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Course ECON 1001: ECONOMICS 2013-14

Term 1 MICROECONOMICS - course details and arrangements Course Lecturer: Dr. Donald Verry Room 306 Drayton House Internal telephone extension: 25835 Email: d.verry@ucl.ac.uk Office Hour: Thursdays 3-4. ECON1001 on Moodle. I use Moodle primarily as a means of communicating with you, the students on the course, and for storing course documents. From time to time I may post self-test questions. You can also use the forum for feedback and questions. This course now has an electronic assessment in the first week of term 2. Some sample assessment questions can be found on the Moodle page. This will familiarise you with how to take this kind of test and indicate to you the types of questions you will receive in January. How to get to the ECON1001 Moodle course: Go to ECON1001 on the Departmental web site and you will find the link. Alternatively, you can log in to Moodle directly and select this course. UCL has a number of Moodle instruction resources for students. Here is a link to the quick start guide: https://wiki.ucl.ac.uk/display/ELearningStudentSupport/Moodle

Teaching: Formal teaching is in the form of lectures, demonstration lectures and classes. Lectures (10 x 2 hr sessions): Wednesdays 9-11, Christopher Ingold Auditorium. Demonstration Lectures (worked problems, 5 per term) Mondays 9-10, Christopher Ingold Auditorium. These will be held on the following dates : 14th October, 28th October, 18th November, 2nd December and 9th December. You will be given problems a couple of days in advance (including selections from past exam papers) and the solutions will be worked in the demonstration lecture. You are expected to have attempted the solutions in advance. Classes and Coursework. You will have eight ECON1001 classes per term. Your class teacher will set coursework; four pieces of coursework will be marked (per term). Attendance at classes and submission of coursework is compulsory. The problem sets will be DWV/UCL/ECON1001 MICRO/2013-14/Course details Page 1

put on the Moodle course page. Class arrangements will be circulated separately. Assessment: Assessment comprises three components, as follows: 1. A one hour electronic examination (mainly multiple choice) to be held on the morning of Wednesday January 15th. This will cover the material of term 1 (microeconomics)
Common Timetable.url

and will count for 25% of the total mark. 2. A one hour electronic examination (mainly multiple choice) to be held on the morning of Wednesday March 26th (to be confirmed). This will cover the material of term 2 (macroeconomics) and will count for 25% of the total mark. 3. A one and a half hour conventional written examination (exact duration to be confirmed) in the main examination period in term three. This will cover material from both terms and will count for 50% of the total mark. Last year's exam is posted on the website. You are required to take each of the three assessments. Absence from any of the three without acceptable reason will result in your being deemed "incomplete" and failing the module. The overall pass mark is 40%. You are expected to perform to a satisfactory level in each component. Extremely low marks in either of the end of term tests could, at the discretion of the Departmental Tutor, result in you being deemed incomplete, which would prevent you taking the final exam. Your ECON 1001 result will be taken into account in classifying your final degree (see Student Handbook). To be permitted to sit the end of year examination students must have met the: Course requirements 1. To meet course requirements you must have attended and performed satisfactorily in both the December and March assessments. 2. You must also have a satisfactory record of class attendance and coursework submission. College guidelines state that students attending less than 75% of classes and/or having submitted less than 75% of required written work will not be deemed to have met course requirements, and therefore may be ineligible to sit the final exam. If you have legitimate reasons for non-attendance (e.g. medical), documentation is normally required. You should inform Viv Crockford and supply the documentation to her. The microeconomics component of ECON1001 is challenging. It starts from scratch (no prior knowledge of economics is assumed), but it moves quite rapidly. One constraint is to get students to the level required at the beginning of ECON2001, an even more challenging course that most of you will take in your second year! If you have not done any economics before you will need to work hard to "get into" the subject. If you have DWV/UCL/ECON1001 MICRO/2013-14/Course details Page 2

done economics at school do not imagine that you know the material in ECON1001; you may know bits, but there will definitely be material here that is new to you and complacency is dangerous. For both groups, working consistently is the key.

DWV/UCL/ECON1001 MICRO/2013-14/Course details

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