Programme And Module Handbook
Course Details in 2019/20 Session

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Module Title LI Microeconomics
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 28536
Module Lead Kamilya Suleymenova
Level Intermediate Level
Credits 20
Semester Full Term
Restrictions Available to all students who have been allowed onto the second year of a degree programme for which it is compulsory or who have passed Principles of Economics AB.
Contact Hours Lecture-40 hours
Seminar-48 hours
Guided independent study-112 hours
Total: 200 hours
Description This core module covers intermediate microeconomics. It provides students with a broader, yet more in-depth understanding of core microeconomic topics covered in the introductory Principles of Economics AB module and equips students with the analytical skills and tools that are necessary for undertaking a more comprehensive economic analysis. This module provides the solid underpinning needed in all microeconomics - based modules in subsequent terms.
At the start, the module is primarily concerned with the At the start, the module is primarily concerned with the theories of consumer behaviour under certainty and uncertainty, including game theory. Then, it covers the firm and the theory of perfectly and imperfectly competitive markets. The module introduces general equilibrium analysis and then develops students’ understanding of externalities and public goods, before concluding with the introduction of asymmetric information.
The module adopts microeconomic methods and tools used in the real life economic analysis . Basic mathematical techniques and calculus are used.
Learning Outcomes By the end of the module students should be able to:
  • demonstrate knowledge and critical understanding of core microeconomic theories and concepts;
  • analyse the workings of different market structures;
  • apply core microeconomic concepts to various economic situations, such as producer and consumer optimal decisions, efficiency and welfare, market failure.
Assessment 28536-01 : Test : Class Test (25%)
28536-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (75%)
Assessment Methods & Exceptions Assessment: 45 minute minute test (25%); 3 hour written unseen examination (75%) Reassessment: 3-hour written unseen examination (100%)
Other Duplicate of Dubai-based module 08 30397
Reading List