Foundation modules: Economics

The syllabus of the Advanced Level Foundation Economics module covers:

  • Micro Economics
  • The Goods Market
  • The Factor Market: Labour and Wages
  • Macro Economics
  • National income determination
  • Economic problems
  • Free Trade
  • Protectionism
  • Exchange rates and Balance of Payments

At the end of the Advanced Level Foundation module in Economics you will:

  • have factual knowledge of economics at micro, macro and international levels
  • understand the tools of economic analysis and the problems to which these tools may be applied
  • understand economics as a discipline in its own right and be aware of its links to related subjects
  • have awareness of common sources of economics data and be accustomed to using the principal reference sources.