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ECC4650 - Microeconomics

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate, Postgraduate Faculty of Business and Economics

Leader(s): Associate Professor Christis Tombazos

Offered

Clayton First semester 2009 (Day)
Australia (Other) First semester 2009 (Off-campus block of classes)

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

3 hours per week

Prohibitions

ECX5465

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