If COVID-19 restrictions apply, we may need to make changes to units and/or delivery modes.
Microeconomic Theory
Unit
ECON3000
- Credit
- 25
- Location
- Curtin Perth, Curtin University Malaysia, Curtin Mauritius
Outline
If COVID-19 restrictions apply, we may need to make changes to units and/or delivery modes.
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The unit will provide a thorough grounding in microeconomics at an advanced level. Topics include mathematical tools for microeconomics, profit maximization and cost minimization, monopoly, oligopoly, general equilibrium and the use of Pareto optimality to analyse the performance of markets including market failure.
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What you'll learn
- explain profit maximization and cost minimization by producers using mathematically based analysis
- analyse market structures including competition, the behaviour of monopolists and oligopolists, price discrimination and consumer and producer behaviour within the general equilibrium framework
- evaluate government policies in regards to market failure
Advanced standing
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If this applies to you, you can apply for credit for recognised learning (CRL), which means your previous study is recognised and matched against a similar unit in your intended Curtin course.
A successful CRL application exempts you from having to complete certain units within your course and means you could finish your degree in a shorter amount of time.
CRL is also known as recognition of prior learning, advanced standing and credit transfer.
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- Curtin course code: ECON3000
- Last updated on: May 25, 2022
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