Last modified: 07 Nov 2025 12:46
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.
| Study Type | Undergraduate | Level | 2 |
|---|---|---|---|
| Term | First Term | Credit Points | 30 credits (15 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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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.
Information on contact teaching time is available from the course guide.
| Assessment Type | Summative | Weighting | 70 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Knowledge and Understanding of a coherent core of methodological concepts, issues, and their importance in the study of economic principles. |
| Conceptual | Understand | Knowledge and Understanding of the importance of economic data, qualitative and quantitative, in economic discourse |
| Conceptual | Understand | An understanding of analytical methods: in particular in relation to relevant theory and model based analysis. |
| Factual | Understand | Knowledge and Understanding of the history and development of economic ideas, methods and practices, drawing results and analysis from 19th century economics research to current trends of research |
| Factual | Understand | Knowledge of different methods of analysis adopted by economists, including common approaches to model building and typical assumptions used in economic theory. |
| Procedural | Analyse | Ability to analyse applied economic problems and policy issues using relevant economic principles. |
| Procedural | Apply | Application of relevant mathematical techniques needed for the microeconomic analysis |
| Assessment Type | Summative | Weighting | 10 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | An understanding of analytical methods: in particular in relation to relevant theory and model based analysis. |
| Factual | Understand | Knowledge of different methods of analysis adopted by economists, including common approaches to model building and typical assumptions used in economic theory. |
| Procedural | Apply | Application of relevant mathematical techniques needed for the microeconomic analysis |
| Assessment Type | Summative | Weighting | 10 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Duration: 45 mins. Online test worth 10% of the overall grade. Feedback is given after the test. On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations. |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Knowledge and Understanding of a coherent core of methodological concepts, issues, and their importance in the study of economic principles. |
| Conceptual | Understand | Knowledge and Understanding of the importance of economic data, qualitative and quantitative, in economic discourse |
| Factual | Understand | Knowledge and Understanding of the history and development of economic ideas, methods and practices, drawing results and analysis from 19th century economics research to current trends of research |
| Procedural | Analyse | Ability to analyse applied economic problems and policy issues using relevant economic principles. |
| Assessment Type | Summative | Weighting | 10 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Duration: 45 mins. Online test worth 10% of the overall grade. Feedback is given after the test. On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations. |
|||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Knowledge and Understanding of a coherent core of methodological concepts, issues, and their importance in the study of economic principles. |
| Conceptual | Understand | Knowledge and Understanding of the importance of economic data, qualitative and quantitative, in economic discourse |
| Factual | Understand | Knowledge and Understanding of the history and development of economic ideas, methods and practices, drawing results and analysis from 19th century economics research to current trends of research |
| Procedural | Analyse | Ability to analyse applied economic problems and policy issues using relevant economic principles. |
There are no assessments for this course.
| Assessment Type | Summative | Weighting | 100 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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|
||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Knowledge and Understanding of a coherent core of methodological concepts, issues, and their importance in the study of economic principles. |
| Conceptual | Understand | An understanding of analytical methods: in particular in relation to relevant theory and model based analysis. |
| Procedural | Apply | Application of relevant mathematical techniques needed for the microeconomic analysis |
| Factual | Understand | Knowledge of different methods of analysis adopted by economists, including common approaches to model building and typical assumptions used in economic theory. |
| Factual | Understand | Knowledge and Understanding of the history and development of economic ideas, methods and practices, drawing results and analysis from 19th century economics research to current trends of research |
| Conceptual | Understand | Knowledge and Understanding of the importance of economic data, qualitative and quantitative, in economic discourse |
| Procedural | Analyse | Ability to analyse applied economic problems and policy issues using relevant economic principles. |
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