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Courses / Modules / ECON2039 Intermediate Microeconomics

Intermediate Microeconomics

When you'll study it
Semester 1
CATS points
ECTS points
Level 5
Module lead
Tim Hellmann
Academic year

Module overview

This module will familiarise students with the central concepts of microeconomics, building on the foundations laid in ECON1001/ECON1003. Students will gain a clear understanding of the role of the price mechanism in organising economic activity and of choice in strategic situations. To this end the module will offer a rigorous treatment of supply and demand in markets, individual choice and strategic behaviour, concepts of market equilibrium and the evaluation of equilibrium outcomes in terms of social desirability and possible roles for policy intervention, Throughout the module will focus on examples and applications such as the free rider problem.

Linked modules

Prerequisite ECON1020 or ECON1022