/1		\n\t\t\t\tDiscussion
\n\t\t\t\tIncentives and opportunity cost
\n\t\t\t\tSocial justice
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tMarket equilibrium and individual behaviour
\n\t\t\t\t·        Demand, supply and elasticity
\n\t\t\t\t·        Game theory
\n\t\t\t\t·        “Marginal”
\n\t\t\t\t·        Substitution and income effects		\n\t\t\t\t 
\n\t\t\t\tHarford (2008) Ch 1
\n\t\t\t\tBrowning & Browning p244-251
\n\t\t\t\tPindyck et al. p602-605
\n\t\t\t\tGuin (1974)
\n\t\t\t\t 
\n\t\t\t\tCase & Fair ch 1, 5
\n\t\t\t\tSharp et al. ch 2 (economic systems, resource allocation in a market economy); ch 3 (minimum wage)
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\tE-reserves
\n\t\t\t\tE-reserves
\n\t\t\t\tHandout
\n\t\t\t\t 
\n\t\t\t\tE-reserves
\n\t\t\t\tTextbook RBR
\n\t\t\t\t3
\n\t\t\t\t29/1		\n\t\t\t\tDiscussion
\n\t\t\t\tDemand and supply
\n\t\t\t\t 
\n\t\t\t\tMarket failure
\n\t\t\t\t·        Monopoly power
\n\t\t\t\t·        Externalities
\n\t\t\t\t·        Public and merit goods
\n\t\t\t\t·        Asymmetric information: adverse selection, moral hazard
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tGovernment revenue and expenditure
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tGovernment/social service failure
\n\t\t\t\t·        Deadweight loss
\n\t\t\t\t·        Surplus/shortage
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tHarford (2006) ch1
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 4
\n\t\t\t\tHarford (2006) ch 4 & 5
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tTan et al. (2009) ch 1
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 3
\n\t\t\t\tBrowning & Browning p244-251
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tTextbook
\n\t\t\t\tRBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tText RBR
\n\t\t\t\tE-reserves
\n\t\t\t\t4
\n\t\t\t\t5/2		\n\t\t\t\tDiscussion
\n\t\t\t\tTaxes and subsidies in Singapore
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tEconomic analysis of social policies and programs
\n\t\t\t\t·        Role of theory
\n\t\t\t\t·        Conceptualization of econometrics
\n\t\t\t\t·        Programme evaluation
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tIRAS website
\n\t\t\t\tLim (2013) The Straits Times
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tRosen ch 2
\n\t\t\t\tKhandker et al. (2010)
\n\t\t\t\t 
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tE-library
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tE-reserves
\n\t\t\t\tE-reserves
\n\t\t\t\t5
\n\t\t\t\t12/2		\n\t\t\t\tDiscussion
\n\t\t\t\tGuest Speaker: Behavioural Economics
\n\t\t\t\t 
\n\t\t\t\tEvaluation of social policies and programs
\n\t\t\t\t·        Cost-benefit Analysis
\n\t\t\t\t·        Cost effectiveness Analysis
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tKoh (2012)
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tRosen ch 11
\n\t\t\t\tBoardman et al. ch 17 (exclude p 466-472)
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tE-library
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tE-reserves
