units

ECC4650

Faculty of Business and Economics

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Monash University Handbook 2010 Undergraduate, Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelUndergraduate, Postgraduate
FacultyFaculty of Business and Economics
OfferedClayton First semester 2010 (Day)
Australia (Other) First semester 2010 (Off-campus block of classes)
Coordinator(s)Associate Professor Christis Tombazos

Synopsis

Topics include consumer preference theory; choice; demand; technology; profit maximisation and duality; competitive general equilibrium in the context of decreasing, increasing and constant returns; two-part tariffs; expected utility; adverse selection; and moral hazard.

Objectives

The learning goals associated with this unit are to:

  • upgrade their analytical skill for intermediate microeconomics
  • appreciate and have a basic understanding of the key ideas of advanced microeconomic theory
  • gain first hand experience in the application of microeconomic principles to the analysis of a range of economic issues
  • gain the microeconomic techniques to undertake successfully other fourth year units and some fifth year units taught by the Department.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Christis Tombazos

Contact hours

3 hours per week

Prohibitions

ECX5465