EC2003: INTERMEDIATE MICROECONOMICS (2020-2021)

Last modified: 05 Aug 2021 13:04

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	Aberdeen	Sustained Study	No
Co-ordinators	Dr Agathe Rouaix

Qualification Prerequisites

Programme Level 2

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

Any Undergraduate Programme
EC1006 The Economics of Business and Society (Passed)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

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

3x online quizzes (30%)

2x Problem-based assignments (35% each)

Alternative Resit Arrangements for students taking course in Academic Year 2020/21

Resit: Problem set assignment (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge Level	Thinking Skill	Outcome

Factual	Remember	ILO’s for this course are available in the course guide.