\n\t\t\t\tE-reserves
\n\t\t\t\t6
\n\t\t\t\t19/2
\n\t\t\t\t(Make-up)		\n\t\t\t\tDiscussion
\n\t\t\t\tEconomic principles in dating, marriage & divorce
\n\t\t\t\tCost Benefit Analysis Exercises
\n\t\t\t\tPoor economics
\n\t\t\t\t 
\n\t\t\t\tPoverty & Inequality
\n\t\t\t\t 
\n\t\t\t\tUnemployment
\n\t\t\t\t·        Definitions
\n\t\t\t\t·        types
\n\t\t\t\t·        costs
\n\t\t\t\tPoverty and Inequality
\n\t\t\t\t·        Definitions
\n\t\t\t\t·        Trends in Singapore
\n\t\t\t\t 
\n\t\t\t\tCauses of poverty
\n\t\t\t\t·        Wage determination
\n\t\t\t\t·        Labour and capital resources
\n\t\t\t\t·        Relative demand and supply
\n\t\t\t\t·        Discrimination
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tHarford (2008) ch 3
\n\t\t\t\tGentile (2014) The Straits Times
\n\t\t\t\tBanerjee & Duflo (2011) p267-273
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 13 (unemployment)
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 7
\n\t\t\t\tNg (forthcoming)
\n\t\t\t\tDonaldson et al. (2013)
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 7
\n\t\t\t\t 
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\tE-library
\n\t\t\t\tHandout/RBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tText RBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tText RBR
\n\t\t\t\tWorkbin
\n\t\t\t\tWeblink
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tText RBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t \n\t\t\t\tRECESS\n\t\t\t\t \n\t\t\t\t 
\n\t\t\t\t7
\n\t\t\t\t5/3		\n\t\t\t\tMid-term test
\n\t\t\t\t 
\n\t\t\t\tHuman Capital
\n\t\t\t\t·        Definitions
\n\t\t\t\t·        Cost-benefit analysis of education
\n\t\t\t\t·        Age-earnings profile
\n\t\t\t\t·        Issues: gender, empirical biases
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tEhrenberg & Smith Ch 9
\n\t\t\t\t 
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tE-reserves
\n\t\t\t\t 
\n\t\t\t\t8
\n\t\t\t\t12/3		\n\t\t\t\tDiscussion: Poverty & Inequality Alleviation
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tEconomic growth and productivity
\n\t\t\t\t·        Business cycles
\n\t\t\t\t·        Determinants of economic growth
\n\t\t\t\t·        Productivity: labour productivity, total factor productivity
\n\t\t\t\t·        Productivity and human capital		\n\t\t\t\tSome suggested readings:
\n\t\t\t\tMSF comcare website
\n\t\t\t\tDOS Income Trends Report 2013
\n\t\t\t\tNg (2013)
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 11
\n\t\t\t\tSingh (2014) The Straits Times
\n\t\t\t\tWheelan (2010) ch 6		\n\t\t\t\t 
\n\t\t\t\tWebsite
\n\t\t\t\tWebsite
\n\t\t\t\tE-library
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tText RBR
\n\t\t\t\tE-library
\n\t\t\t\tE-reserves
\n\t\t\t\t \n\t\t\t\t \n\t\t\t\t \n\t\t\t\t 
\n\t\t\t\t9
\n\t\t\t\t19/3		\n\t\t\t\tDiscussion: Education system\n\t\t\t\tSome suggested readings:
\n\t\t\t\tIPS (2014) ch 6 p. 150-164
\n\t\t\t\tTan et al. (2009) ch 7
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\tRBR
\n\t\t\t\t 
\n\t\t\t\t \n\t\t\t\tLecture: Social Security
