EC901: Microeconomics A
Carlo Perroni
Module Leader
Michela Redoano
Module Lecturer
Introduction
EC901-30 Microeconomics APrincipal Aims
To enable students to acquire a thorough understanding of key microeconomic principles, covering some of the most important topics, concepts and methods used in modern microeconomic analysis, along with relevant policy, evidence and applications.
Principal Learning Outcomes
Subject Knowledge and Understanding:...have a thorough understanding of the theoretical foundations of microeconomic analysis.
Subject Knowledge and Understanding:...demonstrate a thorough understanding of empirical applications of microeconomic theory.
Subject Knowledge and Understanding:...demonstrate a thorough understanding of microeconomic concepts relating to game theory, information economics and choice under uncertainty.
Syllabus
The syllabus may cover, but is not limited to, the following areas:
Consumer theory, behavioural economics, choice under uncertainty, general equilibrium, introduction to game theory, incomplete information, auctions and principal-agent problems, with reference to policy and evidence.
Context
- Optional Core Module
- C8P8 - Year 1, L1P6 - Year 1, L1P7 - Year 1
- Optional Module
- G30B - Year 4
- Pre or Co-requisites
- The module demands a basic knowledge of microeconomic principles, and elementary mathematical methods such as constrained optimisation.
Assessment
- Assessment Method
- Coursework (10%) + Centrally-timetabled examination (On-campus) (90%)
- Coursework Details
- Centrally-timetabled examination (On-campus) (90%) , Test 1 Micro A (5%) , Test 2 Micro A (5%)
- Exam Timing
- January
Subject Specific Skills
- Applied Economics
- Economic Information
- Economic Principles
- Research and Debate
- Abstraction
- Analysis of Incentives
- Analysis of Optimisation
- Analytical Reasoning
- Analytical thinking and communication
- Concepts of Simultaneity and Endogeneity
- Creative Thinking
- Critical Thinking
- Policy Evaluation
- Problem Solving
- Strategic Thinking
- Sustainability
- Understanding of Uncertainty and Incomplete Information
Transferable Skills
- IT skills
- Numeracy and Quantitative Skills
- Information Technology
- Mathematical, statistical, data-based research skills
- Oral Communication
- Written Communication