13506 (v.3) Economics (Markets) 503


 

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
Syllabus:Utility and preference, consumer choice, applications and extensions of consumer choice theory, production and cost, the firm and the industry, market structures, game theory, factor markets and distribution of income, market failure, asymmetric information, externalities and public goods.
 
Unit Outcomes: On completion of this unit students will have gained an understanding of the microeconomic foundations and workings of a modern market economy and have the ability to apply microeconomic theory to problems related to managerial and public-policy decisionmaking.
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: Pindyck R.S., (2001), Microeconomics, 5th ed., Prentice Hall International.
 
Unit Assessment Breakdown: Assignment 20%, Examination 50%, Presentation 10%, Test 20%. This is by grade/mark assessment.
YearLocationPeriodInternalArea ExternalCentral External
2004Bentley CampusSemester 1Y Y
2004Bentley CampusSemester 2Y  
2004Bentley CampusSummer PeriodY  

 

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