ECON104-12S1 (C) Semester One 2012

Introduction to Microeconomics

15 points

Details:
Start Date: Monday, 20 February 2012
End Date: Sunday, 24 June 2012
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 2 March 2012
  • Without academic penalty (including no fee refund): Friday, 18 May 2012

Description

Scarcity, exchange and trade. Market analysis and policy. Consumer choice theory. Theory of the firm. Imperfect competition. Externalities and public goods.

ECON104 studies microeconomics, which examines theories of how consumers and producers behave and interact in individual markets.  The course covers a general study of the workings of markets and a more in-depth analysis of the two sides - supply (producers) and demand (consumers).  The course also covers issues that do not fit the conventional assumptions of the supply and demand framework.

Restrictions

Course Coordinator

Steve Agnew

Assessment

Assessment Due Date Percentage 
Final Exam 55%
On-line multi choice tests 5%
Progress Test 5%
Term Test 25%
On-line Tutorial Quizzes 10%

Textbooks / Resources

Required Texts

Mankiw, N. Gregory; Principles of Microeconomics ; 6th; 2012.

The course text can be purchased as a bundle with the ECON105 text:

Mankiw, N., G. Bandyopadhyay, D. & Wooding, P. (2007).  Principles of Macroeconomics in New Zealand.  Australia:  Thomson Learning.  

This text bundle can be purchased for a combined student discount price that represents very good value and is a significant saving compared to buying both books separately.  The bundle option has the advantage that students can sell one or both texts, though a good micro and macro principles text is a valuable addition to any student's collection especially if you plan to continue in economics, but is still very valuable even if you do not.

Some very readable books which give a very good introduction to the key ideas in economics include:
"New Ideas from Dead Economists" by Todd Buchholz
"The Undercover Economist" by Tim Harford
"Freakonomics" by Steven Levitt & Stephen Dubner

Indicative Fees

Domestic fee $655.00

International fee $2,888.00

* 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 .

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