Not available in 2020/21
EC1A1 Half Unit
Microeconomics I
This information is for the 2020/21 session.
Teacher responsible
To be confirmed.
Availability
This course is compulsory on the BSc in Econometrics and Mathematical Economics and BSc in Economics. This course is not available as an outside option nor to General Course students.
Pre-requisites
Economics (EC1P1)
Course content
This course builds on the knowledge learned in EC1P1. You will learn the principles of microeconomics analysis, some recent developments in decision-making and several key applications. We will combine microeconomic theory with experimental and other evidence to address important policy-relevant questions. You will apply consumer and producer theory, including firm decision-making with different market structures and consumer decision making under uncertainty. Insights from game theory will inform analysis of interdependent choices, such as the case of public goods, and the role of government policy in such settings.
Teaching
20 hours of lectures and 10 hours of classes in the LT.
Formative coursework
There are weekly assignments and feedback will be given on two. Moodle quizzes will also be held.
Indicative reading
- Acemoglu, D. Laibson, D. and J. A. List (2016) Microeconomics, Pearson.
- Perloff, J.M. Microeconomics: Theory and Applications with Calculus, 4th edition Pearson 2018 (or earlier editions).
- M Anthony & N L Biggs, Mathematics for Economics and Finance: Methods and Modelling, CUP, 1996.
- Jacques, I. Mathematics for Economics and Business, Pearson, 2012 (or earlier editions)
Assessment
Exam (75%, duration: 3 hours) in the summer exam period.
Class participation (10%) in the MT and LT.
Problem sets (15%) in the LT.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Key facts
Department: Economics
Total students 2019/20: Unavailable
Average class size 2019/20: Unavailable
Capped 2019/20: No
Value: Half Unit
Personal development skills
- Self-management
- Team working
- Problem solving
- Communication
- Application of numeracy skills
