Units in second semester 2020 may be delivered online and in alternative formats whilst restrictions in relation to the COVID-19 pandemic are in place.
A full-time study load usually consists of 200 credits (approximately eight units) per year, with 100 credits (approximately four units) in each semester.
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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
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You may have already studied some of the units (subjects) listed in your Curtin course at another educational institution, or you may have work experience that matches the degree requirements.
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.
Use the CRL search to find out how much CRL you qualify for, or contact us at:
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- Curtin course code: ECON3000
- Last updated on: September 29, 2020