Monash University Handbook 2010 Undergraduate - Unit

Synopsis

Issues include the microeconomics of firm, the microeconomics of the welfare state, and the microeconomics of transitional economies such as China. Microeconomic difficulties in the public sector.

Objectives

The learning goals associated with this unit are to:

• be familiar with the way in which economists apply economic theory and institutional knowledge of relevant parts of the economy to analyse government microeconomic policy options, and to make recommendations on policy actions
• understand and critically evaluate current policy debate on issues of microeconomic policy
• evaluate the contributions and limitations of economic analysis for helping to understand and to evaluate microeconomic policy options.

Assessment

Within semester assessment: 30%
Examination (2 hours): 70%

Contact hours

3 hours per week

Prerequisites

ECC1000 or equivalent