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Introductory microeconomics
ECB1101
Synopsis
This unit introduces the fundamental principles of microeconomics and their application in real-world business contexts. Topics include opportunity cost, supply and demand, consumer and firm behaviour, market structures, and welfare analysis. You will also explore government policy impacts and critically examine sources of market failure. The unit builds essential economic literacy for informed decision-making and provides a foundation for further study in economics and related disciplines.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 1
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Economics
- Handbook year
- 2026
Prerequisites
No prereqs in the handbook graph.
What it unlocks (32)
- Business financeBFB2140
- Corporate finance BFC2140
- Business financeBFF2140
- Corporate finance BFX2140
- Managerial economicsECB2731
- Economics of money and bankingECB3143
- Intermediate microeconomicsECC2000
- Intermediate macroeconomicsECC2010
- Sports economicsECC2450
- Economic growth: Causes and consequencesECC2511
- Behavioural economicsECC2600
- Game theory and strategic thinkingECC2610
- Economic history: The rise of capitalismECC3144
- Experimental economicsECC3600
- Economics of climate changeECC3640
- Economic science of diversity and inclusionECC3671
- Trade finance and foreign exchangeECF2721
- Managerial economicsECF2731
- Consumer economicsECF3120
- Economics of money and bankingECF3143
- The wealth and poverty of nationsECF3800
- Trade finance and foreign exchangeECI2721
- Managerial economicsECI2731
- Transforming economies: Labour markets, institutions and developmentECM3670
- Managerial economicsECW2731
- Economics of labour marketsECX2141
- Crashes, crises and macroeconomic policyECX2300
- Environmental economicsECX2360
- Design and evaluation of economic, public, and social programsECX2400
- Internet business and digital economyECX3890
- Economics of environment and sustainabilityECX5001
- Design and evaluation of economic, public, and social programsECX5400
Offerings (1)
- First semesterPeninsula · ON-CAMPUS