ECON1005D Principles of Economics

Academic Year 2022/2023

This module provides students with an overview of the main principles of economics. Among the topics covered are: the economic problem; demand and supply; elasticity; efficiency and equity; output and costs; perfect competition; monopoly; macro issues; measuring GDP; aggregate supply and aggregate demand; income determination; fiscal and monetary policy.

Show/hide contentOpenClose All

Curricular information is subject to change

What will I learn?

Learning Outcomes:

On completion of this module you should be able to:Display a thorough understanding of the main terms and definitions in the economics field.Understand the basic issues and the framework of analysis for economic thinking.Be able to relate and apply the knowledge gained to the real world by use of appropriate illustrative examples.

How will I learn?

Student Effort Type	Hours
Lectures	14
Specified Learning Activities	25
Autonomous Student Learning	86
Total	125

Am I eligible to take this module?

Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles

Equivalents:
Principles of Economics (ECON10050)

How will I be assessed?

Assessment Strategy

Description	Timing	Open Book Exam	Component Scale	Must Pass Component	% of Final Grade
Assignment: Assignment 2	Coursework (End of Trimester)	n/a	Graded	No	50
Assignment: Written assignment	Varies over the Trimester	n/a	Graded	No	20
Examination: Timed Online Test between Block Release 2 and 3	Varies over the Trimester	Yes	Graded	No	30

Carry forward of passed components
No

What happens if I fail?

Resit In	Terminal Exam
Spring	No

Assessment feedback

Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

General feedback is provided to students on all their submitted assessment components.

Reading List

Economics, 5th Edition N. Gregory Mankiw, Mark P. Taylor
Published: © 2020 Print ISBN: 9781473768543
https://www.cengage.co.uk/books/9781473768543/

Associated Staff

Name	Role
Mr Gavin Cassells	Lecturer / Co-Lecturer
Dr Katherine Collins	Lecturer / Co-Lecturer
Mr Gerard Dooley	Lecturer / Co-Lecturer
Dr Orna O'Brien	Lecturer / Co-Lecturer