ETC2000 - Intermediate microeconomics
6 points, SCA Band 3, 0.125 EFTSL
Undergraduate Faculty of Business and Economics
Theory of consumer choice, including applications to income-leisure choice and intertemporal consumption; isoquant theory of production; allocative efficiency and competition and monopoly; models of monopolistic competition and oligopoly; input pricing; microeconomic policies to address problems of market failure.
Within semester assessment: 30%
Examination (2 hours): 70%
3 hours per week
ECC1000 or permission