Department of Economics & International Development, Unit Catalogue 2006/07

EC20010 Intermediate microeconomics

Credits: 6

Level: Intermediate

Semester: 1

Assessment: EX100

Requisites:

Before taking this unit you must take EC10006 and take EC10130

Aims: This course unit covers the core concepts and method of microeconomic analysis, using some mathematics in modelling and explication.
The aim of this unit is to enable students to deepen their analytical ability in microeconomics so that they can use theory to generate predictions and explanation with respect to economic phenonema.
Learning Outcomes:
The learning objectives are that students have succeeded in building upon their knowledge from Introductory Microeconomics. On completion of this course students should be able to apply analytical methods to solve economic problems such as utility and profit maximisation when there are constraints on choice.
Skills:

* Ability to frame problems in a formal manner.
* Ability to parameterise relevant aspects of economic problems.
* Ability to interpret results.
* Ability to put forward policy prescriptions on the basis of analysis.
Content:
The theory of consumer behaviour; theory of factor markets; firm behaviour under competitive conditions.

University | Catalogues for 2006/07