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Syllabus:

Economics B100:1, 15 Credits

Swedish name: Nationalekonomi B100:1

This syllabus is valid: 2014-07-21 valid to 2015-07-19 (newer version of the syllabus exists)

Course code: 2NE067

Credit points: 15

Education level: First cycle

Main Field of Study and progress level: Economics: First cycle, has less than 60 credits in first-cycle course/s as entry requirements

Grading scale: Three-grade scale

Responsible department: Department of Economics

Revised by: Rector of Umeå School of Business and Economics, 2014-06-16

Contents

Module 1: Tools and methods for economists (7,5 ECTS)
The main objective of the module is to provide the student with fundamental knowledge in methods for economists, theoretical as well as practical. Ethical aspects in research are included.

Relevant methods for economists include quantitative as well as qualitative methods. The first part of the course focuses on mathematical concepts needed for studies in economics, e.g. functional forms, algebra, optimization, matrix algebra and derivation. The second part of the course focuses on econometrics, especially key concepts, interpretations and practical use. The main model used is the traditional regression analysis (OLS).

Module 2: Industrial Economics (7,5 ECTS)
An updated text will be avaliable in August

Expected learning outcomes

Module 1: Tools and methods for economists (7,5 ECTS)
Upon completing this module, students should be able to:
• Apply relevant methods for economists
• Apply mathematical methods such as optimization, matrices and derivations
• Describe the theoretical foundation for the OLS model
• Apply OLS on relevant data, and alsobe able to describe the limitations of the model
• Discuss different ethical aspects connected to research.

Module 2: Industrial Economics (7,5 ECTS)
Updated goals will be avaliable in august.

Required Knowledge

Economics A100, 30 ECTS or equivalent.

Form of instruction

The education is given in form of lectures, group sessions and seminars.

Examination modes

The examination consist of a written examination in the end of each module, assignments and seminars.

The result from the assignments and seminars are only valid during the current semester. Students without the grade "Pass" or "Pass with Distinction" on assignments and seminars will be given additional questions covering these parts on the written exam in the end of the course.

A second exam opportunity is always offered within a short time span after the regular exam date for those students not achieving a Pass, except Module 2 during spring semesters. The subsequent exam opportunity is either the re-take opportunity the week before the fall semester or the next regular exam date.

The following grading system will be used: Pass with Distinction (Väl Godkänd) Pass (Godkänd) Fail (Underkänd).
Grades on the course are awarded when the student has passed all examinations and compulsory course elements on all  modules. The grade Pass with Distinction on the course requires the grade Pass with Distinction on all modules.

When a student has failed an examination on two occasions, he or she has a right to have another grading teacher. A written request for an alternative examiner should be handed to the rector of USBE.

Credit transfer
Academic credit transfers are according to the University credit transfer regulations.

Credit transfer
Academic credit transfers are according to the University credit transfer regulations.

Literature