This module represents an introduction to the economic way of thinking with an emphasis on the principles of microeconomics which will provide a basis for further study and progression.
*Curricular information is subject to change
Introduction to Economics.
Demand and Supply. Elasticity.
Consumer theory.
Production and costs. Models of market structure.
Market failure and state intervention.
A variety of methods may be used including lectures, tutorials, online resources, class discussion and problem-solving.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 60 |
| Other Assessment(s) | 40 |