Search : Index : Faculty of Economics and Commerce : Economics
Prev 316-101 Introductory Macroeconomics
Next 316-130 Quantitative Methods 1

 316-102 Introductory Microeconomics

Credit Points

12.5

HECS Band

2

Coordinator

Professor S King

Prerequisites

No prior knowledge of economics is assumed.

Semester

1, repeat 2 (view timetable)

Contact

Two 1-hour lectures and a 1-hour tutorial a week

Subject Description

This subject is an introduction to microeconomic theory and policy. Topics include the economy and economic decisions; production and exchange; markets, demand and supply; application of supply and demand; market structures; firm costs; perfect competition; monopoly; and government in the economy.

Assessment

A 2-hour end-of-semester examination and an optional 40-minute mid-semester examination totalling 80%, with the final mark given being the better of (a) the mid-semester examination weighted 20% and the end-of-semester examination weighted 60% or (b) the end-of-semester examination weighted 80%; assignments not exceeding 2000 words (10%); tutorial attendance and participation (10%).

Prescribed Texts
  • Gans, King and Mankiw, Principles of Microeconomics. Harcourt Brace.
Search : Index : Faculty of Economics and Commerce : Economics
Prev 316-101 Introductory Macroeconomics
Next 316-130 Quantitative Methods 1
 
Status:                   Official 2001
Last Modified:            Wednesday May 23 22:25
SGML to HTML Conversion:  Information Technology Services
Authorised by:            Academic Registrar
Email Enquiries:          Course_Information@registrar.unimelb.edu.au