CARDIFF UNIVERSITY 
BS2550: Microeconomic Theory 
Final Examination Guide and Notes 2025 
 
Part 01: About This Guide 
Part 02: Sample Final Examination Paper 
Part 03: Suggested Solutions to Final Exam Paper 
Part 04: Final Examination - Hints and Tips 
 
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(BS2550) Microeconomic Theory - Cardiff University

£35.00

ACADEMIC YEAR 2024 - 2025

University	Cardiff University
School	Cardiff Business School
Module Code	BS2550
Number of Credits	20
Module Name	Microeconomic Theory
Notes Title	Final Examination Guide and Notes
Page Length	30

This guide provides a clear understanding of how the BS2550: Microeconomic Theory final examination at Cardiff University in 2025 will be assessed, structured, and the likely style and range of questions you can expect. The self-study set has been comprehensively revised to include all topics covered in the latest version of the exam syllabus. You don’t need to be an expert in the module; a basic understanding and the ability to quickly recall the information you learn will suffice. These notes can serve as a valuable reference, helping you deepen your understanding of the module and improve your performance in the final examination.

This module, Microeconomic Theory (BS2550) is designed for second-year undergraduate students pursuing single or joint honours degrees in Economics. It builds on the foundational concepts covered in the first-year Microeconomics module and serves as a crucial step towards advanced study in later years. For Economics students, it provides the theoretical groundwork for the third-year Microeconomic Analysis module, while for students in Business Economics and Banking & Finance, it establishes the core principles needed for their specialised modules. The syllabus covers two main areas: Household/Consumer Choice, focusing on consumer theory, indifference curve analysis, and extensions like the income/leisure trade-off and borrowing/lending decisions; and Firms, Markets, and Efficiency, examining production and cost theory, competitive markets, general equilibrium, market power, and market failures.

MODULE CODE	MODULE NAME
BS1501	Applied Stats and Maths in Econ and Business
BS1503	Introduction to Accounting
BS1512	Foundations of Business Accounting
BS1547	Introduction to Economics
BS1551	Microeconomics
BS1611	Fundamentals of Financial Reporting
BS1612	Fundamentals of Finance
BS1630	Principles of Marketing and Strategy
BS1652	Macroeconomics
BS2507	Management Accounting
BS2508	Corporate Financial Management
BS2514	Financial Markets and Institutions
BS2516	Corporate Reporting
BS2549	Macroeconomic Theory
BS2550	Microeconomic Theory
BS2551	Money Banking and Finance
BS2570	Introductory Econometrics
BS3515	Financial Derivatives
BS3551	Econometrics
BS3615	Security Analysis and Portfolio Management

(BS2550) Microeconomic Theory - Cardiff University

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