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Unit of study_
ECOS2901: Intermediate Microeconomics Honours
2024 unit information
ECOS2901 Intermediate Microeconomics Honours is the first unit of study in the microeconomics sequence in the Advanced Economics Program. ECOS2901 develops theoretical skills in economics that are foundational to all economic modelling. It covers applications and extensions of the theory of consumer choice, firm behaviour, market structure and complete information game theory. These topics are taught with greater detail than in ECOS2001, with more extensions and applications, and require deeper analytical, critical and technical understanding.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECOS2901 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
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Minimum of 70% in (ECON1001 or BUSS1040 or ECON1040) and minimum of 70% in ECON1002 |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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ECOS2001 or ECON2001 or ECON2901 |
| Assumed knowledge:
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ECOS2903 or MATH2070 or MATH2970 |
At the completion of this unit, you should be able to:
- LO1. have a sound understanding of the structure of major microeconomic models of the decision problems facing individual consumers and firms, and the formal techniques commonly applied to solve them
- LO2. have both a formal and intuitive understanding of the results generated by these models, how they relate to underlying assumptions, and how they may change as a result of varying those assumptions
- LO3. understand the limitations of various models, and be able to critically evaluate competing explanations of economic behaviour
- LO4. possess a solid foundation for the application of microeconomic theory to problems in the real world, and in subsequent studies in specialist and applied fields of economics.
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.
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.
Important enrolment information
Additional advice
Students are strongly advised to undertake one of ECON1903 or ECOS2903 or MATH2070 or MATH2970 either concurrently with or prior to ECOS2901.
