ECC4650

Microeconomics ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Associate Professor Christis Tombazos

Offered:
Clayton First semester 2006 (Day)

Synopsis: Topics include consumer preference theory; choice; demand; technology; profit maximisation and duality; competitive general equilibrium in the context of decreasing, increasing and constant returns; two-part tariffs; expected utility; adverse selection; and moral hazard.

Assessment: Assignments (three): 30% + Examination (3 hours): 70%

Contact Hours: Three contact hours per week