Faculty of Business and Economics

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Monash University

Monash University Handbook 2011 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedClayton Second semester 2011 (Day)
Coordinator(s)Associate Professor Vai-Lam Mui


Issues include the microeconomics of firm, the microeconomics of the welfare state, and the microeconomics of transitional economies such as China. Microeconomic difficulties in the public sector.


The learning goals associated with this unit are to:

  1. be familiar with the way in which economists apply economic theory to analyse how institutions and government microeconomic policies affect economic performance, as well as how such analysis informs their policy recommendations
  2. understand and critically evaluate current policy debates on issues of microeconomic policy and institutions
  3. evaluate the contributions and limitations of economic analysis for helping to understand and evaluate microeconomic policy options.


Within semester assessment: 30%
Examination (2 hours): 70%

Chief examiner(s)

Vai-Lam Mui

Contact hours

3 hours per week


ECC1000 or equivalent