Units of Study

ECOS2001 - Intermediate Microeconomics

Semester 1, 2011  |  Credit Points: 6

Coordinator: Oleksii Birulin

Description

The aim of Intermediate Microeconomics is the development of theoretical and applied skills in economics. It covers applications and extensions of the theory of consumer choice, firm behaviour and market structure. Emphasis is given to the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; markets for factors of production; general equilibrium and economic efficiency; market failure and the role of government. This unit provides a basis for the more specialised options that comprise third year economics.

Assessments

Tutorials (10%), 2x in-class tests (40%), Final Exam (50%)

Classes

1 x 2hr lecture and 1x 1hr tutorial per week

Prerequisites

ECON1001

Corequisites

ECMT1010

Prohibitions

ECON2001, ECOS2901, ECON2901

Additional Information

Certain combinations of Maths/Stats may substitute for Econometrics. Consult the Chair of the Discipline of Economics.

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