Module: Intermediate Microeconomics 1

Module Specifications.

Current Academic Year 2024 - 2025

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Date posted: September 2024

Module Title	Intermediate Microeconomics 1
Module Code	EF336 (ITS) / ECO1017 (Banner)
Faculty	DCU Business School	School	DCU Business School
Module Co-ordinator	Kate Hynes
Module Teachers	-
NFQ level	8	Credit Rating	5
Pre-requisite	Not Available
Co-requisite	Not Available
Compatibles	Not Available
Incompatibles	Not Available

None

Description

This module focuses on rational choice theory versus behavioural economics, consumer theory, producer theory and market structures. Concepts will be discussed intuitively, graphically and mathematically

Learning Outcomes

1. Understand the difference between conventional economics and behavioural economics.
2. Explain how consumers with limited incomes choose between competing alternatives.
3. Discuss the basic economic theory of the firm.
4. Analyze the production decisions of profit maximising and cost minimising firms.
5. Explain the following market structures: perfect competition, monopoly, monopolistic competition and oligopoly.

*Type*	*Hours*	*Description*
Workload	Full-time hours per semester
Lecture	24	No Description
Assignment Completion	26	No Description
Independent Study	75	No Description
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Assessment Breakdown
Continuous Assessment	40%	Examination Weight	60%

Type	Description	% of total	Assessment Date
Course Work Breakdown
Loop Quiz	n/a	35%	n/a
Performance evaluation	n/a	15%	n/a

Reassessment Requirement Type
Resit arrangements are explained by the following categories: Resit category 1: A resit is available for both* components of the module. Resit category 2: No resit is available for a 100% continuous assessment module. Resit category 3: No resit is available for the continuous assessment component where there is a continuous assessment and examination element.
* ‘Both’ is used in the context of the module having a Continuous Assessment/Examination split; where the module is 100% continuous assessment, there will also be a resit of the assessment
This module is category 1

Indicative Reading List

Jeffrey Perloff: 0, Microeconomics,

Other Resources

None