Course Code: C02

Course Title: Economic principles

College: SOAS CEDEP

Course Director: Andrew Dorward

Course Description: This course is about microeconomics, which means the economics of individual industries, sectors or markets. Concentrating on one market at a time enables us to isolate and analyse in detail the forces at work in it. We do this by determining how individual economic actors and agents (households and firms) react to stimuli. This contrasts with the study of a number of markets interrelated nationally or internationally and which is known as macroeconomics.

Once you understand how consumers and producers respond to changes in market conditions, you will be a long way towards understanding how the market works. We will deal with these main principles in Parts I and II. However, this does not mean that the course is entirely theoretical, as the theory it presents is necessary for economic problem solving. The course contains a stream of questions and exercises designed both to help your study of the theory, and to consider how it might be applied practically by analysts.

By the end of the course you should have

• the ability to explain the principles of economics that are relevant to understanding how individuals make decisions about consumption and production activities

• developed a sufficient basis in microeconomics to provide a foundation for their work on other modules in the programme

• sufficient practice in using economic principles to solve relevant analytical problems

Assessment: Exam 100%

Course Credit: All SOAS CeDEP short course students receive a certificate of completion. Students of SOAS CeDEP Short Courses who may wish to transfer credit to Certificate, Diploma or Masters-level programmes are advised to select short courses which also act as Core Modules on CeDEP's various programmes.

Course Study Hours/Duration: 240 hrs over 35 weeks

Schedule of Availability: Feb - Oct (Enrolment deadline prior to Feb start - 30th November)

Delivery Mechanisms: Print; CD-Rom; Online Discussion

Cost: £960

How to apply: To enquire about applying for this course, or for any other information, please contact the Course Administrator using the online Enquiry Form below