University Course Planner The University of Adelaide Australia

ECON 1004 - Principles of Microeconomics I

Career: Undergraduate
Units: 3
Term: Semester 1
Campus: North Terrace
Contact: 2 lectures, 1 tutorial per week
Available for Non-Award Study: Yes
Quota: May apply
Incompatible: Not for students who have passed ECON 1004, or WINEMKTG 1026EX
Assessment: Typically a mid semester exam & a final exam
Syllabus:

The course provides an introduction to a core area of economics known as microeconomics. It considers the operation of a market economy and the problem of how best to allocate society's scarce resources. The course considers the way in which various decision making units in the economy (individuals and firms) make their consumption and production decisions and how these decisions are coordinated. It considers the laws of supply and demand, and introduces the theory of the firm, and its components, production and cost theories and models of market structure. The various causes of market failure are assessed, and consideration is given to public policies designed to correct this market failure.

Course Fees

Course fees are displayed for the Program: select program

  Commonwealth Supported Student Contribution Tuition Fees
Units EFTSL Pre-2008 2008 2009 2010 Onwards Domestic International
3 0.125 Band 2 $945 Band 3 $1,107 Band 3 $1,107 Band 3 $1,107 select program select program


Critical Dates

Term Last Day to Add Online Census Date Last Day to WNF Last Day to WF
Semester 1 Mon 15/03/2010 Wed 31/03/2010 Fri 07/05/2010 Fri 04/06/2010


Class Details

Available 1 December