ECF4100

Applied microeconomics (6 points)

(BUS)

Leader: Dr He-Ling Shi

Offered:
Caulfield First semester 2003 (Evening)
Caulfield First semester 2004 (Evening)

Synopsis: Australia, especially Victoria, has been in the forefront of microeconomic reform. This subject focuses on that experience: structural shifts in demand and production costs; the nature of imperfect markets; how, when and why markets fail; the roles of government in a deregulated environment; the role of competitive strategies and game theory; the experience of special markets, for example energy. Professionals in domestic and international organisations will find this subject an aid to the formulation of strategies.

Assessment: Written (4000-word research report): 40% + Tutorial presentation: 10% + Examination (3 hours): 50%

Contact Hours: Lectures and seminar: 3 hours per week