Show/hide contentOpenClose All
Curricular information is subject to change
After completing this module students should be able to: 1. apply the the concepts of efficiency and equity as well as the two fundamental welfare theorems in a simple exchange economy. 2. explain the roles for the public sector that can be justified on efficiency grounds (correction of market failures due to externalities, public goods, imperfect competition, information asymmetry) 3. explain the roles of the state justified on equity grounds (welfare economics); describe the main poverty and inequality indices; describe the main results of optimal taxation 4. apply the theoretical concepts to analyse policies in the real world.
|Student Effort Type||Hours|
|Autonomous Student Learning||
ECON 20010 Intermediate Microeconomics
|Description||Timing||Component Scale||% of Final Grade|
|Continuous Assessment: A series of online MCQ tests to be completed on Brightspace.||Throughout the Trimester||n/a||Alternative linear conversion grade scale 40%||No||
|Examination: 2 hour exam||2 hour End of Trimester Exam||No||Alternative linear conversion grade scale 40%||Yes||
|Assignment: Group essay||Throughout the Trimester||n/a||Alternative linear conversion grade scale 40%||No||
|Resit In||Terminal Exam|
|Autumn||Yes - 2 Hour|
• Group/class feedback, post-assessment
• Online automated feedback
Feedback on the online tests will be provided automatically after each test has been closed. Individual feedback is available on demand during office hours. For the group essays, general written feedback is provided after the submission of the essays. Individual feedback is available on demand during office hours.