Introduction to Microeconomics
| Code | School | Level | Credits | Semesters |
| ECON1001 | Economics | 1 | 20 | Autumn UK |
- Code
- ECON1001
- School
- Economics
- Level
- 1
- Credits
- 20
- Semesters
- Autumn UK
Summary
Introduction to microeconomics, including behaviour of firms and households in situations of competitive and imperfectly competitive markets.
Target Students
Available for Year 1 Undergraduate students on Economics degree programmes, including Year 1 BSc Jt Hons Maths and Economics students. Not available to Exchange students.
Classes
This module is delivered through a combination of lectures and tutorials.
Assessment
- 100% Exam 1 (2-hour): Exam
Assessed by end of autumn semester
Educational Aims
The main aims for this module are:To provide a sound basis in the fundamentals of micro-economics and their application to both theoretical and real-world situationsTo develop analytical skills using the major methods of mathematics and diagramsTo engender the ability to communicate and report findings, particularly via tutorial essays, presentations and exercises.The module aims to enable the participants to develop skills in reflection of understanding of material through tutorial questions and engagement in discussions during tutorials.Learning Outcomes
On completing this module, the learning outcomes are such that students will be able to:
A. Knowledge and Understanding:
A1 - Demonstrate a broad knowledge of core areas of economics.
A4 - Demonstrate understanding of verbal, graphical, mathematical and econometric representation of economic ideas and analysis, including the relationship between them.
B. Intellectual Skills:
B1 - Apply complex ideas to solve problems.
C. Professional / Practical Skills:
C1 - Discuss and analyse government policy.
C4 - Understand the context in which a problem is to be addressed.
D. Transferable Skills:
D1 - Apply mathematical, statistical and graphical techniques in an appropriate manner.