The module is intended to be an approachable
introduction to the scope of economics. It deliberately takes an applied
approach so as to demonstrate how the economist’s toolkit can be used to
analyse real-world issues, including those of relevance to the world of
business.
Objectives
Explain the concepts of market structure
conduct and performance
Characteristics of a perfectly competitive
market
Explain the short and long run positions in
perfect competition
L15 Structure, Conduct and Performance
L16 Perfect Competition
Structure Conduct and Performance worksheet
Studying sociology offers insights into social and cultural issues. It helps you develop a multi-perspective and critical approach to understanding issues around culture, identity, religion, education, work and social power. More than once during the course you’re bound to ask yourself the question, “Why have we developed like this".
The W.I.F.P sociology course helps students develop a number of new skills: • How to use evidence to support your arguments • How to investigate facts and use deduction • How to put over your point of view fluently • How to work as a team to achieve results • How to take responsibility for your own learning.