
1996 Undergraduate Handbook Subject Description - ECO200
ECO200 MICROECONOMIC ANALYSIS (8)
Prerequisite :
ECO110 & ECO100
Enrolment restriction :
Nil
Corequisite :
Nil
The primary aim of the unit will be to develop a selected set
of microeconomic topics related to consumers, producers, markets
both perfect and imperfect, factor markets, types of market failure
an forms of government regulation as well as introducting topics
on dynamic analysis, welfare economics and selected aspects of
policy analysis - at an intermediate level. The unit provides
the student with insight into the nature of rational economic
decision making by economic agents while retaining a managerial
perspective on decision making through the use of a range of microeconomic
intermediate models and tools of analysis. Emphasis will be on
blending both priniciples and selected applications in each topic
to increase student appreciation and understanding of the relevance
to contemporary managerial and consumer decision-making of the
topics explored in the unit.
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Last Revised: 03 August 2009.