Courses / Module

• Determine the explicit and implicit costs and benefits of economic behaviour.
• Illustrate the conditions required for optimal decision making by economic agents.
• Show how the optimal choices of economic agents are affected by whether they are operating in the short run or the long run.
• Outline how the incentives of economic agents are affected by the market structure in which they operate.
• Outline how market outcomes are affected by market structure.
• Illustrate how market failure can occur and how market efficiency can be achieved.
• Determine what private actions and public policies can be implemented to offset market failure.

• Lectures, tutorials and private study.

• Module Graded (numeric value) or Ungraded (Pass/Not Passed): Graded
• Continuous Assessment detail(s): Students will be required to undertake a multiple choice examination that is worth a minimum of 10% and a maximum of 20% of overall module marks. Students may be required to submit a maximum of two assignments, with a maximum combined weight of 10% of overall module marks. 5% of overall module marks will be awarded for attending a specific number of tutorials.

• Pass standard: 40%
• Could the result of this module be capped? No
• Penalties: See department website for policy on absence from tutorials and continuous assessment.

• Yes. Any continuous assessment mark will be carried over from Summer.
• University scheduled written examination (Autumn): 120 minutes

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