Module manager: Michael Reynolds
Email: M.M.Reynolds@Leeds.ac.uk
Taught: Semester 2 (Jan to Jun) View Timetable
Year running 2025/26
LUBS1951 Economic Theory and Applications OR LUBS1953 Economic Theory and Applications for Finance OR LUBS1940 Economics for Management AND at least ONE from the following: LUBS1285 Mathematics and Statistics for Economics and Business 1B OR MATH1000 Core Mathematics
This module is not approved as a discovery module
The module will consider a number of microeconomic problems and explain the approach that microeconomists take when attempting to solve these problems. Students will develop insight into how mathematical modelling is used to understand problems of consumer theory and producer theory.
The aim of this module is to give students a grounding in the tools, techniques, and theory of microeconomics theory and to explore the application of microeconomics.
On completion of this module, students will be able to:
- Analyse and evaluate microeconomic concepts and theories;
- Use and understand the tools and techniques of microeconomics;
- Apply microeconomics to solve complex problems and explain these solutions.
On completion of this module, students will:
- have developed their ability to identify and solve problems;
- have improved their ability to explain complex theories.
The module will consider two broad areas: consumer theory and producer theory.
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Workshop | 11 | 1.5 | 16.5 |
| e-Lecture | 11 | 1 | 11 |
| e-Lecture | 11 | 2 | 22 |
| Private study hours | 50.5 | ||
| Total Contact hours | 49.5 | ||
| Total hours (100hr per 10 credits) | 100 | ||
This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Open Book exam | 3.0 Hrs 0 Mins | 100 |
| Total percentage (Assessment Exams) | 100 | |
The resit for this module will be 100% by 3 hour examination.
The reading list is available from the Library website
Last updated: 30/04/2025
Errors, omissions, failed links etc should be notified to the Catalogue Team