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Diploma in Higher Education Studies

Review and coursework completion

HES 202 · Introductory Economics — Week 15 of 16

CourseHES 202
Week15 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Review and coursework completion

  1. Reviewing the learning outcomes
  2. Completing and checking coursework against the criteria
  3. Self-assessment

What you will be able to do

  • 1.1 Explain the law of supply and demand.
  • 1.2 Illustrate market equilibrium using a simple diagram.
  • 2.1 Explain the concept of elastic and inelastic demand.
  • 2.2 Calculate a simple elasticity ratio.
  • 3.1 Explain inflation, unemployment and GDP.
  • 3.2 Interpret published economic indicators for a chosen country.
  • 4.1 Compare perfect competition and monopoly.
  • 4.2 Identify examples of each structure in real markets.

Activity

Guided review of every criterion; coursework completion clinic and peer review.

Study materials

Further resources

  • Writing Guide with Handbook, ch. 8.7: Reviewing the final draft · PDF · OpenStax (2021), a checklist for checking coursework before you submit it; pp. 269–271 · for registered students
  • Writing Guide with Handbook, ch. 20: Portfolio Reflection – self-assessment · PDF · OpenStax (2021), reflecting on your progress and judging your own work; pp. 663–687 · for registered students
  • Formative assessment and self-regulated learning: seven principles of good feedback · Open-access article · Nicol and Macfarlane-Dick (2006), Studies in Higher Education. Seven principles for checking coursework against the criteria and acting on feedback. · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: What is economics? Scarcity and choice
  • Week 2: Demand: how buyers behave
  • Week 3: Supply: how sellers behave
  • Week 4: Market equilibrium
  • Week 5: When demand or supply changes
  • Week 6: Price elasticity of demand
  • Week 7: Calculating elasticity
  • Midterm: Midterm evaluation
  • Week 9: Measuring the economy: GDP
  • Week 10: Inflation and unemployment
  • Week 11: Reading economic data
  • Week 12: Perfect competition
  • Week 13: Monopoly
  • Week 14: Markets in real life
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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