units

ECX9120

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

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, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedGippsland First semester 2012 (Off-campus)
Coordinator(s)Mrs Judith Tennant

Synopsis

The theory of consumer choice and its relationship to demand, production, costs and supply. Pricing and output decisions of firms in various market structures, including perfect competition, monopoly, monopolistic competition and oligopoly. Efficiency, from the regional perspective, of resource allocation and the problems of externalities, public goods and imperfect information. Contemporary microeconomic policy issues from the regional perspective.

Outcomes

The learning goals associated with this unit are to:

  1. gain a rigorous, theoretical and practical grounding in microeconomic principles
  2. consider and understand issues of efficiency in the use of productive resources using this model
  3. critically assess the economic environment to which they will contribute as graduates that will provide the essential basis for more advanced studies in economics
  4. develop skills in the application of economics principles to business and social policy decisions
  5. demonstrate individual summative assessment tasks in the topics covered in this unit.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Chief examiner(s)

Ms Judith Tennant