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 316-202 Intermediate Microeconomics

Note

316-202 Intermediate Microeconomics and 316-201 Intermediate Macroeconomics together form the second-year component of a specialisation in Economics.

Credit Points

12.5

HECS Band

2

Coordinator

Associate Professor D MacLaren

Prerequisites

316-102 Introductory Microeconomics.

Semester

1, repeat Summer (view timetable)

Contact

Semster 1 - Two 1-hour lectures and a 1-hour tutorial a week; Summer Semester - One 2-hour lecture/workshop three days per week for six weeks

Subject Description

Intermediate-level microeconomics. Development of the microeconomic theory of the behaviour of economic agents. Understanding how the behaviour of economic agents and government influence the efficiency of the economy. The problems of market failure such as externalities and public goods.

Assessment

A 2-hour end-of-semester examination, an optional mid-semester multiple choice test and tutorial attendance and participation. The final mark will be calculated by weighting the end-of-semester exam at 70% the mid-semester test at 20% and the tutorial mark at 10% or by weighting the end-of-semester exam at 90% and the tutorial mark at 10%, whichever gives the higher mark.

Prescribed Texts
  • Varian H, Intermediate Microeconomics. 5th ed., Norton.
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