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Royal Exchange Manchester
MA Economics
Examine how the latest economics research is used to address today's policy developments.

MA Economics / Course details

Year of entry: 2018

Course unit details:
Microeconomics

Unit code ECON60391
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 1
Offered by Economics
Available as a free choice unit? Yes

Overview

 

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Aims

To provide students with a solid grounding, at an intermediate level, in the fundamental concepts and techniques of microeconomic analysis used in business applications.

Learning outcomes

At the end of this course students should be able to demonstrate:

(i) an understanding of relevant microeconomic concepts;

(ii) a capacity to explain and evaluate critically theoretical arguments;

(iii) knowledge of the assumptions and propositions of standard consumer theory and alternative measures of the welfare effects of price changes on individuals;

Lectures and tutorials

Assessment methods

Method Weight
Other 30%
Written exam 70%

Final exam in January 2018 weighted at 70% and mid term exam weighted at 30%.

Recommended reading

Hugh Gravelle and Ray Rees (2004) Microeconomics (3rd ed)
Robert Gibbons (1992) A Primer in Game Theory.

Supplementary reading;

Geoffrey A. Jehle and Philp J. Reny. Advanced Microeconomic Theory. (Several editions as well as paperback are available. The latest, 3rd edition is published by Financial Times/ Prentice Hall.)

Hal Varian. Intermediate Microeconomics: A Modern Approach.

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Study hours

Scheduled activity hours
Lectures 20
Tutorials 10
Independent study hours
Independent study 120

Teaching staff

Staff member Role
Klaus Schenk-Hoppe Unit coordinator

Additional notes

Information
Registered on MA Economics

Timetable
Lecture: Wednesday 12pm-2pm,
Tutorial: Friday 9-11am,

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