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 2023 in Semester 1 at Clayton. It has no prerequisites and unlocks 1 unit.
- Credit points
- 6
- Offered in 2023
- Semester 1
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before ECC4650
No prerequisites or corequisites.
After ECC4650
1 unit list ECC4650 as a prerequisite or corequisite.
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 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Within semester assessment40%
- Examination60%
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
- Tutorials12 hours
- Lectures24 hours
- Teaching approachActive 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. 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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Professor Zhijun Chen
Common questions
What are the prerequisites for ECC4650?
ECC4650 has no prerequisites.
What can I take after ECC4650?
ECC4650 is a prerequisite or corequisite for 1 unit, including ECX5479.
When is ECC4650 offered?
In 2023, 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?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.