This unit entry is for students who completed this unit in 2016 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.

ECC5651 - Advanced microeconomic theory

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Economics

Offered

Not offered in 2016

Synopsis

This unit will cover advanced topics in microeconomics and current research and policy issues. Topics may include an in-depth study of general equilibrium, mesoeconomics, new classical economics of specialisation, transaction costs, and inframarginal analysis, principal agent models and incentive regulation.

Outcomes

The learning goals associated with this unit are to:

possess technical proficiency to initiate and pursue PhD level research
be capable of developing an original research topic
be in a position to undertake research in microeconomics and related fields.

Assessment

Within-semester research paper: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Prerequisites

ECC5650

Prohibitions

ECC6650