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EC131 - Economics for Business

  • Module code: EC131
  • Module name: Economics for Business
  • Department: Economics
  • Credit: 12, 15

Content and teaching | Assessment | Availability

Module content and teaching

Principal aims

To equip students with an essential understanding of fundamental concepts in micro and macroeconomics, as relevant for the study of business; To develop a range of appropriate analytical skills, including descriptive, graphical and elementary mathematical methods; To develop in students the capacity to apply analytical techniques to real world problems, especially in the business context.

Principal learning outcomes

By the end of the module the student should be able to understand key concepts in Economics, such as national income determination, supply, demand and opportunity cost; demonstrate knowledge of economic trends, institutions and policies, especially in the context of business and industry-related problems and issues; abstract and simplify basic economic problems through the application of simple theoretical models.

Timetabled teaching activities

20 Lecture hours and 7 Support and Feedback classes.

Departmental link

http://go.warwick.ac.uk/ec131

Module assessment

Assessment group Assessment name Percentage
12 CATS (Module code: EC131-12)
B (Examination only) 2-hour examination (Summer) 100%
B1 (Examination only) 2-hour examination (STAFF USE ONLY) 100%
D (Assessed/examined work) Assignment (RN21 only) 10%
  2 hour examination (RN21 only) 90%
VA (Visiting students only) 100% assessed Visiting/Exchange PART YEAR ONLY 100%
15 CATS (Module code: EC131-15)
B (Examination only) 2-hour examination (Summer) 100%
B1 (Examination only) 2-hour examination (STAFF USE ONLY) 100%
D (Assessed/examined work) Assignment (RN21 only) 10%
  2 hour examination (RN21 only) 90%
VA (Visiting students only) 100% assessed Visiting/Exchange PART YEAR ONLY 100%

Module availability

This module is available on the following courses:

Core
  • Undergraduate International Business (N140) - Year 2
  • Undergraduate International Business with French (N1R1) - Year 2
  • Undergraduate International Business with German (N1R2) - Year 2
  • Undergraduate International Business with Italian (N1R3) - Year 2
  • Undergraduate International Business with Spanish (N1R4) - Year 2
  • BSc in Management (N201) - Year 1
  • BSc in International Management (N203) - Year 1
  • Undergraduate Management (with Foundation Year) (N20A) - Year 2
  • BSc in Management (with Intercalated Year/UPP) (N210) - Year 1
  • Undergraduate Accounting and Finance (with Foundation Year) (N4N4) - Year 2
  • Undergraduate Accounting and Finance (NN35) - Year 1
Optional Core
  • Undergraduate Law and Business Studies (MN31) - Year 1
  • Undergraduate Law and Business Studies (MN32) - Year 1
  • Law and Business Four Year (Qualifying Degree) (MN34) - Year 1
  • Undergraduate Law and Business Studies with Intercalated Year (3+1) (MN35) - Year 1
  • Undergraduate Law and Business Studies with Intercalated Year (4+1) (MN36) - Year 1
  • Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year (MN37) - Year 1
  • Undergraduate German and Business Studies (RN21) - Year 1
Optional
  • Undergraduate Chemistry with Management (F1N1) - Year 2
  • Undergraduate Chemistry with Management (with Intercalated Year) (F1N2) - Year 2
  • Undergraduate Physics and Business Studies (F3N1) - Year 3
  • Undergraduate Physics and Business Studies (with Intercalated Year) (F3ND) - Year 4
  • Undergraduate Chemistry and Business Studies (FN11) - Year 3
  • Chemistry and Business Studies(with Intercalated Year) (FN12) - Year 4
  • Undergraduate Mathematics and Business Studies (G1NC) - Year 3
  • Undergraduate Computer and Management Sciences (G5N1) - Year 3
  • Undergraduate Computer and Management Sciences (with Intercalated Year) (G5NA) - Year 4
  • BSc Engineering and Business Studies (HN11) - Year 3
  • Undergraduate Law and Business Studies (MN31) - Year 2
  • Undergraduate Law and Business Studies (MN32) - Year 2
  • Law and Business Four Year (Qualifying Degree) (MN34) - Year 2
  • Undergraduate Law and Business Studies with Intercalated Year (3+1) (MN35) - Year 2
  • Undergraduate Law and Business Studies with Intercalated Year (4+1) (MN36) - Year 2
  • Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year (MN37) - Year 2
  • Undergraduate Information Systems Management and Innovation (N211) - Year 1
  • Undergraduate Information Systems Management and Innovation (N211) - Year 2
  • Undergraduate Digital Innovation and Entrepreneurship (N212) - Year 1
  • Undergraduate Information Systems Management and Innovation (with Intercalated Year) (N214) - Year 2
  • Undergraduate Information Systems Management and Innovation (with Intercalated Year) (N214) - Year 3