ECC2000

Intermediate microeconomics ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Dr Elias Khalil

Offered:
Clayton First semester 2006 (Day)
Clayton Second semester 2006 (Day)

Synopsis: Theory of consumer choice, including applications to income-leisure choice and intertemporal consumption; isoquant theory of production; allocative efficiency and competition and monopoly; models of monopolistic competition and oligopoly; input pricing; microeconomic policies to address problems of market failure.

Assessment: Written assignment and/or mid-semester test: 30% + Examination (2 hours): 70%

Contact Hours: Three contact hours per week

Prerequisites: ECC1000 or permission