\n\t\t\t\t·        Definition
\n\t\t\t\t·        Objectives
\n\t\t\t\t·        System in Singapore compared to those in other countries		\n\t\t\t\t 
\n\t\t\t\tSharp et al. Ch 15 (social insurance and security)
\n\t\t\t\tCPF website
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tTextbook
\n\t\t\t\tWebsite
\n\t\t\t\t10
\n\t\t\t\t26/3		\n\t\t\t\tDiscussion: Inclusive growth & low income wages
\n\t\t\t\t 		\n\t\t\t\tSome suggested readings:
\n\t\t\t\tTan et al (2009) ch 8
\n\t\t\t\tSingh (2014) The Straits Times		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\tE-library
\n\t\t\t\t \n\t\t\t\tLecture: Housing
\n\t\t\t\t·        Demand and supply
\n\t\t\t\t·        Government intervention
\n\t\t\t\t·        Trends
\n\t\t\t\t 
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tSharp et al. ch 3 (price ceilings & floors, rent control)
\n\t\t\t\tHDB website		\n\t\t\t\t 
\n\t\t\t\tText RBR
\n\t\t\t\t 
\n\t\t\t\tWebsite
\n\t\t\t\t11
\n\t\t\t\t2/4		\n\t\t\t\tDiscussion: Social security system\n\t\t\t\tSome suggested readings:
\n\t\t\t\tSharp et al. ch 15
\n\t\t\t\tHui (2013)		\n\t\t\t\t 
\n\t\t\t\tText
\n\t\t\t\tRBR
\n\t\t\t\t \n\t\t\t\tLecture: Health
\n\t\t\t\t·        Life cycle perspective
\n\t\t\t\t·        Types of health
\n\t\t\t\t·        Health care and insurance
\n\t\t\t\t·        Rational for government intervention
\n\t\t\t\t 		\n\t\t\t\t 
\n\t\t\t\tHarford (2006) ch 5
\n\t\t\t\tSharp et al. ch 15		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\tText RBR
\n\t\t\t\t12
\n\t\t\t\t9/4		\n\t\t\t\tDiscussion: Housing policy
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tDiscussion: Healthcare
\n\t\t\t\t 
\n\t\t\t\t 		\n\t\t\t\tSome suggested readings:
\n\t\t\t\tTan et al. (2009) ch 5
\n\t\t\t\tPhang (2013)
\n\t\t\t\tChia (2013)
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\tSome suggested readings:
\n\t\t\t\tTan et al. (2009) ch 6
\n\t\t\t\tPhua (2014) The Straits Times
\n\t\t\t\tLim & Lee (2013)		\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\t 
\n\t\t\t\tRBR
\n\t\t\t\tE-library
\n\t\t\t\tRBR
\n\t\t\t\t 
\n\t\t\t\t13
\n\t\t\t\t16/4		\n\t\t\t\tReview\n\t\t\t\t \n\t\t\t\t 
\n
\n","Order":4},{"ID":"5e5f053b-8835-4692-be49-41f07234cfff","Title":"Synopsis","Description":"Preparing for the Module
\nStudents who are interested in understanding and analysing social welfare policies will enjoy this module. As the module aims to apply economic theories and methods in policy, students are expected to understand the intuition and not the technicalities of economic theories and methods.
\n 
\nAs such, the module has appealed to a wide range of students, even those who have not had any economics background. However, students without a background in economics are advised to read ahead. The supplementary textbook Harford (2006) is a pleasant and easy read. It is Introduction to Microeconomics in a storybook form. You can also read any other Introductory Microeconomics textbook.
\n","Order":5},{"ID":"8e5f053b-8835-4692-be49-41f07234cfff","Title":"Assessment","Description":"

