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Intermediate microeconomics

ECC2000

Synopsis

This unit develops understanding of individual decision making in consumption and production. It introduces theory of consumer choice, including applications to income-leisure choice. In the theory of production, it develops the concept of allocative efficiency and implications for input pricing. Various market structures are analysed: competition, monopoly, monopolistic competition and oligopoly. The unit discusses market failures and relevant microeconomic policies.

Sourced from the Monash Handbook 2026.

Quick facts

Credit points
6
Level
2
Audience
Undergraduate
Type
Coursework
School
Faculty of Business and Economics
Faculty
Department of Economics
Handbook year
2026

Prerequisites (5)

What it unlocks (19)

Offerings (3)

  • November teaching periodCaulfield · ON-BLK
  • Second semesterClayton · ON-CAMPUS
  • First semesterClayton · ON-CAMPUS

Listed in 5 areas of study

  • Economic analysisLevel 2 cornerstone units
  • EconomicsCore units
  • EconometricsCore units
  • EconometricsAdditional econometrics units
  • Mathematical foundations of econometricsElective units