THE UNIVERSITY OF EXETER 
BEE2038: Intermediate Microeconomics 
* Final Examination Guide and Notes 2024 
 
Part A: About This Guide 
Part B: Sample Final Examination Paper 
Part C: Suggested Solutions to Final Exam Paper 
Part D: Final Examination - Hints and Tips 
 
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University of Exeter

Uni of Exeter - BEE2038: Intermediate Microeconomics (Solutions)

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ACADEMIC YEAR 2023 - 2024

University	University of Exeter
Study Level	Undergraduate
Module Code	BEE2038
Module Name	Intermediate Microeconomics
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	29

* This guide allows students to understand how the BEE2038: Intermediate Microeconomics, University of Exeter - Final Examination 2024 will be assessed, structured and the likely style and range of questions that would be asked. This self-study set has been thoroughly updated to cover all the topics covered in the latest edition of the exam. You do not need to be an expert in the module, you just need a basic understanding and be able to quickly recall the information that you learn. You can use these notes as a reference, to understand the topics better and improve your grades in the final exam.

- The module is designed to equip students with the key principles necessary for the analysis of a range of basic economic problems and policies. It seeks, in particular, to increase the students’ abilities to, independently, pose and solve economic questions, especially those relating to policy issues. This module emphasises the fundamental conceptual foundations in microeconomics and key tools of microeconomic analysis, and provides concrete examples of their applications. You will develop understanding of how decisions by consumers, firms and government are interlinked, and impact on the overall level of economic activity. Analysis of contemporary economic events will be a key feature of the module, enabling the procurement of skills to assess the likely trends in economic variables that will facilitate decision making.

✔ (Summary) Main topics to be covered:

Utility and choice - Utility, preferences, indifference curves, budget constraints
Demand curves: Individual and market demand
Production functions, costs, profit maximisation and supply
Welfare outcomes of market systems
Uncertainty - basic concepts, risk aversion, investment choices
Game theory; experimental evidence on choices in strategic situations
Behavioural economics; Limits to cognition, willpower, self-interest; applications and evidence
Market failures: Public goods
Monopolies, pricing and price discrimination

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BEA3008	Finance for Managers
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BEE1006	Introduction to Finance
BEE1022	Introduction to Statistics
BEE1023	Introduction to Econometrics
BEE1025	Statistics for Business and Management
BEE1036	Economics I
BEE1037	Economics II
BEE2020	Introduction to Econometric Theory
BEE2025	Microeconomics II
BEE2027	Financial Markets and Decisions I
BEE2038	Intermediate Microeconomics
BEE3059	Asset Pricing
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Uni of Exeter - BEE2038: Intermediate Microeconomics (Solutions)

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