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Unit information: Applied Microeconomics in 2022/23

Please note: It is possible that the information shown for future academic years may change due to developments in the relevant academic field. Optional unit availability varies depending on both staffing, student choice and timetabling constraints.

Unit name Applied Microeconomics
Unit code EFIM20002
Credit points 20
Level of study I/5
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Spittal
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

Students must have studied either EFIM20011 or EFIM20010

Units you must take alongside this one (co-requisite units)


Units you may not take alongside this one


School/department School of Economics
Faculty Faculty of Social Sciences and Law

Unit Information

The main aim of the course is to show how micro-economic principles can be used to understand real-world issues. The course covers a range of topics: recent examples have included Minimum wages, Targeted benefits, Healthcare and Environmental taxation.

The main focus of this course will be on how the theory can be applied in practice - looking both at theoretical insights into the issues and at relevant empirical evidence.

Your learning on this unit

By the end of the course the students will be able to:

  • Select and apply the relevant micro-theoretical tools to real-world problems
  • Discuss the main insights from a theoretical analysis, together with the relevant evidence

How you will learn

Teaching will be delivered through a combination of large and small group classes, supported by online resources

How you will be assessed

2 x 2,000 word multiple-part essays, asking students to display technical and applied knowledge (50% each).

Assesses all learning outcomes.


If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM20002).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.