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| Module Availability |
All Year |
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module Mark (%) |
| 2 Hour Examination |
70
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| Coursework |
30
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Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module. |
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| Module Overview |
| This module introduces students to the main topics in Microeconomic Theory and provides a foundation for Level 2 material. |
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| Prerequisites/Co-requisites |
| None |
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| Module Aims |
To introduce students to the key analytical tools used in microeconomics. Although no prior knowledge of economics is assumed, the module will add to the knowledge base of students who have already undertaken an A-level equivalent module. The module requires students to pursue independent study and to analyse specific problems from economic theory in small group settings.
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| Learning Outcomes |
By the end of the module students will:-
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Have a sound grasp of microeconomic analysis at the introductory level
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Be able to use microeconomic analysis to solve simple problems
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Have the foundation for the intermediate analysis to be encountered in level 2 of the programme
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| Module Content |
The following is an indication of the likely topics to be covered:-
- Introduction
- Supply and demand
- Markets and welfare
- Market failure and the public sector
- Industrial Organisation
- Labour markets
- The theory of consumer choice
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| Methods of Teaching/Learning |
Lectures (40 hrs), Classes (10 hrs)
Readings using lecturers guidance
Responding to questions in class
Preparing and taking part in the coursework tests |
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| Selected Texts/Journals |
Mankiw, N.G. and M.P. Taylor 'Economics', Thomson, 2006.
There are student resouces available online at
http://www.cengage.co.uk/mankiw_taylor/students/stu_title.htm
krugman, Wells and Graddy, Economics, Worth 2008 |
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| Last Updated |
28 September 2010
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