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Unit of study_
ECOS2001: Intermediate Microeconomics
2025 unit information
The aim of this unit is the development of theoretical and applied skills in economics. It looks at a variety of decisions made by consumers and producers as they interact in the markets for goods and services, and at the different market structures in which consumers and producers operate. A wide range of topics deepens the understanding of the microeconomics of consumer and producer interaction, including the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; general equilibrium and economic efficiency; market failure and the role of government.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
?
|
ECON1001 or BUSS1040 or ECON1040 |
|---|---|
|
Corequisites:
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None |
| Prohibitions:
?
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ECON2001 or ECON2901 or ECOS2901 |
| Assumed knowledge:
?
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate familiarity with the main microeconomic models describing consumer choice and firm behaviour
- LO2. identify the likely outcome arising from the interaction of firms and consumers
- LO3. demonstrate understanding of microeconomic concepts and apply analytical models to describe real-world economic situations
- LO4. demonstrate understanding of the limitations of various models, distinguish between competing explanations of market behaviour, and critically evaluate competing theories
- LO5. communicate effectively the results of economic analysis and participate in public policy discussions arising in business and government environments.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 1 2025
|
Normal day | Camperdown / Darlington, Sydney | |
|
Semester 2 2025
|
Normal day | Camperdown / Darlington, Sydney |
Outline unavailable
|
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
