Units of Study

ECOS2001 - Intermediate Microeconomics

Semester 2, 2012  |  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%) and 2hr final exam (50%)

Classes

1x2-hr lecture/week, 1x1-hr tutorial/week

Prerequisites

ECON1001 or BUSS1040

Corequisites

ECMT1010 or BUSS1020

Prohibitions

ECON2001, ECOS2901, ECON2901

Additional Information

Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.

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