Leader: Dr Dyuti Banerjee and Dr Elias Khalil
Offered
Clayton First semester 2008 (Day)
Clayton Second semester 2008 (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
Within semester assessment: 30%
Examination (2 hours): 70%
Contact hours
Three contact hours per week
Prerequisites
ECC1000 or permission
