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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Topics in Microeconomics (ECNM10070)

Course Outline
SchoolSchool of Economics CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThis course is designed to provide a coherent development of some important topics in microeconomic analysis at a more advanced level than that of standard intermediate courses. It thus extends and deepens the work of Economics 1 and Economics 2, bridging the gap between intermediate and graduate level courses in economics, and providing insight into some recent areas of economic research activity. Throughout there is an emphasis on the application of economic principles.
Course description The course has a mathematical content and knowledge of basic calculus is assumed.
Topics covered may include social choice theory; expected utility theory; game theory; contract theory; asymmetric information.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Prohibited Combinations Other requirements Economics Honours entry or permission of the course organiser.
Information for Visiting Students
Pre-requisitesVisiting students must have an equivalent of at least 4 semester-long Economics courses at grade B or above for entry to this course. This MUST INCLUDE courses in Intermediate Macroeconomics (with calculus); Intermediate Microeconomics (with calculus); and Probability and Statistics. If macroeconomics and microeconomics courses are not calculus-based, then, in addition, Calculus (or Mathematics for Economics) is required.
High Demand Course? Yes
Course Delivery Information
Academic year 2023/24, Available to all students (SV1) Quota:  None
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 13.5, Summative Assessment Hours 6.5, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 156 )
Assessment (Further Info) Written Exam 85 %, Coursework 15 %, Practical Exam 0 %
Additional Information (Assessment) 1 timed take-home exam on Game Theory (15%)
3 hour degree examination (85%)
Feedback Marks and feedback for the class exam will be provided within two weeks of the exam. This will be followed by an individual meeting with a class tutor to discuss your class exam script.
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S1 (December)3:00
Learning Outcomes
On completion of this course, the student will be able to:
  1. A knowledge and understanding of principles and models used in microeconomic analysis and associated mathematical and statistical techniques, along with applications and policy implications of those models.
  2. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
  3. Communication skills in order to critique, create and communicate understanding.
  4. Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
  5. Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
Reading List
There are no required textbooks for this course. Details of required reading will be provided for the separate parts.
Additional Information
Graduate Attributes and Skills See Learning Outcomes
Additional Class Delivery Information One two-hour lecture per week, plus weekly tutorials based around problem sets.
Course organiserDr Ahmed Anwar
Tel: (0131 6)50 8355
Course secretaryMiss Becky Guthrie
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