ECON2001 - Microeconomics

Terms 1 & 2



Aims:

To provide students with a thorough understanding of core concepts and methods of microeconomics, as a foundation for subsequent study of microeconomic topics within the degree programme, and as one of the key elements in the professional training of an economist.

Objectives:

At the end of the module, students should:

  • Understand the main elements of microeconomic theory, at a level appropriate for an economics graduate
  • Understand microeconomic models and problems expressed in standard mathematical terms, and be able to solve and interpret problems based on such models at a level of difficulty appropriate for an economics graduate
  • Be able to use microeconomic concepts and methods to analyse and interpret real-world microeconomic phenomena, and to assess issues of microeconomic policy.
Taught by:
Martin Cripps (Term 1), Ian Preston (Term 2)
Assessment: There will be 40 hours of lectures in all (20 in each term). Other teaching will be a mixture of demonstration classes and compulsory smaller-group tutorial classes (6 in each term). There will be a single 3-hour unseen written examination for the whole course in Term 3.
Suitable for:
Compulsory for 2nd year Economics (L100), Econ/Geog (LL17) and Phil/Econ (VL51) students.
Prerequisites: ECON1001: Economics
Moodle page:
ECON2001