EC302 Economics Mode B

Convenors: Alan Carruth and John Peirson

Description

This module provides an introduction to the study of Economics at University level for students without 'A' level Economics or an equivalent qualification. The aims of the module are to introduce the main ways in which Economists think about problems, the basic principles of Economics and the main debates about economic problems and policies.

The module provides the foundations for the study of Economics at Stages 2 and 3. Students who are taking single or joint honours Economics or Accounting must either take Economics Mode A or B. If you are unsure about which mode you should take, consult the module convenors on your arrival at University. Economics Mode B assumes no previous knowledge of Economics. Key skills are integrated into the learning and teaching of the module.

Learning outcomes

On completion of this module, you will:

  • be able to follow and use economic analysis to be able to present economics arguments and ideas in seminars
  • be able to write economics essays and answers to short economics questions
  • be prepared to study economics at Stage 2
  • be able to work in a group on economics seminar problems
  • have been introduced to the following economic topics: supply and demand; allocation of resources; trade; markets; consumer, producer and government decision making; distribution of income; poverty; market failure; the environment; government policy; national income; unemployment; inflation; economic growth; macroeconomic models; government spending and taxation; money; interest rates; and macroeconomic control of the economy

Reading list

Preliminary reading:

R.Lipsey and A. Chrystal, Economics, Oxford University Press (11th edn.), 2007
D. Begg, R. Dornbusch and S. Fischer, Economics, McGraw-Hill, (8th edn.), 2005
Phillip Allan, The Economic Review, (quarterly periodical)

Factsheet

Credits 30 [15 ECTS]
Level Certificate
Term (Stage 1) Autumn and Spring
Availability  
Pre-requisites  
Assessment 20% coursework, consisting of two class test and two written assessments
80% written examination of 3 hours duration
Contact hours 44 lectures and 23 seminars