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Intermediate Microeconomics (ECON20002)
Undergraduate level 2Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(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
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; 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.
- Some level of development: statistical reasoning.
Last updated: 11 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: 11 April 2024
Assessment
Semester 1
Description | Timing | Percentage |
---|---|---|
Lecture participation and activities | Throughout the semester | 5% |
Tutorial preparation | Throughout the semester | 5% |
Weekly online quizzes
| Throughout the semester | 20% |
Mid-semester Test
| Week 7 | 10% |
End-of-semester Examination
| During the examination period | 60% |
Summer Term
Description | Timing | Percentage |
---|---|---|
Tutorial preparation and participation | Throughout the teaching period | 10% |
Mid-semester Test
| Week 4 | 10% |
Assignment 1
| Week 4 | 10% |
Assignment 2
| Week 6 | 10% |
End-of-semester Examination
| During the examination period | 60% |
Last updated: 11 April 2024
Dates & times
- Summer Term
Principal coordinator Svetlana Danilkina Mode of delivery On Campus (Parkville) Contact hours Two 2-hour lectures and two 1-hour tutorials per week Total time commitment 170 hours Teaching period 2 January 2024 to 16 February 2024 Last self-enrol date 11 January 2024 Census date 19 January 2024 Last date to withdraw without fail 2 February 2024 Assessment period ends 24 February 2024 Summer Term contact information
Svetlana Danilkina: sdanilki@unimelb.edu.au
- Semester 1
Principal coordinator Joshua Miller Mode of delivery On Campus (Parkville) Contact hours Two 1-hour lectures and one 1-hour tutorial per week Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 Semester 1 contact information
Joshua Miller: joshua.miller@unimelb.edu.au
Time commitment details
Semester 1 indicative time commitment per teaching week: (i) 3 hours lecture preparation, including watching videos and reading, (ii) 2 hours in lecture, (iii) 3 hours tutorial preparation, including reading and pre-tutorial questions, (iv) 1 hour in tutorial, (v) 0.25 hour quiz
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: 11 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: 11 April 2024