Intermediate Microeconomics

Subject 316-202 (2008)

Note: This is an archived Handbook entry from 2008.Search for this in the current handbook

Credit Points: 12.500
Level: Undergraduate
Dates & Locations:

This subject has the following teaching availabilities in 2008:

Summer Term, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable

Semester 1, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: Semester 1: Two 1-hour lectures and a 1-hour tutorial per week; Summer Semester: Two 2-hour lectures and two 1-hour tutorials per week for six weeks
Total Time Commitment: Not available
Prerequisites: 316-102 Introductory Microeconomics.
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Coordinator

Mr T Barry, Professor J Freebairn
Subject Overview:

This subject examines the development of the microeconomic theory of the behaviour of economic agents and how the behaviour of economic agents and government influence the efficiency of the economy. Topics include perfect competition, general equilibrium, market power, intertemporal decision making, decision making under uncertainty and imperfect information.

Assessment: A 2-hour end-of-semester examination (60% or 70%), an optional mid-semester multiple choice test (0% or 10%), an in-course assignment of up to 2000 words (20%), and tutorial attendance and participation (10%). The final mark will be calculated by weighting the end-of-semester exam at 60% and the mid-semester test at 10% OR by weighting the end-of-semester exam at 70% and the mid-semester test at 0%, whichever gives the higher mark.
Prescribed Texts: None
Recommended Texts:

Information Not Available
Breadth Options: This subject is a level 2 or level 3 subject and is not available to new generation degree students as a breadth option in 2008.
This subject or an equivalent will be available as breadth in the future.
Breadth subjects are currently being developed and these existing subject details can be used as guide to the type of options that might be available.
2009 subjects to be offered as breadth will be finalised before re-enrolment for 2009 starts in early October.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

  • High level of development: oral communication; written communication; collaborative learning; problem solving; team work; application of theory to practice; interpretation and analysis; critical thinking.

  • Moderate level of development: synthesis of data and other information; evaluation of data and other information; receptiveness to alternative ideas.

  • Some level of development: statistical reasoning.
Related Course(s): Bachelor of Arts
Graduate Diploma in Economics

Download PDF version.