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EC2003: INTERMEDIATE MICROECONOMICS (2017-2018)

Last modified: 25 May 2018 11:16


Course Overview

This course builds on and is a natural extension of EC 1006. By examining in a more rigorous way concepts introduced in EC 1006 students will develop further their analytical skills and they will obtain a better understanding of consumers and producers behaviour, market structure as well as the effectiveness of economic policy.  The course is designed to appeal to all students interested in economics. This includes students who may wish not to enter into any further studies of economics, as well as students who may wish to continue studying economics at the honours level.

Course Details

Study Type Undergraduate Level 2
Term First Term Credit Points 30 credits (15 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Agathe Rouaix

Qualification Prerequisites

  • Programme Level 2

What courses & programmes must have been taken before this course?

  • Either EC1005 The Economics of Business and Society (Passed) or EC1006 The Economics of Business and Society (Passed)
  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

  • EC2002 Microeconomics 2 (Studied)

Are there a limited number of places available?

No

Course Description

This course builds on and is a natural extension of EC 1006. It will further develop the student's analytical skills, and hopes to investigate in a more rigorous way concepts introduced in EC 1006. The course is designed appeal to all students interested in economics. This includes both students who may wish not to enter into any further studies of economics, but rather pursue studies other than economics after the completion of this course, as well as students who may explicitly wish to continue their study economics at the honours level, and thus in part use Microeconomics II as a means to this end.

The course examines a number of key areas in microeconomics including demand theory, production and cost, factor markets, market structure and strategic interaction, externalities, public goods and evaluation of projects and the application of microeconomic principals to important spheres of economic policy such as the regulation of merger activity and the operation of investor owned utility monopolies.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

1st Attempt

  • One 2-hour examination (70%)
  • Continuous assessment consisting of one class test and two 750-word assignments (30%)

Resit

  • One 2-hour written examination (100%)

Formative Assessment

This will take place via tutorial discussions.

Feedback

Feedback is given after the class tests. On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations.

Course Learning Outcomes

None.

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