| Unit name | Applied Microeconomics |
|---|---|
| Unit code | EFIM20002 |
| Credit points | 20 |
| Level of study | I/5 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Professor. Smith |
| Open unit status | Not open |
| Pre-requisites |
N/A |
| Co-requisites |
N/A |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
The main aim of the course is to show how micro-economic principles can be used to understand real-world issues. The course covers a range of topics: recent examples have included Minimum wages, Targeted benefits, Congestion charging, Employer-provided training, Competition policy.
The main focus of this course will be on how the theory can be applied in practice - looking both at theoretical insights into the issues and at relevant empirical evidence.
By the end of the course the students will be able to:
20 lectures and 8 classes
This pattern of teaching may be changed slightly to accommodate the Easter Vacation.
Summative assessment:
Two-hour exam (70%)
1500 word essay (30%)
Formative assessment: The students will answer a number of exam-style questions during the term and receive feedback. They will also receive feedback in relation to preparing for the essay.
The assessments are designed to test all of the learning outcomes listed above.
The course will be topic-based and, as such, will not have a single text book. Instead, students will be given one key reading (journal article, policy report) per topic, together with two or three supplementary papers.
