|| EC10320 |
|| ECONOMIC PRINCIPLES AND SKILLS 2 |
|| 2001/2002 |
|| Professor Andrew Henley |
|| Semester 2 |
|| MA12610 and MA13610 (unless exempted) |
|| EC10610 |
| Course delivery
|| Lecture || 22 Hours |
|| Seminars / Tutorials || 10 Hours |
|| Course work || || 20% |
|| Exam || 2 Hours || 80% |
To extend students' (taking single, major or joint honours Economics) understanding of the principles underlying economics introduced in EC10120.
On successful completion of the module students will understand optimising behaviour by households and firms and the effects of alternative market structures. They will also have analysed the composition of the main macroeconomic aggregates and how they are measured - consumption, saving, foreign economic activity, government spending. They will also gain an appreciation of how taxation and monetary policy can influence economic activity and the nature and causes of unemployment and inflation. They will also be able to relate the impact of changes in macroeconomic activity on the business sector.
The module will help students to acquire specific transferable skills. By attending lectures students will improve on their ability to digest information delivered in real time and take notes. They will develop their ability to follow arguments and develop their logic and as a result improve on their capacity to see and solve problems. Essay writing and class work will help them to acquire time management, teamwork and presentational skills. Their numeracy will be enhanced by handling quantitative relationships and formulae. Through use of the library and internet they will enhance their research and IT skills. The learning experience will encourage students to reflect on ideas and thoughts.
Mankiw, N G,. (2001)
Principles of Economics. 2nd edition. Harcourt
K E Case, R C Fair, M Gartner and Heather, K. (1999)
Economics,. 2nd edition. Prentice Hall
R Frank and B Bernanke. (2001)
Principles of Economics. McGraw Hill
J Sloman. (1997)
Economics. Prentice Hall