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ECC5650 - Microeconomic theory

6 points, SCA Band 2, 0.125 EFTSL

Postgraduate Faculty of Business and Economics

Leader: Professor Yew-Kwang Ng


Clayton First semester 2007 (Day)


Neoclassical theories of demand, supply, and equilibrium at a level that permits rigorous analysis. Introduction to game theory. Topics include the existence theorem of utility functions, properties of demand and supply functions, existence and Pareto optimality of competitive equilibrium, and various equilibrium concepts of non-cooperative games.


The learning goals associated with this unit are to:


Written: 20%
Oral presentation: 20%
Examination (3 hours): 60%

Contact hours

3 hours per week


ECC4650 or equivalent