Full Title:Microeconomics
Module Code:ECON B8Z01
Credits: 5
Valid From:Semester 1 - 2013/14 ( September 2013 )
Module Delivered in 3 programme(s)
Module Description:The aim of this module is to provide an understanding of the market system and the reasons and uses to which economic information can be put. The module aims to provide an understanding of how resources in an economy can be allocated in a more efficient and sustainable manner. The course will examine the the different market structures in an economy and the wider features of supply and demand. It also aims to provide an understanding of the core issues involved in the development of economic models and their interpretation.
Learning Outcomes:
On successful completion of this module the learner should be able to
  1. Evaluate the broad principles of economic theory
  2. Assess the operation of market forces
  3. Evaluate the role of government intervention
  4. Critically evaluate economic models of the market
  5. Be able to give a critical analysis of economic behaviour
  6. To evaluate more fully the role of economics in assessing efficiency in the company and the economy generally

Module Content & Assessment

Indicative Content
Demand and Supply
Elasticity of Demand and Supply
Utility and Demand
Production Costs and objectives of the firm
Market Structures
Market failure and Intervention
Assessment Breakdown%
Course Work20.00%
End of Module Formal Examination80.00%

Full Time

Course Work
Assessment Type Assessment Description Outcome addressed % of total Marks Out Of Pass Marks Assessment Date Duration
Class Test Continuous assessments based on multiple choice and open explanation type questions. Both assessments will combine calculations and diagrams. 1,2,3,4,5,6 20.00 0 0 n/a 0
No Project
No Practical
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Marks Out Of Pass Marks Assessment Date Duration
Formal Exam End-of-Semester Final Examination 1,2,3,4,5,6 80.00 0 0 End-of-Semester 0

DKIT reserves the right to alter the nature and timings of assessment


Module Workload & Resources

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Independent Study No Description 3.00 Every Week 3.00
Directed Reading No Description 3.00 Every Week 3.00
Lecture No Description 3.00 Every Week 3.00
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
This course has no Part Time workload.
Recommended Book Resources
  • Gerard Turley and Maureen Maloney 2011, Principles of Economics, 4th Ed., Gill and MacMillan Dublin [ISBN: 9780717149889]
Supplementary Book Resources
  • J O'Leary, Economics, Gill and MacMillan
This module does not have any article/paper resources
Other Resources
  • n/a: Central Bank Quarterly Reports.
  • n/a: Economics and Social Review
  • n/a: Business and Finance
  • n/a: Bank of Ireland Review
  • n/a: http://www.enterprise-ireland.ie
  • n/a: http://www.cso.ie
  • n/a: http://www.idaireland.ie
  • n/a: http://www.skillsireland.ie
  • n/a: http://www.forfas.ie
  • n/a: http://www.ask-ireland.com
  • n/a: http://www.finfacts.com
  • n/a: http://www.centralbank.ie
  • n/a: http://www.bankofireland.ie

Module Delivered in

Programme Code Programme Semester Delivery
DK_BBAAF_B Bachelor of Arts (Honours) in Accounting and Finance 1 Mandatory
DK_BBUST_8 Bachelor of Business (Honours) 1 Mandatory
DK_BMRKT_8 Bachelor of Business (Honours) in Marketing 1 Mandatory