Unit of Study


Intermediate Microeconomics
UoS CodeECOS2001
Credit points6
OfferedSemester 1, Semester 2, Summer
PrerequisitesECON1001
CorequisitesECMT1010
ProhibitionsECON2001,  ECOS2901,  ECON2901
Lectures1 x 2hr lecture and 1 tutorial hour per week
AssessmentTutorials,  2 in-class tests,  Final Exam
DescriptionThe aim of Intermediate Microeconomics is the development of theoretical and applied skills in economics. It covers applications and extensions of the theory of consumer choice, firm behaviour and market structure. Emphasis is given to the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; markets for factors of production; general equilibrium and economic efficiency; market failure and the role of government. This unit provides a basis for the more specialised options that comprise third year economics.
Additional InformationCertain combinations of Maths/Stats may substitute for Econometrics - consult the Chair of the Discipline of Economics.
This unit of study is available as part of the following major subject areas

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