THE UNIVERSITY OF MANCHESTER

ECON10221: Microeconomics 1

Unit Level: Level 1

Comprehensive Revision Guide and Course Notes 2026

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BMAN10501, BMAN10522, BMAN21011, ECON10241, and ECON31031

ECON10221 - Microeconomics 1 at the University of Manchester

£35.00

ACADEMIC YEAR 2026 - 2027

University	University of Manchester
Unit Code	ECON10221
Credit Rating	10
Unit Title	Microeconomics 1
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	121

This comprehensive guide for ECON10221: Microeconomics 1 at the University of Manchester provides the essential tools to help you succeed in the course unit. The document covers all topics, offering clear explanations, illustrations, and worked examples to deepen your understanding and application of key concepts. It is logically structured, emphasising important concepts and methods, and includes practical examples to demonstrate their applications. Featuring the latest course content, this guide is designed to prepare you for academic success.

ECON10221: Microeconomics 1 offers a comprehensive, self-contained introduction to microeconomic theory. The course equips students with essential analytical tools and core concepts - including revenue, cost, opportunity cost, elasticities, and the distinctions between marginal and average values - that are vital for understanding market dynamics and firm behaviour. It also explores the evolution of economic thought, linking modern neoclassical theories with earlier classical perspectives.

Designed for students with no previous background in economics, the course applies theoretical insights to real-world scenarios. The syllabus spans topics such as the Capitalist Revolution, technological change, population growth, classical and marginal economic theories, and social and strategic interactions, as well as an analysis of both price-making and price-taking firms.

Note that ECON10221 cannot be taken concurrently with ECON10171.

UNIT CODE	UNIT TITLE
BMAN10001	Economic Principles: Microeconomics
BMAN10101	Principles of Marketing
BMAN10501	Financial Reporting
BMAN10512	Introductory Management Accounting
BMAN10522	Financial Decision Making
BMAN10552	Fundamentals of Finance
BMAN10621M	Fundamentals of Financial Reporting
BMAN10872	Introduction to Work Psychology
BMAN20072	Investment Analysis
BMAN21011	Financial Markets and Institutions
BMAN21040A	Intermediate Management Accounting
BMAN21020A	Financial Reporting and Accountability
BMAN23000A	Foundations of Finance A
BMAN23000B	Foundations of Finance B
BMAN30091	Financial Derivatives
BMAN30111A	Advanced Corporate Finance
ECON10072A	Advanced Statistics
ECON10221	Microeconomics 1
ECON10232	Microeconomics 2
ECON10241	Macroeconomics 1
ECON10262	Macroeconomics 2
ECON30370	Econometrics
ECON31031	Advanced Econometrics
PSYC10100	Research Methods and Statistics
PSYC21061	Statistics and Data Analysis
SOST10062	Introductory Statistics for Economists

UKNOTES

ECON10221 - Microeconomics 1 at the University of Manchester

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