Mrs Judy Rich
6 points · Two 1.5-hour lectures/seminars per week · First semester · Clayton · Prerequisite: ECC4650 and ECC4660
Objectives On completion of this subject students should have a sound awareness of the intrinsic limitations of theoretical models; be able to apply the knowledge gained in theory subjects to concrete market phenomena; be able to incorporate institutional features in theoretical models; understand the principles and practical constraints on the making of economic policies.
Synopsis Subject areas include the economics of imperfect markets; non-clearing behaviour in credit and goods markets; oligopoly theory; labor market behaviour and institutions; international capital flows and foreign debt.
Assessment Assignments: 40% · Examination (3 hours): 60%
Back to the 1999 Business and Economics Handbook