ECON1005D Principles of Economics

Academic Year 2022/2023

This module provides students with an overview of the main principles of economics. Among the topics covered are: the economic problem; demand and supply; elasticity; efficiency and equity; output and costs; perfect competition; monopoly; macro issues; measuring GDP; aggregate supply and aggregate demand; income determination; fiscal and monetary policy.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module you should be able to:Display a thorough understanding of the main terms and definitions in the economics field.Understand the basic issues and the framework of analysis for economic thinking.Be able to relate and apply the knowledge gained to the real world by use of appropriate illustrative examples.

Student Effort Hours: 
Student Effort Type Hours
Specified Learning Activities


Autonomous Student Learning






Approaches to Teaching and Learning:
Students will attend classes for this module and have the opportunity to engage in active learning during these sessions. 
Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles
Principles of Economics (ECON10050)

Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Assignment: Assignment 2 Coursework (End of Trimester) n/a Graded No


Assignment: Written assignment Varies over the Trimester n/a Graded No


Examination: Timed Online Test between Block Release 2 and 3 Varies over the Trimester Yes Graded No


Carry forward of passed components
Resit In Terminal Exam
Spring No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

General feedback is provided to students on all their submitted assessment components.

Economics, 5th Edition N. Gregory Mankiw, Mark P. Taylor
Published: © 2020 Print ISBN: 9781473768543
Name Role
Mr Gavin Cassells Lecturer / Co-Lecturer
Dr Kate Collins Lecturer / Co-Lecturer
Mr Gerard Dooley Lecturer / Co-Lecturer
Dr Orna O'Brien Lecturer / Co-Lecturer
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Lecture Offering 1 Week(s) - 0, 5, 9 Sat 14:00 - 17:50