units
ECC5900
Faculty of Business and Economics
This unit entry is for students who completed this unit in 2014 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.
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.
Level | Postgraduate |
Faculty | Faculty of Business and Economics |
Organisational Unit | Department of Economics |
Offered | Clayton First semester 2014 (Day) Clayton Second semester 2014 (Day) |
Coordinator(s) | Professor Klaus Abbink (First semester); Associate Professor Elias Khalil (Second semester) |
The behaviour of the economy is the result of a host of decisions made each day by millions of people. Prices and markets play a crucial role in economic behaviour, creating a system in which actions of individuals, guided by self-interest and without any central co-ordination or planning, create wealth for society as a whole. How individual workers, households and firms make decisions, and how they interact with each other, is the subject of microeconomics.
The learning goals associated with this unit are to:
Within semester assessment: 30%
Examination: 70%
Professor Klaus Abbink (First semester)
Associate Professor Elias Khalil (Second semester)
Minimum total expected workload equals 144 hours per semester
3 hours per week
ECC2000, ETC2000, ECX9000