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ECON203-12S2 (C) Semester Two 2012
Intermediate Microeconomics with Calculus II

15 points, 0.1250 EFTS
09 Jul 2012 - 11 Nov 2012
↓Other occurrences

Description

ECON203 is the second of two courses of a coordinated sequence of courses that introduces students to the three pillars of economic analysis (choice, scarcity, and coordination) and the mathematical techniques that economists use to represent these ideas (optimisation, equilibrium, and adding-up constraints). The sequence is largely devoted to "price theory", which is the analysis of the role that price play in facilitating coordination in a market economy. ECON203 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.

Pre-requisites

Restrictions

ECON207, ECON208, and ECON230

Recommended Preparation

Timetable

Lectures
Streams Day Time Where Notes
Stream 01 Monday 2:00pm-3:00pm A5 Lecture Theatre 9 Jul - 19 Aug,
3 Sep - 14 Oct
Friday 10:00am-12:00pm A5 Lecture Theatre 9 Jul - 19 Aug,
3 Sep - 14 Oct

Tutorials
Streams Day Time Where Notes
Stream 01 Wednesday 12:00pm-1:00pm Kirkwood KC04 16 Jul - 19 Aug,
3 Sep - 14 Oct
Stream 02 Tuesday 10:00am-11:00am Kirkwood KC07 16 Jul - 19 Aug,
3 Sep - 14 Oct

Course Coordinator

Seamus Hogan

Assessment

Assessment Due Date Percentage 
Problem Sets 10%
Mid-Term Test 30%
Essay 10%
Final Exam 50%


The weighting for the various pieces of assessment will be according to one of the following two schedules, whichever gives the highest grade (except, for the note on "dishonest practice" included in the Course Outline):

Schedule 1:
Problem Sets      10%
Mid-Term Test    30%
Essay                10%
Final Exam          50%

Schedule 2:
Problem Sets       10%
Mid-Term Test     15%
Essay                 10%
Final Exam           65%

Examination and Formal Tests

Exam Thursday 01 Nov 2012 9:30am-12:30pm  
Test Tuesday 11 Sep 2012 7:00pm-9:00pm A1 Lecture Theatre

Textbooks

Required Texts

Bergstrom, Theodore C. , Varian, Hal R; Workouts in intermediate microeconomics; 7th ed; W.W. Norton, 2006.

Varian, Hal R; Intermediate microeconomics : a modern approach; 7th ed; W.W. Norton & Co, 2006.

Recommended Reading

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.

ECON203 uses the same books as ECON202.

Course links

Course Outline

Fees

Domestic fee $655.00
International fee $2,888.00


For further information see Department of Economics and Finance.

All ECON203 Occurrences

  • ECON203-12S2 (C) Semester Two 2012
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