- UCAS course code
- L102
- UCAS institution code
- M20
Bachelor of Science (BSc)
BSc Economics
- Typical A-level offer: AAA including Mathematics
- Typical contextual A-level offer: ABB including A in Mathematics
- Refugee/care-experienced offer: ABC including A in Mathematics
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL including Mathematics
Fees and funding
Fees
Tuition fees for home students commencing their studies in September 2025 will be £9,535 per annum (subject to Parliamentary approval). Tuition fees for international students will be £31,500 per annum. For general information please see the undergraduate finance pages.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
Scholarships and bursaries, including the Manchester Bursary , are available to eligible home/EU students.
Some undergraduate UK students will receive bursaries of up to £2,000 per year, in addition to the government package of maintenance grants.
You can get information and advice on student finance to help you manage your money.
Course unit details:
Principles of Microeconomic Theory 2: Markets, Prices and Strategy
Unit code | ECON10172 |
---|---|
Credit rating | 10 |
Unit level | Level 1 |
Teaching period(s) | Semester 2 |
Available as a free choice unit? | No |
Overview
The aims of this course are: to provide a further introduction to the fundamental concepts and techniques of microeconomic analysis and expose students to a range of applications.
The objectives of this course are that students will be able to:
- have developed a solid grasp of microeconomic theory and quantitative methods;
- demonstrate knowledge of important areas of application.
- analyse and use analytical models for applications;
- evaluate and critically analyse microeconomic arguments, theories and policies.
Pre/co-requisites
Unit title | Unit code | Requirement type | Description |
---|---|---|---|
Advanced Mathematics | ECON10071A | Pre-Requisite | Compulsory |
Principles of Microeconomic Theory 1: Consumers, Welfare, Production and Costs | ECON10171 | Pre-Requisite | Compulsory |
Aims
The aims of this course are: to provide a further introduction to the fundamental concepts and techniques of microeconomic analysis and expose students to a range of applications.
Learning outcomes
The objectives of this course are that students will be able to:
- Have developed a solid grasp of microeconomic theory and quantitative methods.
- Demonstrate knowledge of important areas of application.
- Analyse and use analytical models for applications.
-
Evaluate and critically analyse microeconomic arguments, theories and policies.
Syllabus
Provisional
A brief overview of the syllabus/topics:
- Competitive firms and markets (perfect competition, profit maximization, short and long run competition).
- Monopoly (profit maximization, market power and welfare, regulation).
- Pricing (price discrimination, bundling, advertising).
- Game theory (static games, dynamic games, examples and applications).
- Oligopoly models (Cournot models, Bertrand models, monopolistic competition).
- OPTIONAL: General equilibrium and economic welfare (trade only, production and trade economies, efficiency and equity).
Teaching and learning methods
Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study
Employability skills
- Analytical skills
- Synthesis and evaluation of data.
- Problem solving
- Research
- Ability to independently locate and assess relevant literature, and to draw on these in developing understanding and constructing arguments.
- Other
- Time management and working to deadlines.
Assessment methods
60% final exam – short answer questions
40% individual essay
Feedback methods
- Feedback in tutorials/classes.
- Office hours.
- Informal talk with the lecturer and tutor.
- Discussion board.
Recommended reading
Jeffrey Perloff (2014) “Microeconomics with Calculus, Global Edition” (ISBN-10: 0273789988; ISBN-13: 9780273789987). Chapters 8-14.
Teaching staff
Staff member | Role |
---|---|
Sofia Izquierdo Sanchez | Unit coordinator |
Additional notes
For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary.