Subject details

  • Topics
    • What is Economics
    • Demand and Supply
    • Elasticity
    • Economic Efficiency
    • Behavioural Economics and Asymmetric Information
    • Introduction to Macroeconomics: GDP, Unemployment & Inflation
    • Aggregate Demand and Aggregate Supply
    • Monetary Policy
    • Fiscal Policy
    • Exchange Rates
    • Review
  • Study resources
    • Instructional Methods
      • Online Quizzes/Tests
      • Online assignment submission
      • Standard Media
    • Online Materials
      • Online Assessment
      • Resources and Links

At the completion of this subject students will be able to:

  1. explain the nature of the economic problem
  2. explain the economic way of thinking
  3. apply the economic way of thinking to analyse real world events
  4. analyse and evaluate economic issues using economic theory
  5. demonstrate economic literacy by writing effectively using economic theory.
  • Assignment 1 - Tutorial exercises and quizzes (10%)
  • Assignment 2 - Assignment (20%)
  • Assignment 3 - Invigilated Exam -Final Exam (50%)
  • Assignment 4 - Mid-study period test (20%)

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a subject

No eligibility requirements

Special requirements

No special requirements

Introduction to economic concepts and principles, Demand and supply analysis, Elasticity ,Economic Efficiency,

Market failure, Introduction to macroeconomics, Unemployment and inflation, Model of aggregate demand and aggregate supply, Global markets.

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Find out more about the Academic Integrity module.

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