| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 22 Hours. |
| Seminars / Tutorials | 5 Hours. |
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | 2 pieces of coursework | 20% |
| Semester Exam | 2 Hours (sat in semester 2) | 80% |
| Supplementary Exam | 2 Hours | 100% |
On successful completion of this module students should be able to:
* Be familiar with the limitations of mainstream consumer theory and able to appreciate alternative approaches and their drawbacks;
* Have an appreciation of the structure-conduct-performance paradigm and the extent to which it may be used to regulate markets.
The module aims to build upon foundations of elementary microeconomic theory established in modules EC10120 and EC10320 to deepen and extend knowledge of concepts and techniques of neoclassical microeconomics. His will involve application of the theory of rational choice applied to individuals and firms under conditions of certainty.
This module teaches essential concepts in microeconomic theory, and comprises discussions of consumer behaviour, the theory of the firm, and welfare economics.
This module is at CQFW Level 6