Date:February 06, 2014

PPE – Economics Course

In the first year economics is taught as part of the introductory programme with ‘Prelims’ in Microeconomics and Macroeconomics. In subsequent years, they take a combination of Core and Optional courses. Options for the final year include the opportunity to write a thesis.

Teaching for each course includes a series of sixteen or more lectures covering essential topics, extensive personal study and tutorials.

1st year
Introductory Courses 
  • microeconomics
  • macroeconomics
  • mathematical techniques
2nd & 3rd year
Finals Courses Core Courses

  • Microeconomics
  • Macroeconomics
  • Quantitative methods

Optional Courses 

Optional supplementary subject course

Introductory Microeconomics:

Consumer theory; producer theory; market equilibrium with perfect competition, monopoly and simple oligopoly models; factor markets; general equilibrium, welfare and externalities. Mathematical techniques: mathematical economics: applications of functions and graphs, differentiation, partial differentiation, maxima and minima, optimisation subject to constraints.

Textbooks at an appropriate level for introductory microeconomics are:
H.R. Varian Intermediate Microeconomics
M.L. Katz and H. S. Rosen Microeconomics

Introductory Macroeconomics

National income accounting, the determination of national income and employment, monetary institutions and the money supply, inflation, balance of payments, exchange rates.

An appropropriate textbook is:
G. Mankiw Macroeconomics