Courses / Module

• Outline the conditions required for economic agents to make their optimal choices given the resources at their disposal.
• Illustrate how the optimal choices of economic agents are affected by changes in their resources or in the prices and constraints that they face.
• Explain the rationale that induces economic agents to amend their behaviour in response to changing circumstances.
• Discuss the differences between various economic concepts.
• Determine how different market structures affect market outcomes.
• Illustrate how market failure can occur and how market efficiency can be achieved.
• Discuss how asymmetric and imperfect information can affect market outcomes.

• Lectures, tutorials, assignments, MCQ exam, private study

• Module Graded (numeric value) or Ungraded (Pass/Not Passed): Graded

• Pass standard: 40%
• Could the result of this module be capped? No

• University scheduled written examination (Autumn): 120 minutes

This timetable is not currently available, please contact the Economics,finance & Accounting Department.