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School of Social Sciences

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BAEcon Economics
Learn how the social sciences can help you to understand today's world.

BAEcon Economics / Course details

Year of entry: 2018

Course unit details:
Microeconomics IIA

Unit code ECON20351
Credit rating 10
Unit level Level 2
Teaching period(s) Semester 1
Offered by Economics
Available as a free choice unit? Yes

Overview

See course Blackboard pages.

Pre/co-requisites

Unit title Unit code Requirement type Description
ECON10041 Pre-Requisite Compulsory
ECON10081 Pre-Requisite Compulsory
ECON10042 Pre-Requisite Compulsory
ECON10082 Pre-Requisite Compulsory
Introductory Mathematics ECON10061 Pre-Requisite Compulsory
ECON10001 Pre-Requisite Compulsory
Advanced Mathematics ECON10071 Pre-Requisite Compulsory
Pre-requisites: (ECON10041 & ECON10042) OR (ECON10081 & 10082) AND EITHER (ECON10061 or ECON10001 or ECON10071)

Students must take at least one of the following combinations to take this course unit (compulsory Pre-Requisite):

  • (ECON10041 AND ECON10042) or
  • (ECON10081 AND ECON10082)

 

AND they must also take at least one of the following (compulsory Pre-Requisite):

  • ECON10061 or
  • ECON10001 or
  • ECON10071

Aims

Together with ECON20352, the aims of this course unit are:

  1. To introduce students to the fundamental concepts and techniques of intermediate microeconomic analysis.
  2. To prepare students for microeconomics courses in their final year.

Learning outcomes

At the end of this course unit, students should be able to demonstrate their understanding, at an intermediate level, of:

  1. The theory of consumer behaviour.
  2. The theory of the competitive firm.
  3. Marginal productivity and factor pricing.
  4. General equilibrium theory.
  5. The "equity versus efficiency" debate in welfare economics.

Teaching and learning methods

Lectures and tutorial classes.

Employability skills

Analytical skills
Problem solving

Assessment methods

  • Mid-Semester Test - 33%.
  • Final Examination in January - 67%.

Feedback methods

Students should prepare answers to all questions in each tutorial. Oral feedback will be given in tutorials and model answers will be posted on Blackboard.

Recommended reading

“Microeconomics” by Wynn Morgan, Michael Katz and Harvey Rosen, 2009. 2nd Edition.

 

Study hours

Scheduled activity hours
Assessment written exam 1.5
Lectures 16
Tutorials 4
Independent study hours
Independent study 78.5

Additional notes

Students who have taken only ECON10061 may find it useful to take ECON20281 concurrently.

BA (Econ) students should note that this course unit is a pre-requisite for specIalisation in Economic Studies as a single area of study in their third year. It is also a pre-requisite for students seeking to specialise in Economics combined with either Accounting, Finance or Business Studies. The course is not a pre-requisite for selecting Economic Studies as a joint area of study in other areas.

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