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Monash University

Areas of Study

Microeconomics

  • ECP1100
  • Peninsula First semester 2013 (Day)
  • 6 points, SCA Band 3, 0.125 EFTSL
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Economics as an area of knowledge. Economics in a business degree. Understanding economic policy. An analysis of markets: supply and demand; consumer behaviour; firm behaviour; cost of production and profit maximisation; behaviour of firms in different market structures; evaluation of market capitalist economic systems, economic efficiency, market failure, government failure; current economic policies, competition policy, privatisation and the funding of education. -- Course Website

Instructor: Dr Andreas Leibbrandt



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