Study Abroad and Exchanges

Modules

Modules

LEC1017 : Introductory Economics

Semesters
Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0

Aims

To introduce basic concepts in economics to students not progressing to study degree in economics.

Outline Of Syllabus

Introduction.
Demand and Supply; Market Structure, Input markets; Welfare; Governing the Market;
Aggregate demand and supply; Money and interest rates; inflation and unemployment;
Open economy; Business Cycles

Teaching Methods

Teaching Activities
Teaching Rationale And Relationship

Lectures provide overview. Small group classes support learning through exercises and opportunity for discussion.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Exams
Description Length Semester When Set Percentage Comment
Written Examination1202A100Exam includes; multiple choice questions and short answer questions.
Exam Pairings
Module Code Module Title Semester Comment
ECO1017Introductory Economics1Newcastle parent module
Assessment Rationale And Relationship

Multiple choice questions test breadth of knowledge.
Short answers show depth over a range of topics.

SEMESTER ONE ONLY STUDY ABROAD: two essays instead

Reading Lists

Timetable