Go Back to 316-102 (Economics, Faculty of Eco & Comm, v3, p195)
NOTE: These differences were detected by computer program - they may or may not be substantive.
Different ASSESSMENT
Source=[A 2-hour end-of-semester examination (80 per cent) and two written assignments of up to 2,000 words in total (20 per cent). One assignment may take the form of a class test.]
Xref = [A 2-hour examination (80 per cent) at the end of the semester and two written assignments (20 per cent) not exceeding 2,000 words in total. One assignment may take the form of a class test.]
Different CONTACT
Source=[Two 1-hour lectures and a 1-hour tutorial a week.]
Xref = [Two one-hour lectures and one one-hour tutorial a week throughout first semester.]
Different CONTENT
Source=[An introduction to microeconomic theory and policy. The economic behaviour of individual consumers and producers. Price determination and allocation of resources between various uses. Basic demand and supply analysis, consumer behaviour, the characteristics of firms, costs of production and the output and price decisions of firms operating under different market conditions. Current government microeconomic policies.]
Xref = [This unit provides an introduction to microeconomic theory and policy. Microeconomic theory deals with the economic behaviour of individual consumers and producers. The analysis is concerned with price determination and allocation of resources between various uses. It deals with basic demand and supply analysis, consumer behaviour, the characteristics of firms, costs of production and the output and price decisions of firms operating under different market conditions. It also deals with current government microeconomic policies.]
Different COORDINATOR
Source=[Mr A Kan.]
Xref = [Department of Economics.]
Different OBJECTIVES
Source=[On completion of this subject students should be able to:
<ul>
<li>understand elementary theories of the behaviour of firms, productive efficiency and the cost of production in both the short and the long run;
<li>be able to recognise the characteristics of various market structures, such as competition, monopoly and oligopoly, and understand the meaning and significance of market concentration;
<li>be able to explain the determinants of price and output under different market structures, and make predictions of price and output produced by firms operating under different market structures;
<li>appreciate the welfare implications of price and output outcomes under different market structures in both the short and the long run, ie. the resource allocation outcome under these market structures;
<li>have a knowledge of the Australian Trade Practices legislation as it relates to market behaviour of firms, and also of some other institutions which can affect resource allocation in the economy.
</ul>]
Xref = [On completion of this subject students should:
<ul>
<li>understand elementary theories of the behaviour of firms, productive efficiency and the cost of production in both the short and the long run;
<li>recognise the characteristics of various market structures, such as competition, monopoly and oligopoly, and understand the meaning and significance of market concentration;
<li>explain the determinants of price and output under different market structures, and make predictions of price and output produced by firms operating under different market structures;
<li>appreciate the welfare implications of price and output outcomes under different market structures in both the short and the long run, ie. the resource allocation outcome under these market structures;
<li>have a knowledge of the Australian Trade Practices legislation as it relates to market behaviour of firms, and also of some other institutions which can affect resource allocation in the economy.
</ul>]
Mon Oct 9 16:30:34 1995
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