Course Details
Country:
Australia
Institution:
Curtin University
Course Title:
Contemporary Microeconomics
Course Number:
ECON7004
Course Description:
This unit offers a critical examination of the core areas of modern microeconomic theory with a focus on evaluation of complex problems, policy consideration factors, consumer and producer theories, welfare analysis and their applications to public policy analysis. It covers the following essential concepts: consumer theory, preferences, utility functions, indirect utility and expenditure functions, properties of consumers' choice demand, consumers' surplus, duality in consumption, technology and production, cost functions, duality in production, theory of the firm and market structures, general equilibrium, welfare economics, game theory, public goods, externalities and imperfect information market failures.
Language:
English
Approved Equivalent:
ECON 306
Attachment Files:
