Module Identifier EC10120  
Module Title INTRODUCTORY MICROECONOMICS:CHOICE,EFFICIENCY + MARKETS  
Academic Year 2000/2001  
Co-ordinator Ms Molly Scott Cato  
Semester Semester 1  
Co-Requisite MA12610 (unless exempted)  
Mutually Exclusive EC10510  
Course delivery Lecture   22 Hours  
  Seminars / Tutorials   10 Hours  
Assessment Exam   2 Hours   80%  
  Course work     20%  

Aims
To provide students taking single, major or joint honours Economics with an introduction to the principles underlying microeconomics - the study of consumers, firms and market behaviour.

Learning outcomes
On successful completion to the module students will understand the tradeoffs people face, the notion of opportunity cost, the way marginal analysis can help lead to rational decisions, how people respond to incentives, how trade can make everyone better off, and how markets are usually a good way to organise economic activity, but governments can sometimes improve market outcomes.

Module outline
The current year's module outline can be found via The School's website

Reading Lists
Books
N G Mankiw. (2001) Principles of Economics, (New Edition). 2nd. Harcourt