ECON207-24S2 (C) Semester Two 2024

Intermediate Microeconomics - Households and Government

15 points

Details:
Start Date: Monday, 15 July 2024
End Date: Sunday, 10 November 2024
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 28 July 2024
  • Without academic penalty (including no fee refund): Sunday, 29 September 2024

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

Timetable 2024

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Wednesday 11:00 - 12:00 C2 Lecture Theatre
15 Jul - 25 Aug
9 Sep - 20 Oct
Lecture B
Activity Day Time Location Weeks
01 Wednesday 15:00 - 16:00 A2 Lecture Theatre
15 Jul - 25 Aug
9 Sep - 20 Oct
Lecture C
Activity Day Time Location Weeks
01 Tuesday 14:00 - 15:00 C2 Lecture Theatre
15 Jul - 25 Aug
9 Sep - 20 Oct
Drop in Class A
Activity Day Time Location Weeks
01 Thursday 11:00 - 12:00 A4 Lecture Theatre
29 Jul - 25 Aug
9 Sep - 20 Oct
03 Thursday 13:00 - 14:00 Rehua 103 Project Workshop
29 Jul - 25 Aug
9 Sep - 20 Oct
04 Thursday 14:00 - 15:00 Link 309 Lecture Theatre
29 Jul - 25 Aug
9 Sep - 20 Oct
05 Thursday 15:00 - 16:00 Link 309 Lecture Theatre
29 Jul - 25 Aug
9 Sep - 20 Oct
06 Thursday 16:00 - 17:00 Link 309 Lecture Theatre
29 Jul - 25 Aug
9 Sep - 20 Oct

Examinations, Quizzes and Formal Tests

Test A
Activity Day Time Location Weeks
01 Wednesday 19:00 - 20:30 Otakaro 146 L1 Lecture Theatre
19 Aug - 25 Aug
02 Wednesday 19:00 - 20:30 Otakaro 236 L2 Lecture Theatre
19 Aug - 25 Aug

Course Coordinator

Steve Agnew

Assessment

Assessment Due Date Percentage 
Final exam 50%
Problem Sets 10%
Online content quizzes 10%
Term test 30%

Indicative Fees

Domestic fee $893.00

International fee $4,200.00

* 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

  • ECON207-24S2 (C) Semester Two 2024