ECC4650 - Microeconomics

Leader: Associate Professor Christis Tombazos

Offered

Clayton First semester 2008 (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

Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

Three contact hours per week

Prohibitions

ECX5465