Units in first semester 2021 may be delivered online and in alternative formats whilst restrictions in relation to the COVID-19 pandemic are in place.
Microeconomic Theory
Unit
ECON3000
- Credit
- 25
- Location
- Curtin Perth, Curtin University Malaysia, Curtin Mauritius
Outline
Units in first semester 2021 may be delivered online and in alternative formats whilst restrictions in relation to the COVID-19 pandemic are in place.
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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.
Learning pathway
Student profile
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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
At Curtin, we understand that everyone’s study journey has been different.
You may have already studied some of the units (subjects) listed in your Curtin course, or you may have work experience that matches the degree requirements.
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.
Use the CRL search to find out how much CRL you qualify for, or contact us at:
Email: crl@curtin.edu.au
Tel: 1300 222 888
Location
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- Curtin course code: ECON3000
- Last updated on: March 18, 2021
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