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316-313 Microeconomics | |
Note | Students proceeding to an honours degree in economics are required to take this subject in the third year of their course and the subject has been designed accordingly. There are, however, no restrictions on entry to the subject which all third year economics students are welcome to take. |
Credit Points | 12.5 |
HECS Band | 2 |
Coordinator | To be advised. |
Prerequisites | 316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics. |
Semester | 1 (view timetable) |
Contact | Two hours of lectures and one hour of tutorials each week |
Subject Description | The objectives of the subject are to provide a review of material covered in the first and second years; to introduce new techniques of microeconomic analysis; and to study applications of microeconomic theory to a range of situations involving behaviour of consumers and firms, and market interaction. Topics include an introduction to constrained optimisation, consumer theory, producer theory, perfect competition and monopoly, game theory and oligopoly, economics of information, behaviour under uncertainty and general equilibrium analysis. |
Assessment | A 2-hour examination (80%) and class assignments totalling approximately 2000 words (20%). |
Search : Index : Faculty of Economics and Commerce : Economics
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