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EC2003: INTERMEDIATE MICROECONOMICS (2017-2018)

Last modified: 31 Aug 2017 14:25


Course Overview

This course builds on and is a natural extension of EC 1006. By examining in a more rigorous way concepts introduced in EC 1006 students will develop further their analytical skills and they will obtain a better understanding of consumers and producers behaviour, market structure as well as the effectiveness of economic policy.  The course is designed to appeal to all students interested in economics. This includes students who may wish not to enter into any further studies of economics, as well as students who may wish to continue studying economics at the honours level.

Course Details

Study Type Undergraduate Level 2
Session First Sub Session Credit Points 30 credits (15 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Agathe Rouaix

Qualification Prerequisites

  • Programme Level 2

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

  • EC2002 Microeconomics 2 (Studied)

Are there a limited number of places available?

No

Course Description

This course builds on and is a natural extension of EC 1006. It will further develop the student's analytical skills, and hopes to investigate in a more rigorous way concepts introduced in EC 1006. The course is designed appeal to all students interested in economics. This includes both students who may wish not to enter into any further studies of economics, but rather pursue studies other than economics after the completion of this course, as well as students who may explicitly wish to continue their study economics at the honours level, and thus in part use Microeconomics II as a means to this end.

The course examines a number of key areas in microeconomics including demand theory, production and cost, factor markets, market structure and strategic interaction, externalities, public goods and evaluation of projects and the application of microeconomic principals to important spheres of economic policy such as the regulation of merger activity and the operation of investor owned utility monopolies.

Degree Programmes for which this Course is Prescribed

  • Bachelor of Laws with Options in Economics (with Honours)
  • Economics Joint
  • Economics Major
  • MA Economics

Contact Teaching Time

72 hours

This is the total time spent in lectures, tutorials and other class teaching.

Teaching Breakdown


Assessment

1st Attempt
  • One 2-hour examination (70%)
  • Continuous assessment consisting of one class test and two 750-word assignments (30%)

Resit

  • One 2-hour written examination (100%)

Formative Assessment

This will take place via tutorial discussions.

Feedback

Feedback is given after the class tests. On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations.

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