This course is compulsory on the BSc in Econometrics and Mathematical Economics and BSc in Economics. This course is not available as an outside option nor to General Course students.
This course is compulsory on the BSc in Econometrics and Mathematical Economics and BSc in Economics. This course is not available as an outside option nor to General Course students.
20 hours of lectures and 9 hours of classes in the LT. 1 hour of classes in the ST. There will also be 10 hours of online Question and Answer (Q&A) sessions in the LT, to discuss student questions on the course content, to discuss course reading and go through examples. There will be a reading week in Week 6 of LT (no lectures, classes or Q&A sessions that week). This course is delivered through a combination of classes and lectures totalling a minimum of 30 hours across Lent Term. This year, some or all of this teaching will be delivered through a combination of virtual classes, live streamed (recorded) lectures, and some flipped content delivered as short online videos. Student learning will be supported through the EC1A1 Support Lab and through a dedicated discussion forum
Students are expected to complete the weekly problem sets and any required reading before attending class and will be encouraged to work in small study groups. Two pieces of formative coursework will be marked by class teachers over the course of the academic year, and feedback provided. There will be varied opportunities to engage with the course material. The diversity of tasks will make the course more inclusive and help students develop a broader range of skills.
There is no set textbook for this course. There will be required reading from journal articles or reports that will be made available as the course unfolds. Students will be expected to critically discuss the theoretical ideas and models taught by engaging with this required reading alongside working through microeconomic problems. The relevance of the readings will be discussed in the Q&A sessions and/or in weekly classes. Students wishing to complement their study of the lecture material can consult, among others, the following textbooks (though this is not required and students need not purchase any textbooks). Any edition can be used. Varian, H. Intermediate microeconomics: with calculus, W.W. Norton & Company Perloff, J.M. Microeconomics: theory & applications with calculus, Pearson. Students wishing to read further or refresh mathematical tools can consult: Jacques, I. Mathematics for Economics and Business, Pearson.
Exam (85%, duration: 2 hours) in the summer exam period. Coursework (15%) in the LT.