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QB1502: INTRODUCTION TO ECONOMICS (2022-2023)

Last modified: 31 Jul 2023 11:19


Course Overview

The course is an introduction to Economics and aims to develop an understanding of the economics of the markets at a microeconomic level and  the economy at the macroeconomic  level. It will include the study of the behaviour of economic agents such as consumers, workers, households, firms, central banks and governments. It seeks to investigate how objectives such as utility, social welfare, profits, GDP and growth are pursued. The course allows students to acquire skills in positive analysis to gain a deeper understanding of the factors determining trade in markets, whilst also start to develop some of the normative analytical policy tools, with attention given to optimal industry specific, monetary and fiscal policy recommendations.

Course Details

Study Type Undergraduate Level 1
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus Offshore Sustained Study No
Co-ordinators

Sorry, we don't have a record of any course coordinators.

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

  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The course is an introduction to Economics and aims to develop an understanding of the economics of the markets at a microeconomic level and  the economy at the macroeconomic  level. It will include the study of the behaviour of economic agents such as consumers, workers, households, firms, central banks and governments. It seeks to investigate how objectives such as utility, social welfare, profits, GDP and growth are pursued. The course allows students to acquire skills in positive analysis to gain a deeper understanding of the factors determining trade in markets, whilst also start to develop some of the normative analytical policy tools, with attention given to optimal industry specific, monetary and fiscal policy recommendations.


Contact Teaching Time

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

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

1st Attempt

3 x MCQ Tests (20% each)

2000-word Individual Essay (40%)

 

Resit

Assessment comprising MCQ and essay questions, approx 2000 words (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

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