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Intermediate Microeconomics (ECON20002)
Undergraduate level 2Points: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Svetlana Danilkina: sdanilki@unimelb.edu.au
Semester 1
Joshua Miller:joshua.miller@unimelb.edu.au
Overview
Availability | Summer Term Semester 1 |
---|---|
Fees | Look up fees |
This subject examines the development of the microeconomic theory of the behaviour of economic agents and how the behaviour of economic agents and government influence the efficiency of the economy. Topics include perfect competition, general equilibrium, market power, intertemporal decision making, decision making under uncertainty and imperfect information.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain the core microeconomic theories of the consumer and the firm;
- Identify the usefulness and limitations of these theories;
- Apply microeconomic theories to economic problems faced by business, government and other decision makers under different assumptions about market structure and under different assumptions about available information;
- Critically evaluate the role of markets and governments in solving the economic problems facing societies;
- Apply economic tools to the analysis and solution of selected decision problems facing businesses; and
- Synthesise theory and practice in the context of selected public policy issues
Generic skills
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High level of development: oral communication; written communication; collaborative learning; problem solving; teamwork; application of theory to practice; interpretation and analysis; critical thinking.
-
Moderate level of development: synthesis of data and other information; evaluation of data and other information; receptiveness to alternative ideas.
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Some level of development: statistical reasoning.
Last updated: 27 April 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON10004 | Introductory Microeconomics |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
Non-allowed subjects
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 27 April 2024
Assessment
Description | Timing | Percentage |
---|---|---|
In class, or at home activities in preparation for participation | Throughout the semester | 10% |
One Mid-Semester Test
| Week 7 | 10% |
End-of-semester Examination
| During the examination period | 60% |
Weekly Online Quizzes • 1000 words (total)
| Throughout the semester | 20% |
Last updated: 27 April 2024
Dates & times
- Summer Term
Principal coordinator Svetlana Danilkina Mode of delivery On Campus (Parkville) Contact hours Semester 1: Two 1-hour lectures and a 1-hour tutorial per week; Summer Semester: Two 2-hour lectures and two 1-hour tutorials per week for six weeks Total time commitment 170 hours Teaching period 3 January 2023 to 17 February 2023 Last self-enrol date 12 January 2023 Census date 20 January 2023 Last date to withdraw without fail 3 February 2023 Assessment period ends 25 February 2023 Summer Term contact information
Svetlana Danilkina: sdanilki@unimelb.edu.au
- Semester 1
Principal coordinator Joshua Miller Mode of delivery On Campus (Parkville) Contact hours Semester 1: Two 1-hour lectures and a 1-hour tutorial per week; Summer Semester: Two 2-hour lectures and two 1-hour tutorials per week for six weeks Total time commitment 170 hours Teaching period 27 February 2023 to 28 May 2023 Last self-enrol date 10 March 2023 Census date 31 March 2023 Last date to withdraw without fail 5 May 2023 Assessment period ends 23 June 2023 Semester 1 contact information
Joshua Miller:joshua.miller@unimelb.edu.au
Time commitment details
170 Hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 27 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Major Economics Breadth Track Contemporary Public Economic Policy - Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Production)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 27 April 2024