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.
Additional Information:Louise Burton - Module Leader.

Assessments

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