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ECON208 is the second of two courses of a coordinated sequence of courses that provide a solid grounding in the theoretical and applied methods of microeconomics. The courses uses the concepts of choice, co-ordination by prices leading to equilibrium, and evaluation of people's choices according to the citeria of economi efficiency and equity. ECON 208 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.
1. demonstrate an understanding of how different economic environments influence the choices made by people, and how they affect the resulting outcomes.2. explain when government intervention could potentially improve economic outcomes and why it might do so.3. analyse the effects of policy and other changes on economic outcomes that matter to people.
ECON202 or ECON207
ECON203, ECON230, and ECON231
Philip Gunby
Nicholson, Walter. , Snyder, Christopher M; Intermediate microeconomics and its application ; 11th ed; South-Western/Cengage Learning, 2010.
Course Outline
Domestic fee $682.00
International fee $3,000.00
* 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 .