ECNM08006 Economics 2 Notes | Assignment Help | Syllabus
Country: United Kingdom
University: The University Of Edinburgh
This intermediate-level course aims to provide students with a thorough grasp of basic microeconomic and macroeconomic models and analyses, as well as the ability to apply that knowledge in a range of situations. It is a prerequisite for students interested in pursuing an Honours degree in Economics.
This course is designed to help students get a thorough grasp of basic economic concepts and analyses, as well as the ability to apply that knowledge in a range of situations.
The first semester covers business and market structure theory, factor markets, externalities, the role of government, and general equilibrium, with examples of monopoly and oligopoly, stock markets, property rights, and public goods. A third lecture, in addition to two economics courses each week, will concentrate on mathematical methods such as restricted optimisation.
Macroeconomics is covered in the second semester, and subjects include monetary and fiscal policy, the open economy, exchange rate systems and monetary union, business cycles, economic policy, and financial markets.
The course is delivered via a lecture and tutorial format. Learning-by-doing is a key component of the course, with frequent practice exams reinforcing an active approach to learning via problem solving and tutorial work. Students with a poor arithmetic background must be willing to study hard to improve their math abilities.
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