Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ECO223
Module Title: Intermediate Microeconomics
Module Level: Level 2
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM1
Originating Department: International Business School
Pre-requisites: N/A
   
Aims
This module aims to provide students with a solid foundation of intermediate level microeconomic theory. It develops and extends on five of the fundamental microeconomic topics- Consumer Theory, Producer Theory, General Equilibrium, Welfare Economics and Information Economics. The module prepares students for more advanced modules in their next level of study..
Learning outcomes 
A Demonstrate a thorough understanding of the core concepts and models used in consumer theory, producer theory, general equilibrium, welfare economics and information economics.

B Analyse problems in consumer theory, producer theory, general equilibrium theory welfare economics and information economics in a range of theoretical and empirical settings.

C Demonstrate a critical perspective regarding the assumptions underlying microeconomics models.


Method of teaching and learning 
This module will be delivered via a combination of lectures and tutorials. Lectures are designed to provide essential information and introduce students to the basic tools of analysis used in Microeconomics. Tutorials will provide students with a learning opportunity designed to extend the material introduced in the lectures through the in-depth analysis of specific problems from various topics covered in the module.
Syllabus 
1. The nature of microeconomics, the market and Pareto efficiency.

2. Consumer theory

3. Production and cost theory

4. Markets

5. Information and uncertainty

6. Introduction to game theory

7. Welfare economics

8. General equilibrium
Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26    12      112  150 

Assessment

Sequence Method % of Final Mark
1 Midterm Exam 15.00
2 Coursework 15.00
3 Final Exam 70.00

Module Catalogue generated from SITS CUT-OFF: 10/22/2017 9:26:38 PM