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Introduction to price theory using some calculus: The neo-classical model of consumer and producer choice and general equilibrium, and deviations from that model including externalities and public goods.
ECON101 or ECON104
ECON231, ECON204, ECON550 (prior to 2006)
MATH104 or MATH105 or MATH106 or MATH108 or MATH116
Seamus Hogan
The assessment for this course will comprise one mid-year test (to be held in the end-of-semester examination period), a final exam, 22 problem sets, and an essay. The weighting for the various pieces of assessment will be according to one of the two following schedules, whichever gives the highest grade (except, in the case of dishonest practice as per the Course Outline).Schedule 1:Problem Sets 10%Mid-Term Test 40%Essay 10%Final Exam 40%Schedule 2:PRoblem Sets 10%Mid-Term Test 20%Essay 10%Final Exam 60%
Bergstrom, Theodore C. , Varian, Hal R; Workouts in intermediate microeconomics ; 7th ed; W.W. Norton, 2006 (Medium: Workbook).
Varian, Hal R; Intermediate microeconomics : a modern approach ; 7th ed; W.W. Norton & Co, 2006.
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.
Domestic fee $788.00
International fee $3,281.00
* 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 .