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ECW1101 - Introductory microeconomics6 points, SCA Band 3, 0.125 EFTSLUndergraduate Faculty of Business and EconomicsLeader: Berwick: Associate Professor Lionel Frost; Gippsland: Ms Judith Tennant; Peninsula: Mr Peter Schuwalow; Malaysia: Mr Wong Koi NyenOffered
Berwick First semester 2008 (Day) SynopsisAn introduction to the study of economics; consumer behaviour; demand and supply and the operation of markets; market efficiency and welfare; welfare effects of international trade; public sector economics; the behaviour of firms and the organisation of an industry; market structures - perfect competition and monopoly; economies of the labour market. Assessment
Within semester assessment: 30% Contact hours3 hours per week |