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The objective of this course is to take students who have had only an intuitive and descriptive introduction to basic economic concepts and acquaint them with the use of formal economic models at an elementary level. The students will be introduced to simplified models for microeconomics and macroeconomics. Under the heading of, "microeconomics", theories of consumer and firm behaviour are introduced along with an explanation of the various types of market structures. For "macroeconomics", the course presents theories of long-run economic growth and short-run economic fluctuations.

The course bridges the gap between the conceptual introduction in ECON1000 and the more rigorous and structured theories of the intermediate courses offered at Level II. This course serves two purposes:

  • It provides an opportunity for the non-economics major who has enjoyed the introduction to economics in ECON1000 and wants to add more to their knowledge of economics.
  • It provides an upgrade path for the student who has taken ECON1000 and wishes to major or minor in economics.

Outline: Theory of Consumer Behaviour and Theory of Firm Behaviour, Market Structures, Elements of Macroeconomics, and the Components of the Macro-economy.

Pre-requisites: ECON1000

Semester: 1 & 2

LecturerDr. Patrice Whitely

Position: Lecturer

Office Hours:

Office Location: (Sir Alister McIntyre Building), Block I  I-217, 


Lecturer: Ms Anna-kay Hall

Position: Adjunct Assistant Lecturer

Office Hours: N/A

Office Location: 



Course Outlines

Year Click Here
2018-2019 More Detail
2019-2020 More Detail
2020-2021 More Detail
2021-2022 More Detail
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