Microeconomics
Lecturer to be advised
7 points
* Two 1.5-hour lectures per week
* First semester
*
Clayton
Objectives On completion of this subject students should upgrade their analytical skill for intermediate microeconomics; have an appreciation of, and an introductory understanding of, the key ideas of advanced microeconomic theory, such as game theory and inframarginal analysis; have gained first hand experience in the application of microeconomic principles to the analysis of a range of economic issues; and have the microeconomic techniques to undertake successfully other fourth year subjects and some fifth year subjects taught by the Department.
Synopsis Topics include theory of the firm; consumer theory; competitive market behaviour; general equilibrium; game theory; and inframarginal analysis based on corner solutions.
Assessment Assignments (three): 30%
* Examination (3 hours): 70%
Recommended texts
Varian H Intermediate microeconomics 1993
Gibbons R A primer in game theory 1992
Yang X and Ng Y-K Specialization and economic organization 1992
| Published by Monash University, Clayton, Victoria
3168 Copyright © Monash University 1996 - All Rights Reserved - Caution Authorised by the Academic Registrar December 1996 |