This week’s topics
Review and coursework completion
- Reviewing the learning outcomes
- Completing and checking coursework against the criteria
- 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.