Microeconomic Theory A ECON8011  - Details

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ECON8011 is only available under certain award programs.


Offered By: School of Economics
Academic Career: Graduate Coursework
Course Subject: Economics
Offered in: First Semester, 2008
Unit Value: 6 units
Course Description:

This course covers the classical techniques and results of microeconomics, presented within a formal analytical framework.   Some mathematics is involved, particularly the calculus of constrained optimisation.

Learning Outcomes:

This course is a graduate course in Microeconomic Theory.  Accordingly, after successfully completing this course, students are expected to:

  • Understand a wide range of microeconomic concepts, formalisms and techniques with mathematical rigor. These tools and formalisms are standard in economic analysis.
  • Be able to read any undergraduate level and and most graduate level microeconomics books.
  • Be capable of reading  and evaluating advanced research articles in microeconomics.
  • Be able to correct and evaluate critically microeconomics papers, statements, projects and public policies.
  • Be prepared to take more advanced courses in microeconomics, economic theory, econometrics and other sciences that use similar techniques.
  • Be capable of proving several technical results and theorems in the exams.
Indicative Assessment:

70% final exam + 30% mid-term exam.

Workload: 5 hrs contact time (suggest students to spend at least  10 further hours per week in this class)
Course Classification(s): AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
Areas of Interest: Economics
Eligibility:  At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics.
Assumed Knowledge and
Required Skills:

Students are expected to have completed at least an advanced undergraduate math-econ course covering linear algebra, calculus with several variables, and optimization theory. More importantly, students must have some "mathematical maturity", as the concepts will be explained via abstract models, formally presented.

Prescribed Texts:

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/ECON8011.pdf

 

Preliminary Reading:

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/ECON8011.pdf

 

Indicative Reading List: See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/ECON8011.pdf
Programs: Graduate Diploma in Applied Economics, Master of Economic Policy, Master of Applied Economics, Master of International and Development Economics, Master of Economics of Development, Graduate Diploma in Economic Policy, Master of Economics, Graduate Diploma in Economics, and Master of Health Economics
Other Information:

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8011

Academic Contact: Seehttp://ecocomm.anu.edu.au/courses/course.asp?code=ECON8011