ECON2001 - Microeconomics

Terms 1 & 2


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.


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
Module Evaluation (Previous year): ECON2001
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