The main objective of this module is to provide a foundation of key microeconomic principles, covering some of the most important topics, concepts and methods used in modern microeconomic analysis.
Principal Learning Outcomes
The module aims to provide a firm understanding of the principles of microeconomic analysis.
The module will bridge the conventional material of an undergraduate degree and more advanced material that would be important for postgraduate work. The material covered in last year's syllabus included consumer theory, uncertainty, general equilibrium, game theory, externalities, imperfect information. The set of topics covered this year may change slightly.
- Core Module
- L1P6 - Year 1, L1P7 - Year 1, C8P8 - Year 1
- Pre or Co-requisites
- The module demands a basic knowledge of microeconomic principles, and elementary mathematical methods such as constrained optimisation.
- Assessment Method
- Coursework (10%) + 3 hour exam (90%)
- Exam Timing
Time Allowed: 3 Hours plus 15 minutes reading time during which notes may be made (on the question paper only) BUT NO ANSWERS MAY BE BEGUN.
Answer FOUR questions: TWO questions must be from Section A and TWO questions must be from Section B. Answer Section A questions in one booklet and Section B questions in a separate booklet. All questions carry equal weight.
Approved pocket calculators are allowed.
Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book. If you answer more questions than are required and do not indicate which answers should be ignored, we will mark the requisite number of answers in the order in which they appear in the answer book(s): answers beyond that number will not be considered.
Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.