Microeconomic for Business

MICROECONOMICS FOR BUSINESS B1 (P11115)

Spring Semester 2011/2012

MODULE OUTLINE

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Module Convenor: Qing-Ping Ma

Office: AB377

Email: qing-ping.ma@nottingham.edu.cn

Office Hours: Tuesday 15:30-17:30

Other Teaching Staff: David Chiang

Office: AB370

Email: david.chiang@nottingham.edu.cn

Josephine Van– Ess

Office: AB349

Email: Josephine.Van-Ess@nottingham.edu.cn

Credits & Level: 10 credits, level 1

Method of delivery & 10 lectures, one (50 minutes) per week

Frequency of Class 3 seminars (50 minutes each), one in weeks 31/32, one in weeks 33/34, one in weeks 35/36.

Method & Criteria of 2 hour exam (100%)

Assessment:

Module Aims: To develop an understanding of important economic concepts.

Learning Objectives Knowledge and understanding

& Outcomes:

This module develops a knowledge and understanding of the development and operation of markets for resources, goods and services; the microeconomics of decision and choice; economic welfare. Understanding extends to economic policy, analytical methods and model-based argument. Ability to apply core economic theory and economic reasoning to applied topics.

Intellectual skills

This module develops the cognitive skills of critical thinking, analysis and synthesis, including the ability to identify assumptions, evaluate statements in terms of evidence, to detect false logic or reasoning, to identify implicit values, and to define terms adequately and to generalise appropriately.

Professional practical skills

This module develops the ability to apply economic models to economic problems and phenomena.

Transferable (key) skills

This module develops effective...