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2023/24 Undergraduate Module Catalogue

LUBS0010 Foundations of Economics

20 creditsClass Size: 100

Module manager: Barnali Basak

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2023/24

This module is not approved as a discovery module


This module aims to introduce students to threshold concepts in economics. To use these concepts in the application of economic theory to relevant economic issues and problems. The emphasis is on the UK economy but the module will explore the implications of the global environment in debating economic issues.

Learning outcomes
Upon completion of the module students will be able to:
- Demonstrate an understanding of micro and macroeconomic concepts and theories
- Apply concepts and theories to assess economic problems and policy solutions
- Identify major economic institutions of UK, EU & international economies and explain their role in a global context

Skills outcomes
Upon completion of this module students will be able to
Subject specific:
- assess an economic problem and/or policy

- communicate effectively in writing


Includes coverage of economic threshold concepts and theories in relation to: markets; national and international economies and UK/EU institutions in a global context.

Teaching methods

Delivery typeNumberLength hoursStudent hours
Private study hours167.00
Total Contact hours33.00
Total hours (100hr per 10 credits)200.00

Private study

This could include a variety of activities, such as reading, watching videos, and question practice.

Opportunities for Formative Feedback

Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.

Methods of assessment

Assessment typeNotes% of formal assessment
Assignment2,000 words50.00
Assignment2,000 words50.00
Total percentage (Assessment Coursework)100.00

The resit for this module will be 100% by 3,000 word Assignment.

Reading list

The reading list is available from the Library website

Last updated: 28/04/2023 14:49:13


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