In year one you will examine issues like competitive markets and uncover the reasons why some markets fail. In year two you will expand on your existing knowledge, with further use of complex microeconomic models, such as monopoly and oligopoly.
Year One
Absolute and Comparative Advantage
Economic Growth
Labour Market
Labour Market Questions
Market Structures
Model Answer - Labour Market Flexibility (15)
Other forms of Protectionism
The Balance of Payments
Unemployment