Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Seminar
Module Offerings
3511IFBSG-JAN-PAR
3511IFBSG-SEP-PAR
Aims
To gain an introduction to the principle, concepts and models of micro-economic analysis. Content includes economic principles and basic terminology, goods type, demand and supply, elasticity, market failure and contemporary issues in economics. To apply this knowledge base and learn basic skills relating to data analysis and evaluation of economics issues.
Learning Outcomes
1.
Demonstrate an understanding of contemporary issues in economics
2.
Apply knowledge of the determinants of supply, demand and elasticity.
3.
Demonstrate an understanding of how markets operate.
4.
Demonstrate an understanding of basic macroeconomics concepts.
Module Content
Outline Syllabus:- The economic problem
- Types of goods
- Allocation of resources in competitive markets
- Demand and supply
- Elasticity
- Market Structures
- Introduction to Macro economic concepts
Module Overview:
To gain an introduction to the principle, concepts and models of micro-economic analysis. Content includes economic principles and basic terminology, goods type, demand and supply, elasticity, market failure and contemporary issues in economics. To apply this knowledge base and learn basic skills relating to data analysis and evaluation of economics issues.
To gain an introduction to the principle, concepts and models of micro-economic analysis. Content includes economic principles and basic terminology, goods type, demand and supply, elasticity, market failure and contemporary issues in economics. To apply this knowledge base and learn basic skills relating to data analysis and evaluation of economics issues.
Additional Information:Louise Burton - Module Leader.
Assessments
Report
Test