EC202-5-SP-CO:
Microeconomics (Intermediate)
2020/21
Economics
Colchester Campus
Spring
Undergraduate: Level 5
Current
Sunday 17 January 2021
Friday 26 March 2021
15
25 August 2020
Requisites for this module
(none)
(none)
(none)
(none)
EC322, EC355, EC363, EC365, EC366, EC371, EC372, EC383, EC387
BA L100SK Economics,
BSC L101SK Economics,
BSC C814 Psychology with Economics,
BSC C815 Psychology with Economics (Including Year Abroad),
BSC C816 Psychology with Economics (Including Placement Year)
The microeconomics course studies some of the fundamental concepts and methods in economics. In the first term, the basic theories of consumer and producer behaviour are studied in the context of competitive markets. Then, by combining these two theories, various properties of such markets are investigated together with their welfare properties. In the second term, the focus is on the study of how various imperfections, or frictions, affect the outcomes of decentralised markets.
The course aims to equipt students with the basic tools and methods of analysis used in economic reasoning.
Upon completion of the course, students should be able to understand the basic model-building methodology of microeconomics and should have conducted some original model-building of simple microeconomic problems. Relatedly, students should be able to conceptualise simple microeconomic issues and understand the analytical reasoning underlying microeconomic analysis. Students should understand the topics covered on several different levels: mathematical as well as graphical and heuristic or verbal. They should have a critical appreciation of the approach taken to economic issues and policies. Students should be able to express their analyses and appraisals in written form.
The module provides students with the following employability skills. Academic skills (literacy, numeracy, ICT skills) are enhanced through essay writing, mathematical problem solving and the use of ICT equipment. Students are encouraged to carry out research and information gathering as background reading. Communication skills are enhanced through various forms of assessment and class participation. Personal development planning (target setting and time management) is also promoted.
No additional information available.
2 hours of lectures per week, weeks 2-11, 16-25.
One hour class per week, weeks 3-11, 16-25, 30.
Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance. For modules including a term paper, the term paper will be returned with individualised feedback that addresses what the marking criteria are and how you could improve your own work.
This module does not appear to have any essential texts. To see non-essential items, please refer to the module's reading list.
Assessment items, weightings and deadlines
Coursework / exam |
Description |
Deadline |
Coursework weighting |
Coursework |
23/02/2021 - Moodle Test (Spring) |
|
100% |
Exam |
Main exam: 180 minutes during Summer (Main Period)
|
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Whichever is the Greater:
EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark
OR 100 per cent Exam Mark IF Coursework Mark is a pass or better
Reassessment
Whichever is the Greater:
EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark
OR 100 per cent Exam Mark IF Coursework Mark is a pass or better
Module supervisor and teaching staff
Dr Albin Erlanson, email: albin.erlanson@essex.ac.uk.
Dr George Symeonidis, email: symeonid@essex.ac.uk.
Albin Erlanson (Au), Dr George Symeonidis (Sp)
For further information, send an email message to ueco@essex.ac.uk.
Yes
No
No
Dr Giancarlo Ianulardo
University of Exeter Business School
Lecturer in Economics
Available via Moodle
Of 822 hours, 0 (0%) hours available to students:
822 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
Economics
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