Course

Microeconomics 2 - ECON2101

Faculty: UNSW Business School

School: School of Economics

Course Outline: ECON2101 Course Outline

Campus: Sydney

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: ECON1101 and ECON1202

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

Decision-making by consumers, producers, and governments lies at the heart of economic analyses. The first half of this intermediate course in microeconomic theory is devoted to the study of rational decision-making and the modelling of associated market behaviour. We then study how individual economic decisions interact in markets with varying degrees of competition, paying substantial attention to the comparative welfare outcomes produced by different market forms. Additional topics include game theory and its applications, uncertainty and asymmetric information. There is substantial emphasis on the use of analytical and mathematical tools. These tools and the subject material underpin much of the current research in microeconomics.

Summer Term

This course is offered in the Summer Term from December to February for students wishing to fast track their degree, add flexibility or catch up on courses missed.
Science students

Study Levels

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