ECC2000 - Intermediate microeconomics

Leader: Dr Matthew Dobra and Dr Elias Khalil

Offered

Clayton First semester 2007 (Day)
Clayton Second semester 2007 (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