University of Nottingham - BUSI1095: Introduction to Economics (Solutions)

This level 1 module, Introduction to Economics (BUSI1095) - is designed for first-year Business School undergraduates specialising in BSc Industrial Economics. Through lectures, seminars, and coursework, you'll gain a foundational understanding of economic principles. We'll explore how markets operate, delve into macroeconomic policy decisions, and equip you with analytical tools to evaluate economic issues and policies that impact the UK and global economies. By the end of the semester, you'll not only grasp core microeconomic concepts but also develop critical thinking and problem-solving skills essential for applying economic principles to real-world scenarios.

Upon successful completion of the module, you will be able to:

• comprehend the development, access, and operation of markets for resources, goods, and services, along with macroeconomic policies;
• recognise economic theories, modelling approaches, and methodological strengths and limitations;
• employ critical thinking, analysis, synthesis, and evaluation;
• apply economic models to address real-world economic issues effectively;
• utilise economics to guide policies and interpret economic phenomena;
• grasp microeconomic principles like decision-making and pricing, and macroeconomic issues including employment, income distribution, and economic growth;
• and, discuss and analyse government policies to evaluate economic performance.

Corporate Finance (Level 2)

Applied Econometrics