University	Lincoln University (LU)
Subject	ECON113 Economies and Markets

ECON113 Coursework

Course Aims and Learning Outcomes

Aims

The main aims of this course are:

To highlight how economics can be used as a tool to help understand the world around us;
To introduce students to a range of microeconomic and macroeconomic principles that can be used by individuals, businesses and policy makers to address issues involving scarcity, choice, resource use, economic management and public policy.

Learning outcomes

After successfully completing this course, students will be able to:

LO1.	Explain the basic principles of economics and methods of economic analysis;
LO2.	Explain how economic principles can influence business activities and decision making processes of individuals, businesses, governments and societies;
LO3.	Discuss the importance of market failure and the role for government;
LO4.	Use economic thinking to discuss topical issues faced by individuals, businesses and governments.

Assessments

The schedule of assessments and their contribution to the overall mark for the course is as follows:

Assessment	Weighting	Due date	Learning outcomes covered
Weekly Online Quizzes and Tutorial Exercises	20%	Weekly	LO1, LO2, LO3, LO4
Economic Briefing Paper	20%	18^th May	LO4
Mid-Term Test	20%	Week 6	LO1, LO2, LO3, LO4
Final Exam	40%	TBA	LO1, LO2, LO3, LO4 Mandatory Course Requirements There are no mandatory course requirements in this course. Sub-minimums In order to be awarded a pass grade in the course you must attain 40% or more in the final examination and 50% or more in the course overall. You will receive a grade of F (fail) for this course if you obtain a mark of 50% or more in the course overall, but obtain a mark of less than 40% in the final examination.

Assessment Details

Note: All electronically-submitted assessments will be either completed or uploaded via the Akoraka | Learn course page. As per the Assessment Policy, marked assessments, except for final exams, will normally be returned to you, with feedback, within three weeks of submission. You can view your internal assessment results via Grades on the Akoraka | Learn course page (also referred to as Gradebook and used on all Akoraka | Learn course pages).

Assignment

The Kaupapa Tuhika | Assignment is to be submitted by 5 pm on the 18^th of May via the Akoraka | Learn course page. Kaupapa Tuhika | Assignment is to be completed individually. The Kaupapa Tuhika | Assignment contributes to a maximum of 20 % of the final grade. Instructions will be made available on the Akoraka | Learn course page.

Mandatory Course Requirements

There are no mandatory course requirements in this course.

Sub-minimums

In order to be awarded a pass grade in the course you must attain 40% or more in the final examination and 50% or more in the course overall. You will receive a grade of F (fail) for this course if you obtain a mark of 50% or more in the course overall, but obtain a mark of less than 40% in the final examination.

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ECON113 Economies and Markets Coursework Semester 1, 2026 | Lincoln University

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