Skip to main content Skip to navigation

EC901: Economic Analysis AA

  • Carlo Perroni

    Module Leader
  • Helios Herrera

    Module Lecturer
  • Michela Redoano Coppede

    Module Lecturer
  • Omer Moav

    Module Lecturer
22/24/44 CATS - Department of Economics
Also known as: Economic Analysis A: Microeconomics / Economic Analysis A: Microeconomics

Principal Aims

22 CATS

The module aims to provide a firm understanding of the principles of microeconomic analysis, and some important applications including to economic policy.

24 CATS

The module aims to provide a firm understanding of the principles of microeconomic analysis, and some important

applications including to economic policy.

44 CATS

The module aims to provide a firm understanding of the principles of microeconomic and macroeconomic analysis, and some important applications including to economic policy.

Principal Learning Outcomes

22 CATS

Subject Knowledge and Understanding:...demonstrate a thorough understanding of policy implications of microeconomics analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...have a thorough understanding of the theoretical foundations of microeconomic analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of empirical applications of microeconomic theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of microeconomic concepts relating to game theory, information economics and choice under uncertainty. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

24 CATS

Subject Knowledge and Understanding:...have a thorough understanding of the theoretical foundations of microeconomic analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of empirical applications of microeconomic theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of policy implications of microeconomics analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of microeconomic concepts relating to game theory, information economics and choice under uncertainty. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

44 CATS

Subject-specific Skills/Professional Skills/Knowledge and Understanding:...develop a thorough understanding of how macroeconomic models can be used in policymaking and help explain empirical evidence. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of policy implications of microeconomics analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of microeconomic concepts relating to game theory, information economics and choice under uncertainty. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...have a thorough understanding of the theoretical foundations of macroeconomic analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Cognitive Skills:...develop a thorough and critical understanding of growth and modern macroeconomics. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...have a thorough understanding of the theoretical foundations of microeconomic analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of empirical applications of microeconomic theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Syllabus

22 CATS

The syllabus may cover, but is not limited to, the following areas: Consumer theory, behavioural economics, choice under uncertainty, producer theory, cost-benefit analysis, introduction to game theory, externalities, welfare economics, and imperfect information, with reference to policy and evidence.

24 CATS

The module will bridge the conventional material of an undergraduate degree and more advanced material that would be important for postgraduate work. The syllabus may cover, but is not limited to, the following areas: Consumer theory, behavioural economics, choice under uncertainty, producer theory, cost-benefit analysis, introduction to game theory, externalities, welfare economics, and imperfect information, with reference to policy and evidence.

44 CATS

The syllabus may cover, but is not limited to, the following areas:

Microeconomics A:

Consumer theory, behavioural economics, choice under uncertainty, producer theory, cost-benefit analysis, introduction to game theory, externalities, welfare economics, and imperfect information, with reference to policy and evidence.

Macroeconomics A:

Solow growth model, growth accounting, convergence, overlapping generations model, endogenous growth, income inequality and growth, unified growth theory, IS-LM model, rules versus commitment in central banking, sustainability models, consumption, investment, institutions and geography, nominal rigidities, the “Philips curve”, monetary policy, inflation and seignorage, rational expectations models, debt sustainability, exchange rates, purchasing power parity.

Context

Optional Module
G30B - Year 4
Pre or Co-requisites
22 CATS - The module demands a basic knowledge of microeconomic principles, and elementary mathematical methods such as constrained optimisation. 24 CATS - The module demands an intermediate knowledge of microeconomic principles, and elementary mathematical methods such as constrained optimisation. 44 CATS - Microeconomics A demands an intermediate knowledge of microeconomic principles, and elementary mathematical methods such as constrained optimisation. Macroeconomics A requires a sound knowledge of intermediate macroeconomics, as represented by texts such as Blanchard, Macroeconomics (Prentice Hall). Maths techniques used will include differential and difference equations; however the emphasis will be on economic understanding.

Assessment

Assessment Method
22 CATS - Coursework (12%) + Micro A Examination (88%) 24 CATS - Coursework (12%) + Exam (88%) 44 CATS - Coursework (12%) + Micro A examination (44%) + Macro A examination (44%)
Coursework Details
22 CATS , Exam (88%) , Macro A examination (44%) , Micro A Examination (88%) , Micro A examination (44%) , Test 2 Macro A (3%) , Test 2 Micro A (6%) , Test 2 Microeconomics A (6%) , Test 3 Micro A (3%) , Test 4 Macro A (3%)
22 CATS: Micro A Examination (88%) , Test 1 Micro A (6%) , Test 2 Micro A (6%)
Exam Timing
N/A

Reading Lists