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EC901: Microeconomics A

  • Carlo Perroni

    Module Leader
  • Michela Redoano

    Module Lecturer
30 CATS - Department of Economics
Summer Module
Autumn Module

Principal Aims

EC901-30 Microeconomics A

Principal Learning Outcomes

Subject Knowledge and Understanding:...have a thorough understanding of the theoretical foundations of microeconomic analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of empirical applications of microeconomic theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Subject Knowledge and Understanding:...demonstrate a thorough understanding of microeconomic concepts relating to game theory, information economics and choice under uncertainty. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Syllabus

The syllabus may cover, but is not limited to, the following areas:

Consumer theory, behavioural economics, choice under uncertainty, general equilibrium, introduction to game theory, incomplete information, auctions and principal-agent problems, with reference to policy and evidence.

Context

Optional Core Module
L1P7 - Year 1, L1P6 - Year 1, C8P8 - Year 1
Optional Module
G30B - Year 4
Pre or Co-requisites
The module demands a basic knowledge of microeconomic principles, and elementary mathematical methods such as constrained optimisation.

Assessment

Assessment Method
Coursework (10%) + Online Examination (90%)
Coursework Details
Online Examination (90%) , Test 1 Micro A (5%) , Test 2 Micro A (5%)
Exam Timing
January

Exam Rubric

Time Allowed: 3 Hours plus 15 minutes reading time.

Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.

There are TWO Sections in this paper. Answer TWO questions in Section A and TWO questions in Section B. All questions carry equal weight (25 marks each).

Approved pocket calculators are allowed.

You should not submit answers to more than the required number of questions. If you do, we will mark the questions in the order they appear, up to the required number of questions in each section.

Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.