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MAE301 - Microeconomic Theory and Policy

Enrolment modes:Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Cloud (online)
Credit point(s):1
EFTSL value: 0.125
Unit chair:

L Colombo

Prerequisite:

MAE201 or MAE206

Corequisite:Nil
Incompatible with: Nil
Contact hours:

1 x 2 hour class, 1 x 1 hour seminar per week

Note: You will need to access substantial learning resources and experiences in CloudDeakin (Deakin’s online learning environment). Compliance with the Standards in computing, connectivity and student capability are a condition on your enrolment.

Content

The unit develops microeconomic theory at an advanced level relative to MAE201 by systematically developing and applying mathematical techniques involving calculus to explore topics such as optimization, consumer choice and demand; theory of the firm; models of market imperfection and market failure and decision making under risk.

Assessment

Test(s) (x 2 In Class 20% each) 40%, Examination 2 hours 60%, Hurdle requirement: achieve at least 50% of the marks available on the examination.

Unit Fee Information

Unit fee information available soon

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