Course Details in

Module Title	LC Introduction to Business Economics
School	Birmingham Business School
Department	Birmingham Business School
Module Code	07 06022
Module Lead	Peter Watt
Level	Certificate Level
Credits	10
Semester	Semester 2
Pre-requisites
Co-requisites
Restrictions	Available to BCom with Language and LLB Business Studies students only
Contact Hours	Lecture-17 hours Seminar-10 hours Guided independent study-73 hours Total: 100 hours
Exclusions	none
Description	Supply and demand analysis. Government intervention in the market. Production and costs. Profit maximising under perfect competition and monopoly. Imperfect and monopolistic competition. Alternative theories of the firm.
Learning Outcomes	On completion of this module the student will be able to: display a thorough grounding in microeconomics; understand the basic economics and markets; appreciate the impact of economic events on businesses.
Assessment	06022-01 : Class Test : Class Test (25%) 06022-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (75%)
Assessment Methods & Exceptions	2 hr examination 70%, essays/class tests 30%
Other	none
Reading List	Mulhearn, C., Vane, H.R., and Eden, J. Economics for Business, Palgrave, 2001.