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Advanced microeconomics

Level 3S1

About

This unit covers the core microeconomic theories and their applications. The main topics include theories of decision making in strategic and non-strategic contexts. The unit develops a thorough understanding of various market structures, and reasons for market failures including the externalities and asymmetric information. Through a mix of theory and applications, you will gain a thorough understanding of modern microeconomic principles and theories preparing you for further study or careers in economics, finance, and policy analysis.

Offered in 2026

Semester 1Clayton· ON-CAMPUS

Prerequisites

ECC2000Intermediate microeconomics

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.

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Advanced microeconomics

ECC3000

Synopsis

Sourced from the Monash Handbook 2026.

Quick facts

Credit points: 6
Level: 3
Audience: Undergraduate
Type: Coursework
School: Faculty of Business and Economics
Faculty: Department of Economics
Handbook year: 2026

Prerequisites (1)

Intermediate microeconomicsECC2000

What it unlocks

Nothing in the visible graph depends on this unit.

Offerings (1)

First semesterClayton · ON-CAMPUS

Listed in 3 areas of study

Business analytics for economicsSpecified discipline studies
EconomicsMicroeconomics and markets
Economics and economic policyCluster 2: Markets and strategy