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2024/25 Undergraduate Module Catalogue

LUBS2140 Intermediate Microeconomics

10 creditsClass Size: 500

Module manager: Michael Reynolds

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2024/25

Pre-requisite qualifications

LUBS1951 Economic Theory and Applications
LUBS1952 Economic Theory and Applications for Finance
LUBS1940 Economics for Management

AND at least ONE from the following:
LUBS1285 Mathematics and Statistics for Economics and Business 1B
LUBS1525 Analytical Methods
MATH1050 Calculus and Mathematical Analysis

This module is not approved as a discovery module

Module summary

The module will consider a number of microeconomic problems and explain the approach that microeconomists take when attempting to solve these problems. Students will develop insight into how mathematical modelling is used to understand problems of consumer theory and producer theory.


The aim of this module is to give students a grounding in the tools, techniques, and theory of microeconomics theory and to explore the application of microeconomics.

Learning outcomes
On completion of this module, students will be able to:
- Analyse and evaluate microeconomic concepts and theories
- Use the tools and techniques of microeconomics
- Apply microeconomics to solve complex problems

Skills outcomes
On completion of this module, students will:
- have developed their ability to identify and solve problems


The module will consider two broad areas: consumer theory and producer theory.

Teaching methods

Delivery typeNumberLength hoursStudent hours
Private study hours50.50
Total Contact hours49.50
Total hours (100hr per 10 credits)100.00

Private study

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

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

Exam typeExam duration% of formal assessment
Standard exam (closed essays, MCQs etc)2 hr 00 mins100.00
Total percentage (Assessment Exams)100.00

The resit for this module will be 100% by 2 hour examination.

Reading list

The reading list is available from the Library website

Last updated: 29/04/2024 16:16:20


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