Course Details

Country: United Kingdom
Course Title: Microeconomics
Course Number: EC1000
Course Description: By the end of this module, students should be able to: 1. Describe the basic theory of the behaviour of economic and social agents. 2. Define the fundamental concepts – such as objectives, constraints, demand, cost, rationality, equilibrium – comprising the microeconomist’s toolkit. 3. Describe simple policy tools (e.g., taxes and subsidies), the contexts in which they might be deployed, and their likely consequences. 4. Demonstrate important insights about strategic behaviour that can improve students' skills when engaged in strategic situations. 5. Describe some basic mistakes and fallacies in decision making. Explain the interface between rationality and emotions in decision making. 6. Demonstrate academic integrity in their submitted work through appropriate use of academic citation and referencing conventions.
Language: English
Approved Equivalent: ECON 103
Course URL:
Attachment Files: EC1000.pdf


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