ECC2400 Current issues in applied microeconomics
Faculty of Business and Economics
ECC2400 Current issues in applied microeconomics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 at Clayton. It needs ECF1100, ECC1000, ECW1101, ECB1101 or ECS1101.
- Credit points
- 6
- Offered in 2020
- Semester 1
- Clayton
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2022 entry.
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Requisites
Before ECC2400
After ECC2400
No unit lists ECC2400 as a prerequisite in the 2020 handbook.
Overview
This unit introduces students to the ways in which economists apply scientific methods to explain and predict human behaviours and decisions. The emphasis is on the applications of microeconomic theories to explain a range of everyday life and policy-relevant issues, as well as the applications of experimental and other empirical methods to test the accuracy and relevance of various theoretical predictions. Some of the topics and issues discussed may include, but not limited to, the scientific nature of economics, randomised controlled experiments, counterfactual analysis, natural experiments, individual decision-making process, microeconomics of social issues, and the challenges of various social and microeconomic policies.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify and describe the way in which economists apply economic theories and concepts to analyse various behaviours and issues
- 2
identify and describe the way in which economists evaluate theories and inform policies
- 3
apply empirical methods to test the accuracy and relevance of various economic models
- 4
critically evaluate and effectively communicate current debates on policy-relevant issues
- 5
demonstrate the ability to evaluate the contributions and limitations of economic analysis for understanding and informing policy options.
Workload and teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Where it fits
ECC2400 is part of 1 area of study in the 2020 handbook.
Contacts
- Chief Examiners
- Associate Professor Liang Choon Wang
- Unit Coordinators
- Associate Professor Liang Choon Wang
Common questions
What are the prerequisites for ECC2400?
You need ECF1100, ECC1000, ECW1101, ECB1101 or ECS1101 before you enrol.
When is ECC2400 offered?
In 2020, ECC2400 runs in Semester 1 at Clayton.
How much work is ECC2400?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Which majors and minors include ECC2400?
ECC2400 is part of Economics.