Economics

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You may not see a full list of all your expected courses in your Moodle My Courses list or in this category. This does not necessarily mean that your course registrations are incorrect. There are two possible reasons:

  • Departments/Tutors make courses visible to Students in Moodle when the course is ready for teaching
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You can use the Study tab in Campus Connect to check the courses you are registered for or contact your department who can also provide information on their use of Moodle.

Course image 23-24 EC5116: Inequality, Development and Health
Economics

The aim of this module is to provide an overview of the literature of health behaviour and outcomes in middle- and low-income countries, with special attention to the role of poverty and inequality in shaping those outcomes. The module will focus on drivers of health outcomes and the effectiveness of different interventions and public health programmes and how the environment shapes disease incidence (such as malaria, and other vector-borne diseases).  

Course image 23-24 EC1101: Principles Of Economics
Economics

This is a two-term introductory module on how the economy works. It develops both intuitive and formal explanations about how economic agents think and interact, and analyses the results of those interactions. The module prepares the students for the more formal frameworks they will see in their second-year studies. 

Course image 23-24 EC1107: Employability 1
Economics

This course unit aims to prepare for future employment open to you before and after graduation. This course unit will allow you to implement the Royal Holloway career aspiration strategy:  evaluate, explore, enacts. It contains information about the challenges of finding employment, detail what skills you will develop as part of your studies as well of the training of specific employability skills. This course unit will be followed in the second and third year to deepen this material.


Course image 23-24 EC1220: Introduction to Mathematics for Economics
Economics

The primary goal of this five-week module is to introduce students with minimal mathematical background to the formal tools used in the first-year Principles of Economics module and the Data Skills module as well as the second-year modules of Microeconomics and Macroeconomics. To achieve this goal, we begin by getting up to speed with the bare-bones basics of set theory, mathematical logic, and the concept of functions. Next, we examine the most common functional forms used in economics and analysing their behaviour using conventional graphs. We then move on to the basics of differential calculus, focusing on the rules of differentiation and the ways derivatives are used in unconstrained and constrained optimisation. Throughout the module, we emphasize applications of the mathematical tools we learn to economic models and data. 

By the end of the course students should be able to:

  • Be familiar with the basic terms, rules, and notation of mathematical logic and set theory;
  • Understand the concept of a function;
  • Illustrate the behaviour of (real-valued) functions (of one or two real arguments) using graphs;
  • Analyse the behaviour of (real-valued) functions (of a one or more real arguments) using derivatives, and in particular: 
    • Find the local and global maxima of (well-behaved) functions
  • Understand and apply the basic principles of constrained optimisation;
  • Solve basic economic models and analyse their "comparative statics".

Course image 23-24 EC2107: Employability 2
Economics

This course unit aims to prepare for future employment open to you before and after graduation. This course unit will allow you to implement the Royal Holloway career aspiration strategy:  evaluate, explore, enacts. It contains information of the challenges of finding employment, detail what skills you will develop as part of your studies as well of the training of specific employability skills. This second-year course unit will focus on preparing you for employment after graduation and allowing you to find a relevant internship at the end of the first year.


Course image 23-24 EC2201/EC4201: Microeconomics
Economics

Lectures:
Tuesdays, 15:00 - 17:00, Boilerhouse Auditorium

Seminars:
Mondays, 10:00-16:00, starting 3 Oct, please check your personal timetable. 

Weekly Quiz:
Fridays: 8am - 8pm (12h), starting 4 Oct. on Connect. (Mock Quiz available 1st week.)

Weekly Homework
Deadline Thursdays, 11:59pm, opens Wednesdays 8am (40h), starting 4 Oct. on Connect. (Mock homework available 1st week.)

Midterm: 
25 Nov, 10am - 12pm

Exam: 
Summer Term (May/June)

Outline:

EC2201/4201 is the second-year course in microeconomic analysis and policy. The course offers an introduction to microeconomics and game theory and addresses the behaviour of individuals and firms in the economy, examining issues such as individual optimisation, the behaviour of the firm in different market environments, exchange and general equilibrium frameworks. Applications to various markets such as the labour market will be discussed as well as market failures in the presence of asymmetric information, externalities and public goods.



Course image 23-24 EC2202/EC4202: Macroeconomics
Economics

EC2202 is a second year core, compulsory course in macroeconomic theory and policy.

Course image 23-24 EC2211: Financial Markets & Institutions
Economics
EC2211 is a module teaching students about the Economics of Money, Banking and Finance.
Course image 23-24 EC2212: Industrial Growth And Competition
Economics
EC2212 is a 15-credit module for second-year undergraduates in the Economics Department.

It will be mandatory and non-condonable module (must-pass) for some students and optional for others. Please check your degree course (programme) specification for more information. You can find it in the degree course library (google RHUL degree course library).

