ETC2000 - Intermediate microeconomics
6 points, SCA Band 3, 0.125 EFTSL
Undergraduate Faculty of Business and Economics
Offered
Clayton First semester 2009 (Day)
Clayton Second semester 2009 (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
3 hours per week
Prerequisites
ECC1000 or permission
Prohibitions
13 October 2017
03 July 2024