ECC3610 Market design
Faculty of Business and Economics
ECC3610 Market design is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2026. It needs ECC2000.
- Credit points
- 6
- Offered in 2026
- Not offered
- Assessment
- No exam
- 4 tasks
- Workload
- 144 hours
- per semester
This is the 2026 handbook entry. See the 2027 entry.
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Requisites
Before ECC3610
Prerequisites
Pass these before you enrol.
After ECC3610
No unit lists ECC3610 as a prerequisite in the 2026 handbook.
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.
Overview
Market design is a fast-growing area of economics that focuses on how the rules of a market shape outcomes. In this unit, you will learn to analyse and improve real-world markets - from school choice and kidney exchange to online platforms, spectrum auctions, and water allocation. You’ll explore the design of matching markets, auctions, and platforms and examine how different rules affect incentives, efficiency, fairness, and participation. One of the goals of this unit is to demonstrate how economic theory can be applied to solve practical problems faced by governments, businesses, and non-profits. This unit will equip you with a toolkit for market design that is valuable for further study or careers in public policy, consulting, and economics research.
Offerings in 2026
The 2026 handbook lists no offerings for ECC3610.
Assessment
- Project50%
- Presentation10%
- Quiz / Test20%
- Exercise20%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify situations in which markets fail to deliver desirable outcomes and recognise when design or intervention is needed
- 2
evaluate efficiency, equity, and incentives in a variety of different market designs, including matching, auctions, and platforms
- 3
model and analyse market institutions using tools from game theory and mechanism design
- 4
apply core market design concepts to real-world settings such as school choice, organ exchange, digital platforms, and resource allocation
- 5
communicate the insights of market design analysis clearly and effectively to both specialist and non-specialist audiences
- 6
possess technical proficiency to pursue Honours and Masters level research.
Workload and teaching
- Workshops36 hours
- Teaching approachActive learning
- Teaching approachProblem-based learning
- Teaching approachCase-based teaching
- Teaching approachResearch activities
- Teaching approachEnquiry-based learning
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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit allows you to develop their research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
Common questions
What are the prerequisites for ECC3610?
You need ECC2000 before you enrol. Enrolment rules also apply.
When is ECC3610 offered?
ECC3610 has no offerings listed in the 2026 handbook.
How much work is ECC3610?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC3610 have an exam?
No. ECC3610 has 4 assessment tasks and no exam.
More details
- Credit points
- 6
- Level
- 3
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Available
- Handbook years
- 20262027