ECON207-25S2 (C) Semester Two 2025

Intermediate Microeconomics - Households and Government

15 points

Details:
Start Date: Monday, 14 July 2025
End Date: Sunday, 9 November 2025
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 27 July 2025
  • Without academic penalty (including no fee refund): Sunday, 28 September 2025

Description

ECON 207 is one of two intermediate microeconomics courses which build on the concepts learned in ECON 104. Concepts will be taught with a graphical and/or simple algebraic approach. Most of the first term is spent using the consumer behaviour model to explain optimal consumer decision making with different types of goods. Consumer decision making under risk and uncertainty is also examined. Term two is spent examining what happens when people and businesses are imperfectly informed about their transactions, or about each other. Externalities and public goods are also investigated.

Learning Outcomes

On completion of ECON207, students will be able to:

Use consumer theory to understand consumer decision making.

Explain the different reasons for market failure.

Understand risk, uncertainty and information asymmetry as it applies to markets.

Understand the first and second welfare theorems.

Prerequisites

Course Coordinator

Steve Agnew

Assessment

Assessment Due Date Percentage 
Final exam 49%
Problem Sets 10%
Online content quizzes 10%
Online reading quizzes 6%
Term test 25%

Indicative Fees

Domestic fee $946.00

International fee $4,363.00

* 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 ECON207 Occurrences

  • ECON207-25S2 (C) Semester Two 2025