ECO1100 : Economic Analysis
ECO1100 : Economic Analysis
- Offered for Year: 2024/25
- Module Leader(s): Dr Barbara Eberth
- Lecturer: Professor Atanu Ghoshray
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 15 |
| Semester 2 Credit Value: | 15 |
| ECTS Credits: | 15.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Pre Requisite Comment
None
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
None
Aims
To introduce and explain to students the fundamental principles, concepts and tools of micro and macro-economics that are necessary for one to study the workings of the economy.
Outline Of Syllabus
The module teaches an introduction to micro and macroeconomic theory.
Semester 1 covers microeconomics, including, amongst others, demand and supply, elasticity, consumer theory, theory of the firm and theory of the industry.
Semester 2 covers macroeconomics, including the aggregate supply and demand model, the money market, the labour market, inflation, economic growth, macroeconomic policy, and international economics.
Learning Outcomes
Intended Knowledge Outcomes
A knowledge and coherent understanding of the basic theoretical concepts and analytical tools of micro- and macroeconomics which will provide the necessary foundations for further study of Economics at stage 2 and 3 or related subjects.
Intended Skill Outcomes
Effective learning, thinking and problem solving: analytical skills needed to present and defend economic arguments; effective written presentation of economic arguments.
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 44 | 1:00 | 44:00 | Introductory lecture and time to explain the workings of MyEconlab included here. PIP |
| Scheduled Learning And Teaching Activities | Small group teaching | 10 | 1:00 | 10:00 | There will be 5 seminars in semester 1 and 5 in semester 2. PIP |
| Scheduled Learning And Teaching Activities | Workshops | 10 | 0:50 | 8:20 | These are online computer tests that form part of the assessment. Previously asked to add here. |
| Scheduled Learning And Teaching Activities | Workshops | 2 | 1:00 | 2:00 | Pre assessment clinic. One in each semester. Either PIP or synchronous online. |
| Guided Independent Study | Independent study | 1 | 235:40 | 235:40 | N/A |
| Total | 300:00 |
Teaching Rationale And Relationship
Lectures explain basic economic theory including both macreconomic and microeconomic aspects
Seminars enhance learning and provide an opportunity for students to monitor their own progress through problem solving and discussions.
Private study provides opportunity for students to monitor their own progress through problem solving and discussions.
Private study provides opportunity to study the theory and also to use available MyEconlab software to test understanding. MyEconlab features as part of the assessment strategy.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 105 | 1 | A | 40 | Microeconomics exam |
| Written Examination | 105 | 2 | A | 40 | Macroeconomics exam |
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Computer assessment | 1 | M | 10 | x5 50 minute non synchronous online MyEconlab tests. These are the computer tests in the teaching activity section. |
| Computer assessment | 2 | M | 10 | x5 50 minute non synchronous online MyEconlab tests. These are the computer tests in the teaching activity section. |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | 24/7 access to MyEconlab for continuous instand formative feedback and seminar questions. |
| Prob solv exercises | 2 | M | 24/7 access to MyEconlab for continuous instand formative feedback and seminar questions. |
Assessment Rationale And Relationship
There will be one unseen examination at the end of semester 1 and one unseen examination at the end of semester 2 to test the breadth and depth of understanding of micro and macroeconomics respectively.
Exams in both semesters to motivate students through entire year.
There will be 5 MyEconlab tests in each semester to test student knowledge of core economic fundamentals. These have consistently received great feedback from students and are intended to motivate continuous study and feedback.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO1100's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- ECO1100's past Exam Papers
General Notes
N/A
Welcome to Newcastle University Module Catalogue
This is where you will be able to find all key information about modules on your programme of study. It will help you make an informed decision on the options available to you within your programme.
You may have some queries about the modules available to you. Your school office will be able to signpost you to someone who will support you with any queries.
Disclaimer
The information contained within the Module Catalogue relates to the 2024 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.