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

