1234 (v.4) Economics 100

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Area:	School of Economics and Finance
Credits:	25.0
Contact Hours:	3.0
Lecture:	1 x 2 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Equivalent(s):	11002 (v.2) Economics (Micro) 100 or any previous version
Syllabus:	Key principles of economics, the gains from trade, theory of demand and supply, elasticity and its application, government policies such as price controls and taxes, consumer and producer surplus, externalities, public goods and common resources, costs of production, firms in competitive markets, monopoly, oligopoly.
Unit Outcomes:	On successful completion of this unit students will have - An understanding of the economic problem that confronts all societies. An understanding of how markets work. An understanding of how prices are determined in different market structures. Skills in applying economic theory to analyse real world events.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	No prescribed references.
Unit Texts:	Gans J., King s., and Mankiw G., (2003), Principles of Microeconomics, Southbank,Thompson Nelson. Harris R. and Kemp S., (2003), Study Guide - Principles of Microeconomics, Southbank, Thompson Nelson.
Unit Assessment Breakdown:	Assignment 15%, Final examination 50%, Test 20%, Tutorial 15%. This is by grade mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 1 Y   Y 2004 Bentley Campus Semester 2 Y     2004 Bentley Campus Summer Period Y     2004 Esperance Community College Semester 1 Y     2004 Joondalup Campus Semester 2 Y     2004 Kalgoorlie Campus Semester 1 Y     2004 Metro College Malaysia Semester 2 Y     2004 Metro College Malaysia Summer Period Y     2004 Miri Sarawak Campus Semester 1 Y     2004 Miri Sarawak Campus Semester 2 Y     2004 Miri Sarawak Campus Summer Period Y     2004 Mktg Inst of S'pore Trimester 1A Y