THE UNIVERSITY OF GLASGOW 
ECON1001: Economics 1A 
Final Examination Guide and Notes 2024 
 
Part A: Revision Notes 
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 Glasgow - ECON1001: Economics 1A

£35.00

ACADEMIC YEAR 2023 - 2024

University	University of Glasgow
Study Level	Undergraduate
Course Code	ECON1001
Course Name	Economics 1A
Notes Title	Final Examination Guide and Notes
Page Length	122

Reinforce and practise skills learned with step-by-step support from our best tutors in the ECON1001: Economics 1A, University of Glasgow to help you achieve your maximum potential. This is a complete revision guide of everything that is examinable for this course. Within this document, you will find a comprehensive evaluation of the examinable topics for the module. Every learning outcome that can be tested is explored in depth and diagrams are provided to aid retention. This guide is extremely helpful for you revising all topics and with the exam.

Economics 1A, or ECON1001, is a foundational course offered at the University of Glasgow's Adam Smith Business School. This course, along with its counterpart, Economics 1B, imparts the basic principles of economics with a focus on microeconomics and the role of the market mechanism in resource allocation. The course is typically offered in the first semester and carries 20 credits at Level 1 (SCQF level 7). It aims to provide an overall introduction to economics, enhance understanding of economic aspects of current affairs, and encourage self-directed learning. The course also equips students with skills such as analytical thinking and clear expression, which are relevant in a wide range of situations beyond the course.

By the end of this course, you should be able to:

Explain the role and function of the main factor markets
Understand various forms of market failure
Comprehend the role and rationale for government intervention
Construct a focused argument based on coherent general economic principles
Demonstrate skills in data interpretation and numeracy
Explain economic issues, problems, and solutions to non-economists

COURSE CODE	COURSE NAME
ACCFIN1001	Introduction to Business Reporting and Financial Accounting
ACCFIN1003	Finance 1
ACCFIN1004	Financial Accounting 1
ACCFIN1006	Introduction to Management Accounting and Control
ACCFIN1016	Introduction to Finance, Investments and Institutions
ACCFIN2002	Finance 2
ACCFIN2003	Financial Accounting 2
ACCFIN2018	Statistical Analysis and Methods
ACCFIN4010	Capital Markets and Portfolio Management
ACCFIN4040	Derivative Securities
ACCFIN4070	Corporate Finance
ACCFIN4079	Econometric Methods for Accounting and Finance
ACCFIN4081	Financial Management
ECON1001	Economics 1A
ECON1002	Economics 1B
ECON2001	Economics 2A
ECON2002	Economics 2B
ECON4003	Econometrics 1: Introduction to Econometrics
ECON4004	Econometrics 2: Multiple Regression and Applications
MGT1025	Current Topics in Marketing

University of Glasgow - ECON1001: Economics 1A

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