2019/20 Undergraduate Module Catalogue
LLLC1363 Introduction to Economics
20 creditsClass Size: 40
Module manager: David Gilding
Email: d.gilding@leeds.ac.uk
Taught: Semesters 1 & 2 (Sep to Jun) View Timetable
Year running 2019/20
This module is mutually exclusive with
LUBS1940 | Economics for Management |
LUBS1941 | Economics for Management (PT) |
This module is not approved as a discovery module
Objectives
To enable students to develop:- An understanding of basic economic principles relevant to the business firm and to the macro economic environment
- An understanding of simple models used in micro and macro economic analysis
- An ability to apply the main economic principles and models to business and management problems and to problems of market economics
- An ability to interpret simple economic data relevant to the business firm and the market
- An understanding of the role of economic policy and institutions in the economy
- An understanding of the global economic environment
Learning outcomes
Knowledge of :
- Basic theory of price and output; the analysis of costs and pricing in private sector organisations
- The analysis of market structures
- The analysis of competition between firms
- The determination of the level of economic activity
- Macroeconomic issues (unemployment, inflation, etc) and Macroeconomic policy
- The international economy
Skills outcomes
Ability to :
- Employ micro and macro economics as part of business decision making processes
Syllabus
Consideration of theory and practice in relation to :
- Basic theory of price and output; the analysis of costs and pricing in private sector organisations
- The analysis of market structures
- The analysis of competition between firms
- The determination of the level of economic activity
- Macroeconomic issues (unemployment, inflation, etc) and Macroeconomic policy
Teaching methods
Delivery type | Number | Length hours | Student hours |
Workshop | 22 | 2.00 | 44.00 |
Seminar | 10 | 1.00 | 10.00 |
Private study hours | 146.00 | ||
Total Contact hours | 54.00 | ||
Total hours (100hr per 10 credits) | 200.00 |
Private study
Reading 80 hoursCritical reflection on practice 20 hours
Seminar preparation 20 hours
Examination preparation 26 hours
TOTAL 146
Opportunities for Formative Feedback
Through regular workshops, monitoring of student contributions, formative feedback and the staged submission of courseworkMethods of assessment
Coursework
Assessment type | Notes | % of formal assessment |
Assignment | 10 minute group presentation of a political manifesto with 5 minutes for questions and a 750-1000 word manifesto leaflet | 50.00 |
Essay | 2000 words | 50.00 |
Total percentage (Assessment Coursework) | 100.00 |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
Reading list
The reading list is available from the Library websiteLast updated: 30/04/2019
Browse Other Catalogues
- Undergraduate module catalogue
- Taught Postgraduate module catalogue
- Undergraduate programme catalogue
- Taught Postgraduate programme catalogue
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