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Intermediate Microeconomics (6382.4)

Level: Level 2 - Undergraduate Intermediate Unit
Credit Points: 3
HECS Bands:

Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021)

Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society



    Unit Outlines

    To view your Unit Outline, click View to log in to MyUC and access this information, or visit your unit's online teaching site.

    • Semester 1, 2018, ON-CAMPUS, BRUCE (177853) - View
    • Semester 1, 2017, ON-CAMPUS, BRUCE (166793) - View
    • Semester 1, 2016, ON-CAMPUS, BRUCE (153815) - View
    • Semester 1, 2015, ON-CAMPUS, BRUCE (145987) - View

    If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.


    This unit will focus on the development and application of microeconomic principles. The theoretical component will consolidate and extend the material presented in first year, covering the areas of consumer and producer behaviour in competitive and non-competitive environments, market failure and the role of government; industry structure, conduct and performance.

    Learning Outcomes

    Upon successful completion of this unit, students will be able to:

    1. Explain the basic assumptions underlying the model of consumer behaviour;

    2. Analyse how consumers make an optimal choice given the budget constraint they face;

    3. Distinguish between different production functions and evaluate the optimal combination of inputs for firms given the technology of production and input cost;

    4. Evaluate the strategic decision making by different economic agents using game theory; and

    5. Understand how asymmetric information in a market affects efficiency.

    Assessment Items

    Contact Hours

    Normally thirty nine hours per semester.


    6355 Introduction to Economics OR 9518 Foundations of Microeconomics

    Incompatible Units

    9538 Intermediate Microeconomics

    Equivalent Units

    9538 Intermediate Microeconomics

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