Module Identifier EC10610  
Module Title ECONOMIC PRINCIPLES 2  
Academic Year 2001/2002  
Co-ordinator Professor Andrew Henley  
Semester Semester 2  
Mutually Exclusive EC10320  
Course delivery Lecture   22 Hours  
  Seminars / Tutorials   5 Hours  
Assessment Exam   2 Hours   100%  

Aims


To extend students' (taking single, major or joint honours Economics) understanding of the principles underlying economics introduced in EC10120.

Learning outcomes


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.

Reading Lists

Books
N G Mankiw. (2001) Principles of Economics. 2nd edition. Harcourt
K E Case, R C Fair, M Gartner and Heather, K. (1999) Economics. 2nd edition. Prentice Hall, Europe
R Frank and B Bernanke. (2001) Principles of Economics. McGraw Hill
J Sloman. (1997) Economics. Prentice Hall