The overall aim of this course is to provide an introduction to the basic economic concepts and principles. Reference is mainly to the UK experience in preparation for studying with British students at university.  The first semester will deal with “micro” economic issues and the second semester will deal with “macro” economic issues:  

Aims

• To develop in the students the skills, knowledge, understanding and enthusiasm in Economics appropriate for entry to an Economics or Business related degree programme at a Western, English medium university.
• To develop key knowledge and understanding of economic concepts and principles in the setting of the UK.  
• To encourage students to analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.  
• To ensure that students have the necessary English language subject specific vocabulary and terminology to learn effectively in an English medium university.  
• To apply and practice ICT skills in the context of the study of Economics.  
• To develop the confidence and competence of the students as learners and to assist them in taking some responsibility for their own learning through directed study and reading.
• To encourage students towards a degree of independence in the planning and organisation of their studies.  

Syllabus Summary

-      Micro Economics (The study of markets): The Basic Economic Problem and Economic Systems; Demand, Supply and Market Price; Business Economics

-      The Theory of Production

-      Macro Economics (The National Economy): The main objectives of Government economic policy: Economic growth; Taxation and Government spending; Money and Monetary policy; Inflation and Unemployment; Trade Policy  

ICT

Students should use Microsoft Office software in the analysis of data and preparation and presentation of reports.  Wherever possible, coursework should be designed to enable students to demonstrate their generic ICT skills and this ability should be assessed.  

EAP & Key Skills

All NCUK subject modules are integrated into the EAP or Key Skills module. This means that subject coursework will be used by the EAP/Key Skills teacher to introduce and practise specific academic language skills required for these subjects.  

Assessment

The final summative assessment is made up of 30% continuous assessment (coursework) and 70% final examination(s).