316-102 Introductory Microeconomics

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316-102 Introductory Microeconomics
Credit Points	12.5
Coordinator	Professor J Borland, Assoc.Prof 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.

Search : Index : Faculty of Economics and Commerce : Economics
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