\r\n\tClass participation (includes peer evaluation)         10%

\r\n

\r\n\tMid-term test                                                        20%

\r\n

\r\n\tGroup project                                                       30%

\r\n

\r\n\tFinal exam                                                           40%

\r\n

\r\n\t 

\r\n","Order":8},{"ID":"d27792b6-f648-4d7c-ae29-c727406cc92a","Title":"Workload","Description":"0 lecture hours per week.
3 tutorial hours per week.
0 lab hours per week.
3 hours for projects, assignments, fieldwork etc per week.
4 hours for preparatory work by a student per week.","Order":9}],"ReadingFormatted":[],"ReadingUnformatted":[{"ID":"00000000-0000-0000-0000-000000000000","AdditionalInfo":"\n\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\n
\n\t\t\t\t1.       \n\t\t\t\tE-reserves
\n\t\t\t\tRBR		\n\t\t\t\tBanerjee, A.V. & Duflo, E. (2011). Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. NY: Perseus Books.
\n\t\t\t\t 
\n\t\t\t\t2.       \n\t\t\t\tE-reserves\n\t\t\t\tBoardman, A. E., Greenberg, D. H., Vining, A. R., & Weimer, D. L. (2006). Cost-benefit analysis: concepts and practice (3rd ed.). Upper Saddle River, N.J.: Pearson/Prentice Hall.
\n\t\t\t\t 
\n\t\t\t\t3.       \n\t\t\t\tE-reserves
\n\t\t\t\t 		\n\t\t\t\tBrowning, E. K., & Browning, J. M. (1994). Public finance and the price system (4th ed.). Englewood Cliffs, N.J.: Prentice Hall.
\n\t\t\t\t 
\n\t\t\t\t4.       \n\t\t\t\tE-reserves\n\t\t\t\tCase, K. E., & Fair, R. C. (2007). Principles of economics (8th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall.
\n\t\t\t\t 
\n\t\t\t\t5.       \n\t\t\t\tRBR\n\t\t\t\tChong, T. (Ed.) (2010). Management of Success: Singapore revisted. SIngapore: Institute of Southeast Asian Studies.
\n\t\t\t\t 
\n\t\t\t\t6.       \n\t\t\t\tWeblink\n\t\t\t\tCivil Service College, Singapore. (August 2012). Economic thinking and practice in Singapore. Ethos, 11. https://www.cscollege.gov.sg/Knowledge/Ethos/Issue%2011%20August%202012/Pages/Economic%20Thinking%20and%20Practice%20in%20Singapore.aspx
\n\t\t\t\t 
\n\t\t\t\t7.       \n\t\t\t\tWeblink\n\t\t\t\tDonaldson et al. (2013). Measuring Poverty in Singapore: Frameworks for Consideration. Social Space Issue 6. Singapore Management University. https://centres.smu.edu.sg/lien/files/2013/11/SocialSpace2013-2014_SanushkaMudaliar.pdf
\n\t\t\t\t 
\n\t\t\t\t8.       \n\t\t\t\tE-reserves\n\t\t\t\tEhrenberg, R. G., & Smith, R. S. (2006). Modern labor economics : theory and public policy (9th ed.). Boston: Pearson/Addison Wesley.
\n\t\t\t\t 
\n\t\t\t\t9.       \n\t\t\t\tE-library\n\t\t\t\tGentile, E. (2014, Aug 30). The dollars and economics sense of Cupid agencies. The Straits Times.
\n\t\t\t\t10.    \n\t\t\t\tHandout\n\t\t\t\tGuin, U. K. (1974). The Ones Who Walk Away from Omelas. In The Wind's Twelve Quarters.
\n\t\t\t\t 
\n\t\t\t\t11.   \n\t\t\t\tSupplementary Text
\n\t\t\t\tRBR		\n\t\t\t\tHarford, T. (2006). The undercover economist. Great Britain: Little, Brown.
\n\t\t\t\t 
\n\t\t\t\t12.    \n\t\t\t\tRBR\n\t\t\t\tHarford, T. (2008). The logic of life: Uncovering the new economics of everything. Great Britain: Little, Brown
\n\t\t\t\t 
\n\t\t\t\t13.    \n\t\t\t\tWeblink\n\t\t\t\tInstitute of Policy Studies (2014). Population outcomes: Singapore 2050.  IPS Exchange Series. http://lkyspp.nus.edu.sg/ips/wp-content/uploads/sites/2/2014/05/POS2050_230514_2.pdf
\n\t\t\t\t 
\n\t\t\t\t14.    \n\t\t\t\tRBR\n\t\t\t\tKang, S.H. & Leong, C. (Eds.) (2013). Singapore Perspectives 2012. Singapore Inclusive: Bridging Divides. Singapore: World Scientific Publishing Company.
\n\t\t\t\tCh 3: Hui W.T.: Macroeconomic trends and labour welfare in Singapore: A focus on retirement adequacy
