Economics 2 (VS1) (ECNM08011)
Normal Year Taken
Delivery Session Year
Visiting students must have at least 1 introductory level Economics course at grade B or above for entry to this course. We will only consider University/College level courses.
This intermediate level course is intended to develop a rigorous understanding of core economic models and analysis, together with an ability to apply the analysis in a variety of contexts.
This course is intended to develop a rigorous understanding of core economic models and analysis, together with an ability to apply the analysis in a variety of contexts. It looks at the theory of the firm and market structure, factor markets, externalities, the role of government and general equilibrium, with applications to monopoly and oligopoly, stock markets, property rights and public goods. Along with two economics lectures each week, a third lecture will focus on mathematical techniques including constrained optimisation. The course is taught through a programme of lectures and tutorials. Learning-by-doing, through problem solving and tutorial work, is an important ingredient of the course, with regular practice tests to reinforce an active approach to learning. Students with a weak maths background will need to be prepared to work at developing their maths skills.
Written Exam 95%, Coursework 5%, Practical Exam 0%
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