Number of credits: 40

Entry requirements: Equivalent of GCSE in Mathematics


This module aims to provide students with an understanding of basic economic principles, theories and models which they can use and apply in their future studies.

Intended learning outcomes

Assessable outcomes

By the end of the module it is expected that students will be able to: -

  • identify and explain the basic principles of macro and micro economic theory
  • locate and assemble information from a variety of sources
  • organise their material and present arguments effectively in writing both under timed conditions and in prepared essays.

Additional outcomes

The module aims to encourage the development of oral communication skills. Students will also develop IT skills by using relevant web resources and by word-processing assignments.

Outline content

The Economics syllabus focuses on micro and macro economics but also covers some policy issues of management and competition. Micro economic topics include consumer theory, theory of the firm, industrial structure and welfare issues. National income accounting, the demand and supply of money, Keynesian analysis, unemployment and inflation and key issues in international trade form the content of the macro economics section of the syllabus.

Brief description of teaching and learning methods

Lectures and small group tutorials. Work is also done from work sheets and work books.

Student views of this module

Olasheni Agbabiaka (Nigeria)
'I chose to study Economics because I intend to study Business Economics and this module is a prerequisite for my degree programme.
I find the new system of teaching to be interesting with students being split into tutorial and seminar groups.  This enables a direct and proper understanding of the subject.  I havent had any problems with my studies because the teaching is good. I would advise future students of Economics to be committed and apply themselves to the course as this will ensure success.  The tutors are dedicated and professionals in their field.'

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