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» ECON111
ECON111: Microeconomic Principles |
This is an introductory level unit in microeconomics. The unit is concerned with explaining how economic agents respond to incentives, and how prices by transmitting information facilitate decision making. Topics covered include: consumer choice and demand analysis; the firm and its production and costs; market structures from perfect competition to monopoly; factor markets; income distribution, poverty and discrimination; welfare economics; and market failure and microeconomic reform.
| Credit Points: | 3 |
| Contact Hours: | 3 |
| When Offered: |
D2 - Day; Offered in the second half-year
E2 - Evening; Offered in the second half-year
Summer Session - Offered in January-February as part of Summer School program.
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| Staff Contact: |
Mr Allan McHarg |
| Prerequisites: |
(Admission to BCom/BEc/BAppFin or UAI equivalent to these degrees or GPA of 2.00 with at least 12cp) and (HSC Mathematics performance band 2 or extension 1 or extension 2, or corequisite of any unit in the range MATH123-MATH136)
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| Corequisites: |
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| NCCWs: | ECON101
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| Unit Designations: |
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| | Assessed As: |
Graded
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| Offered By: |
Department of Economics |
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