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Microeconomics 2 (ECON90045)
Graduate courseworkPoints: 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
Semester 2
Svetlana Danilkina: sdanilki@unimelb.edu.au
Overview
Availability | Semester 2 |
---|---|
Fees | Look up fees |
This subject explains and provides illustrative applications of microeconomic theory of the behaviour of households, firms and government and how the behaviour of the private sector and the public sector influence the efficiency of the economy. Topics include consumer theory, producer theory, perfect competition and general equilibrium, market failures associated with market power, externalities and public goods.
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 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
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: oral communication; written communication; collaborative learning; problem solving; team work; 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.
- Some level of development: statistical reasoning.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- MC-MGMTAFN Master of Management (Accounting and Finance)
- MC-AEMTRCS Master of Applied Econometrics
- MC-AECOENH Master of Applied Econometrics (Enhanced)
OR
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90015 | Managerial Economics |
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - Parkville)
|
12.5 |
OR
Equivalent
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20002 | Intermediate Microeconomics |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
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: 31 January 2024
Assessment
Semester 2
Description | Timing | Percentage |
---|---|---|
Assignments equivalent to 1000 words
| Week 3 | 10% |
One hour in -class test
| Week 6 | 20% |
Assignments equivalent to 1000 words
| Week 9 | 10% |
Final examination
| During the examination period | 60% |
Last updated: 31 January 2024
Dates & times
- Semester 2
Principal coordinator Svetlana Danilkina Mode of delivery On Campus (Parkville) Contact hours Two 1-hour lectures and one 1-hour workshop per week Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
Svetlana Danilkina: sdanilki@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
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: 31 January 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 Course Master of Public Administration Course Master of Public Administration (Enhanced) Course Master of Applied Econometrics - 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: 31 January 2024