ECON4402 Microeconomic Theory
- 6 points
|Semester 1||UWA (Perth)||Face to face|
- Details for undergraduate courses
- Honours option in Economics [Bachelor of Commerce (Honours)]
- The aim of this unit is to give students a comprehensive and formal understanding of microeconomic theory. Topics include consumer choice, theory of the firm, market failures, welfare analysis and game theory.
- Students are able to (1) use consumer choice theory and demand analysis in market measurement and analysis; (2) use consumer production theory and cost analysis in market measurement and analysis; (3) explain the concept of market equilibrium and its efficiency implications; and (4) understand the strategic behaviour of economic agents and the implications for market outcomes.
- Indicative assessments in this unit are as follows: (1) homework assignments; (2) research project presentation; and (3) examination. Further information is available in the unit outline.
Supplementary assessment is not available in this unit.
- Unit Coordinator(s)
- Dr Luciana Fiorini
- Unit rules
- Enrolment in the Bachelor of Commerce (Honours) (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005).
ECON3302 Applied Microeconomics or ECON3272 Intermediate Mathematics for Economists; for pre-2012 courses: ECON3364 Microeconomic Theory or ECON7491 Microeconomic Theory and Applications
- Contact hours
- lectures/tutorials/seminars/workshops: up to 3 hours per week
- Unit Outline
- Semester 1-2020 [SEM-1-2020]
- 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.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available via the Booktopia Textbook Finder, which has the functionality to search by course code, course, ISBN and title, and may also be posted or available at the appropriate school's administrative offices. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.