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ECX5410 - Applied microeconomics

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate Faculty of Business and Economics

Leader: Dr Wenli Cheng

Offered

Caulfield First semester 2008 (Evening)

Synopsis

Australia, especially Victoria, has been in the forefront of microeconomic reform. This subject focuses on that experience: structural shifts in demand and production costs; the nature of imperfect markets; how, when and why markets fail; the roles of government in a deregulated environment; the role of competitive strategies and game theory; the experience of special markets, for example energy. Professionals in domestic and international organisations will find this subject an aid to the formulation of strategies.

Assessment

Within semester assessment: 50%
Examination (3 hours): 50%

Contact hours

3 hours per week

Prohibitions

ECF4100

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