ECC4650 Microeconomics
Faculty of Business and Economics
ECC4650 Microeconomics is a level 4, 6-credit-point, undergraduate and postgraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 at Clayton. It has no prerequisites.
- Credit points
- 6
- Offered in 2027
- Semester 1
- Clayton
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
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Overview
This unit aims at upgrading your analytical tools in microeconomics, which will help you gain more in-depth understanding of microeconomics and prepare you for rigorous research in economics. Topics include preferences and utility, consumer choice theory, demand analysis, producer theory, game theory, firm behaviour in various market structures, choice under uncertainty, and economics of information.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | Blended |
Assessment
- Written20%
- Presentation20%
- Quiz / Test60%
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
upgrade students' analytical tools for advanced microeconomics
- 2
obtain in-depth understanding of the key ideas in microeconomic theory
- 3
gain the ability to apply microeconomics to the analysis of a range of economic issues
- 4
prepare students to undertake other fourth-year units and further studies in economics.
Workload and teaching
- Workshops33 hours
- Assessments3 hours
- Applied sessions12 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
- Teaching approachResearch activities
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 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 engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
Where it fits
ECC4650 is part of 2 areas of study in the 2027 handbook.
Contacts
- Chief Examiners
- Dr Filip Premik
Common questions
What are the prerequisites for ECC4650?
ECC4650 has no prerequisites.
When is ECC4650 offered?
In 2027, ECC4650 runs in Semester 1 at Clayton.
How much work is ECC4650?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC4650 have an exam?
No. ECC4650 has 3 assessment tasks and no exam.
Which majors and minors include ECC4650?
ECC4650 is part of Economics.