Course Description

Course Name

Microeconomics

Session: VDNS3121

Hours & Credits

18 Credit Points

Prerequisites & Language Level

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

Provides a working knowledge of microeconomic theories with an emphasis on their application to business and public sector decision making.

The objective of ECON 201 is to promote an understanding of key microeconomic theories, with emphasis on their real-world applications. More specifically, we will try to equip students with the knowledge and skills to be able to 'make sense' of a wide range of interesting and commonplace economic phenomena relating to the behaviours of individuals, firms and government organisations. The hope is that by the end of the paper, students are able to read and understand non-specialist economics reporting and analysis, such as is found in The Economist magazine - from which most of the readings are taken.

Learning Outcomes
-cUnderstanding of key microeconomic theories and concepts, with emphasis on applications
- Knowledge and skills to be able to 'make sense' of a wide range of interesting and commonplace economic phenomena relating to the behaviours of individuals, firms and government organisations
- The ability and desire to read and understand non-specialist economics reporting, such as in The Economist magazine
- Also, of course, ECON 201 is intended to complement other Business School and Humanities papers, including preparing students for other Economics papers

Textbooks
A course book with photocopied readings from several textbooks, The Economist magazine and other sources will be available for purchase from Uniprintshop in the Information Services Building, priced at the cost of photocopying and binding, and available as a PDF on Blackboard.

*Course content subject to change