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Introductory Microeconomics
UoS Code ECON1001
Credit points 6
Offered Semester 1 and Summer
Prerequisites
Corequisites
Prohibitions
Assumed Knowledge Mathematics
Additional Information
Lectures 1 x 2hr lecture and 1 tutorial per week
Assessment In-class and/or online tests, mid semester exam, essay, final exam
Description Introductory Microeconomics addresses the economic decisions of individual firms and households and how these interact in markets. It is a compulsory core unit for the Bachelor of Economics and Bachelor of Commerce and an alternative core unit for the Bachelor of Economic and Social Science. Economic issues are pervasive in contemporary Australian society. Introductory Microeconomics introduces students to the language and analytical framework adopted in Economics for the examination of social phenomena and public policy issues. Whatever one\\\'s career intentions, coming to grips with economic ideas is essential for understanding society, business and government. Students are given a comprehensive introduction to these ideas and are prepared for the advanced study of microeconomics in subsequent years.