Core Module Information
Module title: Principles of Economics (ENUIC)

SCQF level: 07:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ENI07140
Module leader: Emma Burgess
School ENU International College
Subject area group: ENUIC - Generic - SCEBE
Prerequisites

There are no pre-requisites for this module to be added

Description of module content:

The aim of the module is to provide students with a broad appreciation of a number of key economic principles.The module content includes:• the basic economic problem involving the issue of resource allocation and scarcity • consideration of alternative economic systems • supply, demand and elasticity concepts • market structures – perfect competition, monopoly, monopolistic competition and oligopoly • the key issues of economic growth, inflation and unemployment and general macroeconomic policy.In-sessional English support is integrated throughout delivery, with weekly pre-module sessions developing subject-specific vocabulary, lexis, and academic phrases, and post-module sessions providing consolidation through comprehension checks, summarising, and strategy-building activities. This wraparound model ensures learners can access, engage with, and reflect on content confidently while developing the language and academic skills necessary for progression.

Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Define the basic economic problem and comprehend alternative methods of dealing with the problem of scarcity

LO2: Explain the operation of markets using economic concepts

LO3: Describe the alternative models of market structures

LO4: Understand the role of government in the economy

LO5: Define the macroeconomic objectives of economic growth, inflation and unemployment.

LO6: Identify relevant policies relating to macroeconomic objectives

Full Details of Teaching and Assessment

Indicative References and Reading List - URL:
Contact your module leader