Microeconomic Analysis (806L1)
15 credits, Level 7 (Masters)
This module covers the microeconomic theory underlying empirical work and policy analysis in economics.
Topics covered include:
- rational consumer demand
- decision-making under uncertainty
- game theory; asymmetric information
- production and competitive markets
- oligopoly and market power.
20%: Coursework (Observation)
80%: Examination (Computer-based examination)
Contact hours and workload
This module is approximately 150 hours of work. This breaks down into about 46 hours of contact time and about 104 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2023/24. However, there may be changes to these modules in response to COVID-19, staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.