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2010/1 Module Catalogue
Module Provider: Economics Short Name: EC101AA
Level: HE1 Module Co-ordinator: WITT RJ Prof (Economics)
Number of credits: 20 Number of ECTS credits: 10
Module Availability

All Year

Assessment Pattern
Unit(s) of Assessment Weighting Towards Module Mark (%)
2 Hour Examination




Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the

Module Overview
This module introduces students to the main topics in Microeconomic Theory and provides a foundation for Level 2 material.
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.

Learning Outcomes

By the end of the module students will:-

  • Have a sound grasp of microeconomic analysis at the introductory level
  • Be able to use microeconomic analysis to solve simple problems
  • Have the foundation for the intermediate analysis to be encountered in level 2 of the programme
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
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
Selected Texts/Journals

Mankiw, N.G. and M.P. Taylor 'Economics', Thomson, 2006.
There are student resouces available online at
krugman, Wells and Graddy, Economics, Worth 2008

Last Updated

28 September 2010