MAE201 - Competition and Industry

Year:

2020 unit information

Enrolment modes: Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Cloud (online)
Trimester 2: Burwood (Melbourne), Cloud (online)
Credit point(s): 1
EFTSL value: 0.125
Prerequisite: MAE101
Corequisite: Nil
Incompatible with: MAE206
Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus

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

Scheduled learning activities - cloud (online)

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit aims to extend microeconomics theory introduced in MAE101 to further explain the behaviour of consumers and firms in the market system. The topics studied at an intermediate level include: consumer decisions; the firm and models of production; strategic choices and the influence of markets structures on price and output levels among others. The unit allows for a more sophisticated understanding of how various policy levers can affect individual choices and welfare.

Hurdle requirement

Hurdle requirement: achieve at least 40% of the marks available on the examination

Unit Fee Information

Click on the fee link below which describes you:

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