\n\t\t\t\tCh 4: Lim, J. & Lee, D. (2013). Re-making Singapore Healthcare.
\n\t\t\t\tCh 5: Phang, S.Y.: Public housing – appreciating assets?
\n\t\t\t\tCh 6: Chia, N.C.: Retirement adequacy and housing financing through the CPF system
\n\t\t\t\t 
\n\t\t\t\t15.    \n\t\t\t\tE-reserves\n\t\t\t\tKhandker, S. R., Koolwal, G. B. & Samad, H.A. (2010). Handbook on Impact Evaluation: Quantitative Methods and Practices. Washington, D.C.: World Bank.
\n\t\t\t\t 
\n\t\t\t\t16.    \n\t\t\t\tE-library\n\t\t\t\tKoh, T.Y. (2012). Key ideas in behavioural economics – And what they mean for policy design. In Low, D. (Ed.) Behavioural economics and policy design. Singapore; Hackensack, N.J.: World Scientific Publishing Company.
\n\t\t\t\t 
\n\t\t\t\t17.    \n\t\t\t\tWeblink\n\t\t\t\tLim. L. (2009). Singapore's economic growth model: too much or too little? Ethos, 6 (July): 36-42.  http://www.cscollege.gov.sg/cgl/pdf/ETHOS_IS06.pdf
\n\t\t\t\t 
\n\t\t\t\t18.    \n\t\t\t\tE-library\n\t\t\t\tLim, L. (2013, Jun 29) When things are free… What will it cost us? The Straits Times.
\n\t\t\t\t 
\n\t\t\t\t19.    \n\t\t\t\tE-library\n\t\t\t\tLow, D. (2014). The four myths of inequality in Singapore. In  Low, D. & Vadaketh (2014). Hard Choices: Challenging the Singapore Consensus. Singapore: NUS Press.
\n\t\t\t\t 
\n\t\t\t\t20.    \n\t\t\t\tE-library\n\t\t\t\tNg, I.Y.H. (2013). Social welfare in Singapore: rediscovering poverty, reshaping policy. Asia Pacific Journal of Social Work and Development. 23 (1): 35-47.
\n\t\t\t\t 
\n\t\t\t\t21.    \n\t\t\t\tWeblink\n\t\t\t\tNg, I.Y.H. et al. (2014). Chapter 6: Social Infrastructure Development. In Population Outcomes: Singapore 2050. IPS Exchange Series Number 1: 153-211. Singapore: Institute of Policy Studies, National University of Singapore. http://lkyspp.nus.edu.sg/ips/news/the-population-outcomes-singapore-2050-project.
\n\t\t\t\t 
\n\t\t\t\t22.    \n\t\t\t\tIVLE workbin\n\t\t\t\tNg (forthcoming). Social class, poverty and family life: an East-Asian Perspective. Stella, Q. (ed.) Routledge Handbook of Families in Asia.
\n\t\t\t\t 
\n\t\t\t\t23.    \n\t\t\t\tE-reserves\n\t\t\t\tPindyck, R. S., Rubinfeld, D. L., & Koh, W. T. H. (2006). Microeconomics : an Asian perspective. Singapore, London: Pearson/Prentice Hall.
\n\t\t\t\t24.    \n\t\t\t\tE-library\n\t\t\t\tPhua, K.H. (2014, Jun 28). Beware escalating costs in universal coverage. The Straits Times.
\n\t\t\t\t25.    \n\t\t\t\tE-reserves\n\t\t\t\tRosen, H. S. (2005). Public finance (7th ed.). New York: McGraw-Hill Irwin.
\n\t\t\t\t26.   \n\t\t\t\tTextbook
\n\t\t\t\tRBR		\n\t\t\t\tSharp, A. M., Register, C. A., & Grimes, P. W. (2010). Economics of social issues (19th ed.). New York: McGraw-Hill/Irwin.
\n\t\t\t\t 
\n\t\t\t\t27.    \n\t\t\t\tE-library\n\t\t\t\tSingh, V. (2014, May 6). Mid-term growth report a mixed bag. The Straits Times.
\n\t\t\t\t 
\n\t\t\t\t28.    \n\t\t\t\tRBR\n\t\t\t\tTan, S.T., Leong, F. L., Chan, B.A.L., Tan, C. M., & Tan, D. H. (2009). Economics in Public Policies: The Singapore Story. Singapore: Marshall Cavendish.
\n\t\t\t\t 
\n\t\t\t\t29.    \n\t\t\t\tE-library\n\t\t\t\tTan, K.Y. (2014). Growth in a decade of shocks. The Straits Times.
\n\t\t\t\t 
\n\t\t\t\t30.    \n\t\t\t\tE-reserves\n\t\t\t\tWheelan, C. (2010). Naked economics: Undressing the dismal science. WW. Norton & Company: London.
\n\t\t\t\t 
\n\t\t\t\t31.    \n\t\t\t\t \n\t\t\t\tAlso important:
\n\t\t\t\tGovernment ministry websites
\n\t\t\t\tDepartment of Statistics Reports
\n\t\t\t\tNews, magazine and journal articles
\n\t\t\t\tBudget announcements and parliamentary debates
\n\t\t\t\t 
\n
\n"}]}],"Lecturers":["Ng Yue Hoong, Irene"],"LecturePeriods":["Thursday Morning"]}]}