MICROECONOMICS 2

MICROECONOMICS 2
Course Code
EC 2002
Credit Points
30
Course Coordinator
Dr J D F Skåtun

Pre-requisites

EC 1003

Overview

This course is designed both for those who, after completion of Microeconomics 1, wish to take a further course in Microeconomics for the MA without Honours, and for those who wish to proceed to Honours. The course examines a number of key areas in microeconomics including demand theory, production and cost, factor markets, market structures, externalities and public goods, and the application of microeconomics principles to important spheres of economic policy such as the regulation of merger activity and the operation of investor-owned utility monopolies.

Structure

3 one-hour lectures and 1 one-hour tutorial per week.

Assessment

1st Attempt: 1 two-hour examination (70%) and in-course assessment (30%).

Resit: 1 two-hour examination (70%) and in-course assessment (30%).