How do firms make decisions? And how do these decisions impact on the prices you pay? What role does game theory play? Understand strategic interaction among firms, using theoretical tools to examine real-world examples. Analyse the main economic forces behind firm behaviour, adapting economic models to study particular challenges.

How do foreign exchange markets determine trade? Understand the economic role that international currency markets play. Study models to interpret exchange rate movements and how this links to key macroeconomic variables. Analyse real-life policies that respond to events in the international monetary system.

How do economic theories determine asset prices? Can you apply analytical reasoning to asset pricing problems? Understand capital markets and explore the predictability of asset price changes. Learn to build simple models of asset markets and how to interpret the mathematics of such models in economic terms.

Can economic analysis be applied to environmental issues? And to environmental policies? Understand the strengths and weaknesses of economic analysis when applied to the environment. Learn to design policies that result in positive environmental outcomes in the modern world.

Introductory Macroeconomics studies some of the fundamental concepts and methods in economics. It equips you with the basic tools and methods of analysis used in economic reasoning. You are introduced to National income accounting, the basics of fiscal and monetary policies in the short run, and the critical role of the Government's budget constraint. The module then progresses into a discussion of the trade-off between inflation and unemployment and the role of the natural rate of unemployment. Particular emphasis is applied to understanding how macroeconomics can help understanding the economic environment we live in and the most important economic challenges we face.

What happens when classic economic theory doesn’t predict empirically observed behaviour? Can behaviour economics help? Study strategic interactions and markets using behavioural economics to reconcile empirical findings with theoretical models. Gain an understanding of experimental methods used in behavioural economics.

This module equips you with the tools to critically access experimental methods commonly used in economics. You will put theoretical knowledge into practice, learning how to design experiments and interpret results. With a growing interest in behavioural considerations, experiments are increasingly used not only in psychology, but also economics and political science. Recognizing the value of controlled variation to study causal relationships, large companies also increasingly use "A-B testing".