LEC1017 : Introductory Economics
- Offered for Year: 2019/20
- Module Leader(s): Dr Wessel Vermeulen
- Owning School: Newcastle University Business School
- Teaching Location: London
Semester 1 Credit Value:
Semester 2 Credit Value:
To introduce basic concepts in economics to students not progressing to study degree in economics.
Outline Of Syllabus
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
|Scheduled Learning And Teaching Activities||Lecture||30||1:00||30:00||N/A|
|Guided Independent Study||Assessment preparation and completion||1||64:00||64:00||N/A|
|Guided Independent Study||Directed research and reading||1||50:00||50:00||N/A|
|Scheduled Learning And Teaching Activities||Small group teaching||6||1:00||6:00||N/A|
|Guided Independent Study||Independent study||1||50:00||50:00||N/A|
Jointly Taught With
|ECO1089||Introductory Economics (Study Abroad S1)|
|ECO1090||Introductory Economics (Study Abroad S2)|
Teaching Rationale And Relationship
Lectures provide overview. Small group classes support learning through exercises and opportunity for discussion.
The format of resits will be determined by the Board of Examiners
|Written Examination||120||2||A||100||Exam includes; multiple choice questions and short answer questions.|
|ECO1017||Introductory Economics||2||Newcastle parent module|
|Prob solv exercises||1||M||In one seminar students will discuss a planned answer to a past exam question|
|Prob solv exercises||2||M||In one seminar students will discuss a planned answer to a past exam question|
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