Useful links
Unit of study_
ECON5001: Microeconomic Theory
This unit presumes no prior exposure to economics and aims, by the end of the unit, to bring a proficiency equivalent to that of students with an intermediate level microeconomics unit in an Honours degree program. Many economic principles developed in this unit are routinely used in several other units in the program. Microeconomics studies how economic agents make choices in a variety of environments. The unit covers theory and applications of the principles of consumer choice, of firm behaviour, and of strategic interaction among economic agents. Equipped with these theories of decision making, students can address a range of interesting and important questions. Examples are: What market strategy should a firm adopt with its competitors? How might one create a market to deal with externalities such as pollution? What are the implications of different kinds of taxes? What compensation scheme will provide the right incentives to work?
| Code | ECON5001 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
?
|
None |
|---|---|
|
Corequisites:
?
|
None |
| Prohibitions:
?
|
ECON5040 |
At the completion of this unit, you should be able to:
- LO1. understand economic, political, legal, commercial and business issues and apply fundamental theories and concepts in diverse and unpredictable environments
- LO2. formulate and develop persuasive arguments relevant to major fields of study that can be applied to business problems
- LO3. think critically about underlying theories, concepts, assumptions and arguments in major fields of study
- LO4. apply principles, techniques and technologies to data/information relevant to practice in major fields of study
- LO5. analyse and solve economics problems.
Unit outlines
Unit outlines will be available 2 weeks before the first day of teaching for the relevant session.
- Semester 1, 2024 [Normal day] - Camperdown/Darlington, Sydney
- Semester 2, 2024 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2020 [Normal day] - Camperdown/Darlington, Sydney
- Intensive January, 2020 [Block mode] - Camperdown/Darlington, Sydney
- Semester 2, 2020 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2021 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2021 [Normal day] - Remote
- Intensive February, 2021 [Block mode] - Remote
- Semester 2, 2021 [Normal day] - Camperdown/Darlington, Sydney
- Semester 2, 2021 [Normal day] - Remote
- Semester 1, 2022 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2022 [Normal day] - Remote
- Intensive February, 2022 [Block mode] - Camperdown/Darlington, Sydney
- Intensive February, 2022 [Block mode] - Remote
- Semester 2, 2022 [Normal day] - Camperdown/Darlington, Sydney
- Semester 2, 2022 [Normal day] - Remote
- Key dates
Key dates through the academic year, including teaching periods, census, payment deadlines and exams.
- Student administration
Enrolment, course planning, fees, graduation, support services, student IT
- Expectations of student conduct
Code of Conduct for Students, Conditions of Enrollment, University Privacy Statement, Academic Integrity
- Academic appeals
Academic appeals process, special consideration, rules and guidelines, advice and support
- Learning and teaching policy
Policy register, policy search
- Financial support
Scholarships, interest free loans, bursaries, money management
- Study resources
Learning Centre, faculty and school programs, Library, online resources
- Health and support
Student Centre, counselling & psychological services, University Health Service, general health and wellbeing
