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)
completion of 144 points in the Bachelor of Philosophy (Honours) (BH005).
ECON3302 Applied Microeconomics
ECON3272 Intermediate Mathematics for Economists; for pre-2012 courses: ECON3364 Microeconomic Theory
ECON7491 Microeconomic Theory and Applications
- Contact hours
- lectures/tutorials/seminars/workshops: up to 3 hours per week
- Unit Outline
- Semester 1_2019 [SEM-1_2019]
- 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 at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.