16 NQF credits at HEQSF level 8
The course reviews relevant microeconomic theory including utility theory, consumer preferences consumer choice, the theory of demand. It then tackles important topics in consumption theory including demand systems and Engel’s law. Students are then introduced to survey data and taught how to consumption theory on actual data, as well as to compare micro and macro estimates of consumption. In all sections of the attention will be paid to becoming familiar with software.
DP requirements: None
Assessment: Coursework 50%, Exam 50%
Last updated : 18 Apr 2018