Skip to Content

BU5033: ECONOMIC ANALYSIS (2020-2021)

Last modified: 24 Jun 2020 14:31

Course Overview

The course will cover the main elements of Microeconomic Theory together with how this underpins the macro economy, covering consumer theory, how consumers choose under constraint of a budget, to generate demands. How this theory can be used to consider the welfare effects of price changes will be considered. The problem of production will be examined to understand the supply, and the demand and supply side will be drawn together to consider market structure.  How the theory can be used to identify market supplies and demands  from empirical data will be examined.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
  • Dr Xin Jin

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

  • Any Postgraduate Programme (Studied)
  • One of MRes Finance (Studied) or Master Of Science In International Finance And Political Relations (Studied) or MSc (Econ) in Petroleum, Energy Economics and Finance (Studied) or MSc (Econ) in Finance and Investment Management (Studied) or Master Of Science In International Finance (Studied) or MSc (Econ) in Finance and Investment Management (Includes Cfa Exam) (Studied) or Master Of Science In International Finance (Includes Cfa Exam) (Studied) or MSc in Accounting and Finance (Studied) or MSc (Econ) in Accounting and Finance (Studied) or MSc Economics of Health (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

An introduction to techniques of used in micro and macroeconomics modelling, microeconomic topics will include; consumer theory, theory of the firm, market structure, choice under uncertainty and an introduction to game theory. The macroeconomics section will include the use of macroeconomic modelling techniques found in the academic and professional open-economy macroeconomics and finance literature in order to provide the ecomomic policy context in which finacial markets and institutions operate.

In light of Covid-19 this information is indicative and may be subject to change.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Workshop during University weeks 11, 16

More Information about Week Numbers

In light of Covid-19 and the move to blended learning delivery the assessment information advertised for second half-session courses may be subject to change. All updates for second-half session courses will be actioned in advance of the second half-session teaching starting. Please check back regularly for updates.

Summative Assessments

2x Problem-solving / short answer questions (50% each)

Alternative Resit Arrangements for students taking course in Academic Year 2020/21

Resit: An alternative assessment (100%) comprising a mix of problem-set and short-answer questions (250 words).

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome

Compatibility Mode

We have detected that you are have compatibility mode enabled or are using an old version of Internet Explorer. You either need to switch off compatibility mode for this site or upgrade your browser.