Overview
This unit develops understanding of individual decision making in consumption and production. It introduces theory of consumer choice, including applications to income-leisure choice. In the theory of production, it develops the concept of allocative efficiency and implications for input pricing. Various market structures are analysed: competition, monopoly, monopolistic competition and … For more content click the Read More button below.
Offerings
NOV12-CLAYTON-BLOCK-ON
S1-01-CLAYTON-ON-CAMPUS
S2-01-CLAYTON-ON-CAMPUS
Requisites
Prerequisite
Prohibition
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Professor Nicholas Feltovich
Dr Xiaodong Fan
Teaching approach
Active learning
Assessment
1 - Within semester assessment
2 - Examination
3 - Within semester assessment
4 - Examination
Scheduled and non-scheduled teaching activities
Lectures
Tutorials
Workload requirements
Workload
Learning resources
Required resources
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $40