316-102 Introductory Microeconomics

Subject information

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
Coordinator	Prof J Borland, TBA
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 government in the economy, theory of the firm (production and costs), game theory, and effects of market structure on resource allocation.
Generic Skills	High level of development: written communication; problem solving; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information. Moderate level of development: oral communication; collaborative learning; team work; evaluation of data and other information; receptiveness to alternative ideas. Some level of development: statistical reasoning; use of computer software; accessing data and other information from a range of sources.
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
Prev 316-101 Introductory Macroeconomics
Next 316-130 Quantitative Methods 1

Status:                   Official 2007
Last Modified:            Tuesday October 31 22:20
SGML to HTML Conversion:  Information Division - CWIS (SDI)
Authorised by:            Academic Registrar
Enquiries:                http://unimelb.custhelp.com/