ECB1101 Introductory microeconomics

When you finish this unit, you should be able to:

1. 1

   understand the theoretical foundations of economics, and the generic skills essential for progression to upper level units by applying rigorous thinking and understanding to analytical geometric models

2. 2

   identify and explain economic systems and the concept of resource allocation, and the role of individuals and businesses in markets

3. 3

   discuss the implementation of economic policy in a microeconomic framework, and the ability of economics as an evolutionary science to address the persistent social and economic problems confronted by society

4. 4

   recognise regulatory and political environments and how they impact on business

5. 5

   demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in this unit.