Economics

Course summary

Trade and poverty. Economists are often in healthy debate with each other over these issues. It is this controversy which Economics lively and interesting and which allows you the opportunity to make your own judgements and form your own opinions. Theme 1: Introduction to markets & market failure. This gives a general introduction to the nature of economics and how prices are determined in the real world and what can be done when things go wrong with the price mechanism. Theme 2: The UK Economy - Performance & Policies. This unit gives a general introduction to the key measures of economic performance which appear in our papers and on the news every day and what we can do to influence them. Theme 3: Business behavior & the Labour Market. Looks at both of these operate and how the Government can influence them. Theme 4: A Global Perspective. Students will develop an understanding of economics, poverty and inequality, emerging and developing economies and the financial sector.