Not available in 2020/21
EC1A3 Half Unit
Microeconomics I
This information is for the 2020/21 session.
Teacher responsible
TBC
Availability
This course is compulsory on the BSc in Actuarial Science, BSc in Economics and Economic History, BSc in Environmental Policy with Economics, BSc in Finance, BSc in Financial Mathematics and Statistics, BSc in Geography with Economics, BSc in International Social and Public Policy and Economics, BSc in Management, BSc in Mathematics and Economics, BSc in Mathematics with Economics, BSc in Mathematics, Statistics and Business, BSc in Philosophy and Economics, BSc in Philosophy, Politics and Economics and BSc in Philosophy, Politics and Economics. This course is available on the BA in Geography, BSc in Accounting and Finance, BSc in Economic History and Geography, BSc in Environment and Development, BSc in Politics and BSc in Politics and International Relations. This course is available as an outside option to students on other programmes where regulations permit. This course is available with permission to General Course students.
Pre-requisites
A-level mathematics.
Course content
In this course, you will learn the principles of microeconomics analysis. You will study the foundations of consumer and producer theory, competitive and monopolistic markets, welfare analysis and taxation, asymmetric information and contract design, and also game theory. With the acquired knowledge, you will discover how they can be used to understand important problems in a range of different applications.
Teaching
20 hours of lectures and 10 hours of classes in the MT.
Formative coursework
There are weekly assignments and feedback will be given on two. Also Moodle quizzes.
Indicative reading
- Economics – Daron Acemoglu, David I. Laibson, and John A. List.
- M Anthony & N L Biggs, Mathematics for Economics and Finance: Methods and Modelling, CUP, 1996.
- Jacques, I. Mathematics for Economics and Business, Pearson, 2012 (or earlier editions).
Assessment
Exam (90%, duration: 2 hours) in the January exam period.
Class participation (10%) in the MT.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Key facts
Department: Economics
Total students 2019/20: Unavailable
Average class size 2019/20: Unavailable
Capped 2019/20: No
Value: Half Unit
Personal development skills
- Self-management
- Team working
- Problem solving
- Communication
- Application of numeracy skills
