Introduction to Economics I
| Code | School | Level | Credits | Semesters |
| CELEN063 | Centre for English Language Education | 0 | 10 | Autumn China |
- Code
- CELEN063
- School
- Centre for English Language Education
- Level
- 0
- Credits
- 10
- Semesters
- Autumn China
Summary
Students study how to explain and analyse economic issues and arguments, evaluate economic information, and organise, present and communicate ideas and judgements clearly. The syllabus covers a range of basic economic ideas, including an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation, and the causes and consequences of inflation. Learners also study the price system, the theory of the firm, market failure, macroeconomic theory and policy, and economic growth and development.
Target Students
Only available to students enrolled to IET on the Preliminary Year Programme at UNNC.
Classes
- One 1-hour-30-minute seminar each week for 5 weeks
- One 2-hour lecture each week for 11 weeks
Supplemented by approximately 70 hours of self-directed study each semester
Assessment
- 30% assignment: 700 words (Individual Project)
- 70% End of Semester Exam (1-hour-30-minute): Duration : 90 minutes
Assessed by end of autumn semester
Educational Aims
To show students the way economists think and how to use this analytical system to answer questions related to some important human issues and something that people do every day.Learning Outcomes
Emphasized learning outcomes:
Knowledge and understanding:
- Demonstrate a sound knowledge and understanding of introductory microeconomic theories and they will be able to explain and present these concepts, both in writing and in verbal presentation.
Intellectual Skills:
- Reason logically and work analytically.
- Evaluate and analyse theories and attempt at real-world application of Economics.
- Understand the context in which a problem is to be addressed.
Transferable/Key Skills:
- Develop understanding of spoken and written academic discourse.
- Analyse and evaluate varied information sources.
- Communicate and respond to arguments in an academic setting.
Conveners
- Mr Peter Anderson