Year of entry: 2018
Course unit details:
|Unit level||Level 2|
|Teaching period(s)||Semester 1|
|Available as a free choice unit?||Yes|
See course Blackboard pages.
|Unit title||Unit code||Requirement type||Description|
Students must take at least one of the following combinations to take this course unit (compulsory Pre-Requisite):
- (ECON10041 AND ECON10042) or
- (ECON10081 AND ECON10082)
AND they must also take at least one of the following (compulsory Pre-Requisite):
- ECON10061 or
- ECON10001 or
Together with ECON20352, the aims of this course unit are:
- To introduce students to the fundamental concepts and techniques of intermediate microeconomic analysis.
- To prepare students for microeconomics courses in their final year.
At the end of this course unit, students should be able to demonstrate their understanding, at an intermediate level, of:
- The theory of consumer behaviour.
- The theory of the competitive firm.
- Marginal productivity and factor pricing.
- General equilibrium theory.
- The "equity versus efficiency" debate in welfare economics.
Teaching and learning methods
Lectures and tutorial classes.
- Analytical skills
- Problem solving
- Mid-Semester Test - 33%.
- Final Examination in January - 67%.
Students should prepare answers to all questions in each tutorial. Oral feedback will be given in tutorials and model answers will be posted on Blackboard.
“Microeconomics” by Wynn Morgan, Michael Katz and Harvey Rosen, 2009. 2nd Edition.
|Scheduled activity hours|
|Assessment written exam||1.5|
|Independent study hours|
Students who have taken only ECON10061 may find it useful to take ECON20281 concurrently.
BA (Econ) students should note that this course unit is a pre-requisite for specIalisation in Economic Studies as a single area of study in their third year. It is also a pre-requisite for students seeking to specialise in Economics combined with either Accounting, Finance or Business Studies. The course is not a pre-requisite for selecting Economic Studies as a joint area of study in other areas.