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Basic Microeconomic Concepts (ECON0011)

Key information

Faculty
Faculty of Social and Historical Sciences
Teaching department
Economics
Credit value
15
Restrictions
Suitable For: Students from departments other than Economics and the combined-studies degrees in Economics. It is NOT available to the following students: Economics BSc (L100), Economics and Geography BSc (LL17), Economics and Statistics BSc (LG13), Philosophy and Economics BA (VL51), Mathematics with Economics BSc (G1L1), Mathematics with Economics MSci (G1LC), Statistics, Economics and Finance BSc (GLN0), and Statistics, Economics and a Language BSc (GLR0). Prerequisites: A-Level Maths or equivalent.
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

Aims: To provide undergraduates - who are not studying economics as part of their degree programme - with a wide knowledge of the most basic economic concepts; to deliver a solid understanding of consumer and firm behavior; to explain most basic demand and supply neo-classical theory; to present basic concepts in mathematical formulae and graphs in a systematic manner; and to describe recent data and real-world examples

Suitable For: Students from departments other than Economics and the combined-studies degrees in Economics. It is NOT available to the following students: Economics BSc (L100), Economics and Geography BSc (LL17), Economics and Statistics BSc (LG13), Philosophy and Economics BA (VL51), Mathematics with Economics BSc (G1L1), Mathematics with Economics MSci (G1LC), Statistics, Economics and Finance BSc (GLN0), and Statistics, Economics and a Language BSc (GLR0).

Prerequisites: A-Level Maths or equivalent.

Assumed knowledge: Students should know A-level mathematics. They should know how to reason mathematically, solve simple equations; know linear algebra, differentiations and basic geometry. They should also know how to solve numerical exercises, draw graphs clearly, and understand two-dimensional geometric shapes.

Module deliveries for 2024/25 academic year

Intended teaching term: Term 2 ÌýÌýÌý Undergraduate (FHEQ Level 4)

Teaching and assessment

Mode of study
In person
Methods of assessment
30% Coursework
70% Fixed-time remote activity
Mark scheme
Numeric Marks

Other information

Number of students on module in previous year
58
Module leader
Dr Beatriz Armendariz
Who to contact for more information
michelle.wu@ucl.ac.uk

Last updated

This module description was last updated on 8th April 2024.

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