Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

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Unit Overview


This is an intermediate unit in microeconomic theory and policy applications. It provides an economic explanation of how consumers and producers behave and how their activities are coordinated using markets and prices. Topics include consumer behaviour; firm behaviour; choice under uncertainty; market behaviour and externalities.

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Details for undergraduate courses
  • Level 2 core unit in the Business Economics; Economics; Philosophy, Politics and Economics; Financial Economics major sequences
  • Level 2 elective

Students are able to (1) identify the fundamental economic forces driving seemingly complex behaviour of micro-entities.; (2) apply the supply-and-demand model to analyze the likely outcomes of changes in public policies.; (3) effectively communicate economic issues.; and (4) understand and apply concepts of game theory when analyzing strategic interaction between entities..


Indicative assessments in this unit are as follows: (1) LMS weekly assignment; (2) LMS reading assignment; and (3) examination. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Tushar Bharati
Unit rules
ECON1101 Microeconomics: Prices and Markets
or ECOX1101 Microeconomics: Prices and Markets
Advisable prior study
ECON1111 Quantitative Methods for Business and Economics (ID 215)
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
ECON1111 Quantitative Methods for Business and Economics or equivalent is an advisable prior study for students who do not have prior training in quantitative methods.
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.