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ECON20180

Academic Year 2024/2025

Intermediate Microeconomics II (ECON20180)

Subject:
Economics
College:
Social Sciences & Law
School:
Economics
Level:
2 (Intermediate)
Credits:
5
Module Coordinator:
Dr Sarah Parlane
Trimester:
Spring
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

This is the second module in a two-semester study of intermediate microeconomics. It focuses on production and covers the following topics:
-Firms and Production
-Costs
-Competitive Firms and Markets
-Applying the Competitive Model
-General Equilibrium and Economic Welfare
-Monopoly
-Pricing and Advertising
-Oligopoly and Monopolistic Competition

About this Module

Learning Outcomes:

The aim of this course is to give students the conceptual basis and the necessary tools for understanding modern microeconomics and how it may be used by individuals, firms and policy makers to analyse and resolve problems. It will also provide a valuable foundation for choosing and understanding advanced optional modules offered by the School of Economics.

Student Effort Hours:
Student Effort Type Hours
Autonomous Student Learning

81

Lectures

22

Tutorial

10

Total

113


Approaches to Teaching and Learning:
The module is mostly taught using a problem based learning approach.
All of the concepts that are introduced in class are illustrated using exercises.

Students can use AI when studying and revising should they feel it enhances their understanding of the concepts explained in class.
The use of AI is not permitted in the MCQ assessment. Should you use AI to generate answers in online MCQs, it will be considered academic misconduct.

Note: a reliance on AI to solve exercises and answer quiz questions will not be useful as all of the questions are not copied from existing sources so that an AI is unlikely to come up with the correct answer.

Requirements, Exclusions and Recommendations
Learning Recommendations:

Intermediate Microeconomics I (ECON20010)
Principles of Microeconomics (ECON 10010)
Introduction to quantitative economics (ECON 10030) - or equivalent e.g Maths for Business (MATH 10030) or Introduction to Analysis (MATH 10130)


Module Requisites and Incompatibles
Incompatibles:
ECON10720 - Microeconomics for Business, ECON30110 - Microeconomics II, ECON42460 - Microeconomic Theory 2


 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Exam (In-person): End of term examination End of trimester
Duration:
2 hr(s)
Alternative linear conversion grade scale 40% No
50
No
Quizzes/Short Exercises: Best 2 out of 3 quizzes Week 4, Week 9, Week 15 Alternative linear conversion grade scale 40% No
20
No
Exam (In-person): Midterm examination End of trimester
Duration:
2 hr(s)
Alternative linear conversion grade scale 40% No
30
No

Carry forward of passed components
No
 

Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Online automated feedback

How will my Feedback be Delivered?

Not yet recorded.

Name Role
Dr Marta Talevi Lecturer / Co-Lecturer
Tatiana Bezdenezhnykh Tutor
Yung-Shiang Yang Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Spring Lecture Offering 1 Week(s) - 20, 21, 23, 24, 25, 26, 29, 31, 32, 33 Mon 13:00 - 13:50
Spring Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Wed 12:00 - 12:50
Spring Tutorial Offering 1 Week(s) - 21, 23, 25, 29, 31 Thurs 14:00 - 14:50
Spring Tutorial Offering 2 Week(s) - 22, 24, 26, 30, 32 Thurs 11:00 - 11:50
Spring Tutorial Offering 3 Week(s) - 21, 23, 25, 29, 31 Thurs 15:00 - 15:50
Spring Tutorial Offering 4 Week(s) - 22, 24, 26, 30, 32 Thurs 15:00 - 15:50
Spring Tutorial Offering 5 Week(s) - 21, 23, 25, 29, 31 Wed 14:00 - 14:50
Spring Tutorial Offering 6 Week(s) - 22, 24, 26, 30, 32 Wed 14:00 - 14:50
Spring Tutorial Offering 8 Week(s) - 22, 24, 26, 30, 32 Thurs 14:00 - 14:50