Gwybodaeth Modiwlau
Course Delivery
Delivery Type | Delivery length / details |
---|---|
Seminar | 11 x 1 Hour Seminars |
Lecture | 11 x 1 Hour Lectures |
Lecture | 11 x 2 Hour Lectures |
Assessment
Assessment Type | Assessment length / details | Proportion |
---|---|---|
Semester Exam | 2 Hours Unseen written examination | 70% |
Semester Assessment | Assessment 1 | 10% |
Semester Assessment | Assessment 2 | 10% |
Semester Assessment | Tutorial attendance and completion of prescribed exercises | 10% |
Supplementary Exam | 2 Hours Unseen written examination | 100% |
Learning Outcomes
On successful completion of this module students should be able to:
- Explain how markets coordinate economic activity and produce equilibrium prices and quantities;
* Assess the mutual benefit from trade between individuals and between countries;
* Describe optimising behaviour by households and firms;
* Discuss the effects of alternative market structures and evaluate market outcomes for policy purposes;
* Identify quantitative relationships and the formulae underlying models;
* Develop the ability to follow logical arguments;
* Have enhanced capacity to recognise and solve problems.
Aims
To introduce students to the principles underlying economics, using illustrations from the study of markets and the macroeconomy.
Brief description
Content
- Introductory Microeconomics
- What is Economics?
- Demand and Supply
- Government Intervention in Markets
- Measuring the Efficiency of Markets
- Goods which Impose Costs on Others
- The Tax System
- Introductory Macroeconomics
- Measuring Economic Activity
- The Determinants of Macroeconomic Acitivity
- Inflation, Deflation and Unemployment
Notes
This module is at CQFW Level 4