EC100-4-FY-CO:
Economics for Business
2015/16
Economics
Colchester Campus
Full Year
Undergraduate: Level 4
Current
30
19 February 2009
Requisites for this module
(none)
(none)
(none)
EC111
EC120, EC245, EC246, EC335
BSC N400 Accounting,
BSC N401 Accounting (Including Foundation Year),
BSC N402 Accounting (Including Year Abroad),
BSC N404 Accounting (Including Placement Year),
BSC N420 Accounting and Finance,
BSC N422 Accounting and Finance (Including Placement Year),
BSC NN43 Accounting and Finance (Including Foundation Year),
BSC NNK3 Accounting and Finance (Including Year Abroad),
BSC NN24 Accounting and Management,
BSC NN27 Accounting and Management (Including Placement Year),
BSC NN42 Accounting and Management (Including Foundation Year),
BSC NNK2 Accounting and Management (Including Year Abroad),
BSC N390 Banking and Finance,
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BSC N200 Business Management,
BSC N201 Business Management (Including Foundation Year),
BSC N202 Business Management (Including Year Abroad),
BSC N204 Business Management (Including Placement Year),
BSC N300 Finance,
BSC N301 Finance (Including Foundation Year),
BSC N302 Finance (Including Year Abroad),
BSC N304 Finance (Including Placement Year),
BSC NN25 Management and Marketing,
BSC NN2M Management and Marketing (Including Placement Year),
BSC NNF5 Management and Marketing (Including Year Abroad)
The Economics for Business module provides an introductory overview of modern economics, including examples in microeconomics that have a bearing on the world of business, i.e., the organisation of firms, the economic implications of their objectives, and the markets in which they operate. The topics covered in the module are, however, the same as a standard introductory economics module (e.g. EC111 Introduction to Economics).
Economy for Business is designed for students with no previous background in economics. Although, the approach is analytical as befits modern economics, the analysis is pursued in a non-technical manner, with the principles developed using verbal reasoning complemented with graphical methods.
Upon completion of the module, students will be able to demonstrate an awareness of the concepts and principles central to the discipline of economics. They will be able to apply those principles to analyse elementary economic problems and to comment on their implications. Students will be able to discuss the predictions of elementary theories of the firm in a variety of market contexts (including perfect competition, monopoly and oligopoly). They will also be able to assess the implications government economic polices in the contect of the theories covered in the module. The module contributes towards the key skills of problem solving, numeracy, communication, working with others, time management, and general business skills.
No information available.
No information available.
EC100 Economics for Business is intended for students in the first year of the Essex Business School, and is available as an outside option for other students. The module is designed as an overview of economics for students who do not intend to pursue the discipline beyond the introductory level (i.e., beyond level 4) it is a terminal module. Hence, Economics for Business will be accepted as a pre-requisite for only a limited range (to be published) of level 5 (or higher) modules in economics. The module will not provide eligibility for admission to the second year of any economics programme at the University.
EC111 Introduction to Economics is also available as an outside option.
EC111 Introduction to Economics is also available as an outside option.
2 lectures per week, weeks 2-11, 16-25. 1 class per week, weeks 3-11, 16-25, 30-32
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Coursework |
Assignment 1 |
|
50% |
| Written Exam |
Test 1 |
|
50% |
| 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
Reassessment
Module supervisor and teaching staff
Prof Ludovic Renou (Au) & Prof Wakefield (Sp)
For further information, send an email message to ueco (Non essex users should add @essex.ac.uk to create the full email address)
Yes
No
No
No external examiner information available for this module.
Available via Moodle
No lecture recording information available for this module.
Economics
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