ECON203-11S2 (C) Semester Two 2011

Intermediate Microeconomics with Calculus II

15 points

Details:
Start Date: Monday, 11 July 2011
End Date: Sunday, 13 November 2011
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 24 July 2011
  • Without academic penalty (including no fee refund): Sunday, 9 October 2011

Description

ECON203 is the second of two courses of a coordinated sequence of courses that introduces students to the three pillars of economic analysis (choice, scarcity, and coordination) and the mathematical techniques that economists use to represent these ideas (optimisation, equilibrium, and adding-up constraints). The sequence is largely devoted to "price theory", which is the analysis of the role that prices play in facilitating coordination in a market economy. ECON203 looks at the coordination of consumer and firm choices through prices, including situations where such coordination may not result in desirable outcomes. It examines the role that imperfect information and strategic behaviour can play in determining economic outcomes.

Prerequisites

Restrictions

ECON207, ECON208, and ECON230

Recommended Preparation

Course Coordinator

Seamus Hogan

Assessment

Assessment Due Date Percentage 
Problem Sets 10%
Essay 10%
Final Exam 50%
Mid-Term Test 30%


The weighting for the various pieces of assessment will be according to one of the following two schedules, whichever gives the highest grade (except, for the note on "dishonest practice" included in the Course Outline):

Schedule 1:
Problem Sets      10%
Mid-Term Test    30%
Essay                10%
Final Exam          50%

Schedule 2:
Problem Sets       10%
Mid-Term Test     15%
Essay                 10%
Final Exam           65%

Textbooks / Resources

Required Texts

Bergstrom, Theodore C. , Varian, Hal R; Workouts in intermediate microeconomics ; 7th ed; W.W. Norton, 2006.

Varian, Hal R; Intermediate microeconomics : a modern approach ; 7th ed; W.W. Norton & Co, 2006.

Recommended Reading

Harford, Tim; The undercover economist : exposing why the rich are rich, the poor are poor--and why you can never buy a decent used car! ; Oxford University Press, 2006.

ECON203 uses the same books as ECON202.

Indicative Fees

Domestic fee $630.00

International fee $2,775.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Economics and Finance .

All ECON203 Occurrences

  • ECON203-11S2 (C) Semester Two 2011