316-102 Introductory Microeconomics | |
|---|---|
Credit Points | 12.5 |
HECS Band | 2 |
Coordinator | Professor J Borland, Dr G Magee |
Prerequisites | No prior knowledge of economics is assumed. |
Semester | 1, repeat 2 (view timetable) |
Contact | Two 1-hour lectures and a 1-hour tutorial per week |
Subject Description | This subject is an introduction to microeconomic theory and policy. Topics include the theory of perfectly competitive markets, welfare analysis and the role of gevernment in the economy, consumer theory, theory of the firm (production and costs), game theory, and effects of market structure on resource allocation. |
Assessment | A 2-hour end-of-semester examination (60%), a multiple choice test (5%), two assignments not exceeding 2500 words (25%) and tutorial attendance and participation (10%). |
Prescribed Texts | To be advised. |
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