Search : Index : Faculty of Economics and Commerce : Economics
Prev 316-467 Microeconomic Analysis and Policy
Next 316-469 Financial Economics
316-468 General Equilibrium & Welfare Economics | |
Credit Points | 12.5 |
HECS Band | 2 |
Coordinator | Professor J Creedy |
Prerequisites | 316-313 Microeconomics. |
Semester | 1 (view timetable) |
Contact | Three hours of lectures and seminars a week |
Subject Description | Exchange with price-taking behaviour (utility and non-utility approaches), exchange without price-taking, the role of numbers in competition, Nash bargaining solutions, social welfare functions, expenditure functions and compensating variations, production of a general equilibrium model, the effects of income and commodity taxes in general equilibrium, labour supply with taxes and transfers, general equilibrium with variable labour supply. |
Assessment | A 3-hour examination (80%) and class assignments totalling approximately 2000 words (20%). |
Search : Index : Faculty of Economics and Commerce : Economics
Prev 316-467 Microeconomic Analysis and Policy
Next 316-469 Financial Economics
Status: Official 2000 Last Modified: Thursday November 25 15:10 SGML to HTML Conversion: Information Technology Services Authorised by: Academic Registrar Email Enquiries: Course_Information@registrar.unimelb.edu.au