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Scarcity, exchange and trade. Market analysis and policy. Consumer choice theory. Theory of the firm. Imperfect competition. Externalities and public goods. (ECON199 is offered under the STAR programme for secondary school students. Secondary School students only may enrol in this course.)
1. Students will be able to 'think like an economist', and apply basic economic principles such as the role incentives play in people's behaviour.2. Students will understand the concept of market efficiency, and will be able to analyse the impact of government policies.3. Students will be able to identify and evaluate occasions when markets function best without direct government involvement.4. Students will be able to identify and evaluate occasions when markets left on their own are unlikely to result in the best outcomes, and discuss the role of government in these markets.5. Students will be able to use the theories of economics to describe and explain the behaviour of people and firms.
This course will provide students with an opportunity to develop the Graduate Attributes specified below:
Critically competent in a core academic discipline of their award
Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.
Subject to approval of the Head of Department.
Domestic fee $775.00
International fee $3,188.00
* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.
This course will not be offered if fewer than 6 people apply to enrol.
For further information see
Department of Economics and Finance.