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Economics (ECON0002)

Key information

Faculty
Faculty of Social and Historical Sciences
Teaching department
Economics
Credit value
30
Restrictions
Compulsory for 1st year BSc Economics (L100, L101 and L102) and the combined-studies degrees in Economics and Geography (LL17), Philosophy and Economics (VL51) and also Politics, Philosophy and Economics (4V86) students on the Economics and Politics concentration. Not open to Affiliate students.
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

Aims: This module provides the introduction to economics for undergraduates in the Department of Economics. It introduces the characteristics of economies using historical and crosscountry comparisons across the major dimensions of economic performance (growth, inequality, stability). The aim if the module is to provide an analytical introduction to the core concepts of modern microeconomics and macroeconomics.

By taking the main economic actors and showing how they make decisions, the module covers behaviour in goods, labour and credit markets, highlighting the role of the rules of the game (institutions), and showing the sources of market successes and market failures. Behaviour of households and firms is analysed in the economy as a whole, along with that of fiscal and monetary policy makers.

Compulsory for:1st year BSc Economics (L100, L101 and L102) and the combined-studies degrees in Economics and Geography (LL17), Philosophy and Economics (VL51) and also Politics, Philosophy and Economics (4V86) students on the Economics and Politics concentration.

Module deliveries for 2024/25 academic year

Intended teaching term: Terms 1 and 2 ÌýÌýÌý Undergraduate (FHEQ Level 4)

Teaching and assessment

Mode of study
In person
Methods of assessment
60% Fixed-time remote activity
20% Coursework
20% In-class activity
Mark scheme
Numeric Marks

Other information

Number of students on module in previous year
425
Module leader
Professor Wendy Carlin
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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