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Unit of study_

ECON5001: Microeconomic Theory

2025 unit information

This unit presumes no prior exposure to economics and aims to bring a proficiency equivalent to that of students with an intermediate-level microeconomics unit in an Honours degree program. Microeconomics studies how individual consumers and firms make choices and how they interact in a variety of market environments. This unit presents a foundational model of microeconomics that serves as the basis for more advanced topics, such as game theory, mechanism design, and behavioural economics.

Unit details and rules

Managing faculty or University school:

Arts and Social Sciences

Study level Postgraduate
Academic unit Economics
Credit points 6
Prerequisites:
? 
None
Corequisites:
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None
Prohibitions:
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ECON5040
Assumed knowledge:
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None

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 availability

This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.

The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.

Session MoA ?  Location Outline ? 
Semester 1 2024
Normal day Camperdown/Darlington, Sydney
Intensive February 2024
Block mode Camperdown/Darlington, Sydney
Semester 2 2024
Normal day Camperdown/Darlington, Sydney
Session MoA ?  Location Outline ? 
Semester 1 2025
Normal day Camperdown/Darlington, Sydney
Outline unavailable
Semester 2 2025
Normal day Camperdown/Darlington, Sydney
Outline unavailable
Session MoA ?  Location Outline ? 
Semester 1 2020
Normal day Camperdown/Darlington, Sydney
Intensive January 2020
Block mode Camperdown/Darlington, Sydney
Outline unavailable
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
Outline unavailable
Semester 2 2021
Normal day Remote
Outline unavailable
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
Semester 1 2023
Normal day Camperdown/Darlington, Sydney
Semester 1 2023
Normal day Remote
Semester 2 2023
Normal day Camperdown/Darlington, Sydney

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Modes of attendance (MoA)

This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.