ECON321-07S1 (C) Semester One 2007

Microeconomic Analysis

14 points

Details:
Start Date: Monday, 26 February 2007
End Date: Sunday, 1 July 2007
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 11 March 2007
  • Without academic penalty (including no fee refund): Sunday, 27 May 2007

Description

Presents the fundamental analytical tools of economics, constructing a rigorous mathematical model of the economic behaviour of consumers, producers, and their interaction.

Presents the fundamental analytical tools of economics, constructing a rigorous mathematical model of the economic behaviour of consumers, producers, and their interaction.

ECON321 deals with two major areas of information economics.  The uncertainty component of the course deals with broadening microeconomic theoretical framework to include economic situations of imperfect information and ultimately providing the tool of expected utility for economic analysis.  The asymmetric information component of the course takes the information problem one step further and introduces heterogeneity of information among agents.  In addressing these two areas of information economics, the course will also illustrate the role of mathematics, including probability and mathematical statistics, in expressing economic concepts.

Prerequisites

(1) ECON204 or ECON230 or ECON231
(2) MATH104 or MATH105 or MATH106 or MATH108 or MATH116
(3) 18 points from STAT courses.

Restrictions

ECON301

Timetable Note

There will be one tutorial per week in addition to lectures.

Course Coordinator

Richard Watt

Assessment

Assessment Due Date Percentage 
Final Examination 80%
Test 20%

Course links

Library portal

Indicative Fees

Domestic fee $486.00

International fee $1,984.00

* 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 ECON321 Occurrences

  • ECON321-07S1 (C) Semester One 2007
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