The module covers the theories of the firm, the role of transaction costs, and issues surrounding investment, organization, governance and expansion of corporations. The material emphasizes both theories and their applications. Students will be expected to work with real-life data and test hypotheses on top of understanding the models discussed in class. Please check the description of the learning outcomes on Moodle for further information.
Course image 23-24 EC3001: The Economics of Banking
Economics
The course's aim is to provide a theoretical economic analysis of the economics of banking and the potential fragility of the financial system. The course will include analysis of why banks exist and why bank runs may occur. The course’s textbook will be Freixas and Rochet “Microeconomics of Banking”, but will also use "Understanding Financial Crises", Clarendon Lectures in Finance by Franklin Allen and Douglas Gale.
Course image 23-24 EC3107 Employability
Economics

This course unit aims to prepare Economics students for their future employment open to them before and after graduation. This course unit will allow students to implement the Royal Holloway career aspiration strategy:  evaluate, explore, enacts. It contains information of the challenges of finding employment, detail what skills they will develop as part of their studies as well of the training of specific employability skills. This third-year course unit will focus on preparing student for employment after graduation.


Course image 23-24 EC3113: Industrial Economics 1
Economics
EC3113 is a one-term third-year undergraduate course in industrial economics. Its aim is to familiarize students with a broad range of the methods and models applied by economists in the analysis of firms and industries. A broader goal is that students who take the course will, by working extensively with theoretical models, acquire analytical skills that are transferable to other kinds of intellectual problems.

Students should have a grounding in microeconomics and mathematics, including calculus. The course consists primarily of analyses of formal economic models.
Course image 23-24 EC3133: Econometrics 1
Economics
The aims of EC3133 are:

1) Deepen understanding of applied econometrics
2) Focus on applications of techniques to real world data
3) Understand better why one particular econometric technique may be more appropriate than another
4) Appreciate the power but also the very serious limitations of empirical techniques in general
5) To learn how to be scientifically critical of the so-called "science" - the debate is never over...
Course image 23-24 EC3213: Industrial Economics 2
Economics
This is an undergraduate-level economics course covering topics in Industrial Organisation. The course assumes the fundamental IO topics as covered in EC3113. The course is a mixture of theoretical models, empirical approaches, and applications of theory. Topics include theory of the firm, asymmetric information, demand and production function estimation, and product differentiation.
Course image 23-24 EC3313: Industrial Economics
Economics
EC3313 is a full-year third year undergraduate course in industrial economics. Its aim is to familiarize students with a broad range of the methods and models applied by economists in the analysis of firms and industries. A broader goal is that students who take the course will, by working extensively with theoretical models, acquire analytical skills that are transferable to other kinds of intellectual problems. Students should have grounding in microeconomics and mathematics, including calculus.
Course image 23-24 EC3329: Advanced Economic Theory
Economics
This course covers microeconomic theory at an advanced level that falls between the 2nd year (‘intermediate’) and postgraduate stages. After a review of linear programming, the course turns to concave production function and an examination of the concavity/diminishing returns inherent in linear programming. We then introduce more abstract models of technology and the firm: linear activity analysis and productions sets. The approach we take to consumer theory will rely on axioms on preferences rather than taking utility functions or indifference curves as starting points. The course then fuses the analysis of consumer and producer behavior in the general equilibrium model. We conclude with the welfare theorems of general equilibrium theory and the economics of uncertainty. We will spend the time necessary to teach the mathematics needed for a proper understanding of the theoretical topics considered.
Course image 23-24 EC3331: Political Economy
Economics
This module introduces the basic formal tools used in the analysis of choices societies make (a.k.a. public choice). It focuses on modelling voters' and politicians' behaviour, as well as addressing their incentives and constraints when choosing public policies. The module will apply theoretical and empirical methods, which may seem advanced to many students who find mathematics and econometrics challenging. The exposition will involve formulating and solving technical problems, and findind intuitive explanations for their solutions. Students will be expected to do a significant number of calculations and/or work with data on a weekly basis.
Course image 23-24 EC3335: Financial Econometrics
Economics
The EC3335 course covers principal techniques used in empirical Finance. It concentrates on methods used in the analysis of financial time series and their application to real financial data.
Course image 23-24 EC3336: Economics of Development
Economics
The course provides an overview of the literature in development economics. The overarching interest is what creates and what reduces poverty and how poor people live their economic lives. Students will be introduced to theoretical and empirical approaches to the understanding of binding constraints to development, household decisions and organisation, effectiveness of public policy and alternative arrangements that arise when markets and institutions fail.

Learning Outcomes
Successful students will
o Have a comprehensive knowledge about the main issues in development microeconomics that are currently driving state-of-the-art research.
o Be able to engage analytically and critically with theoretical and empirical articles.
o Obtain a good understanding of policy issues: tools at hand, what are the likely mechanisms at play, different strategies to assess policy effectiveness.