ECON7004 (v.1) Contemporary Microeconomics
| Area: | School of Economics, Finance and Property |
|---|---|
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| TUITION PATTERNS: | The tuition pattern provides details of the types of classes and their duration. This is to be used as a guide only. Precise information is included in the unit outline. |
| Seminar: | 1 x 3 Hours Weekly |
| Prerequisite(s): |
Admission into
DR-BUSADM (v.2)
Doctor of Business Administration
or any previous version
|
| UNIT REFERENCES, TEXTS, OUTCOMES AND ASSESSMENT DETAILS: | The most up-to-date information about unit references, texts and outcomes, will be provided in the unit outline. |
| Syllabus: | This unit offers a critical examination of the core areas of modern microeconomic theory with a focus on evaluation of complex problems, policy consideration factors, consumer and producer theories, welfare analysis and their applications to public policy analysis. It covers the following essential concepts: consumer theory, preferences, utility functions, indirect utility and expenditure functions, properties of consumers' choice demand, consumers' surplus, duality in consumption, technology and production, cost functions, duality in production, theory of the firm and market structures, general equilibrium, welfare economics, game theory, public goods, externalities and imperfect information market failures. |
| Field of Education: | 091901 Economics |
| Result Type: | Grade/Mark |
Availability
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