• Semester 2 (Day)
• Semester 2 (External)

Pre-requisite: 51008
Pre-requisite: Recommended:51332

Synopsis

Microeconomics is part of the study of how the world works.  It  deals
with managerial, household and government decision- making, the design
and  effects of public policy and the efficiency and fairness  of  the
way   resources  are  used.  This  unit  focuses  upon  a   range   of
microeconomic principles, their use by economists in economic analysis
and  their  application to decision-making problems. While drawing  on
the  history of economic thought, it emphasises contemporary resource-
use issues and the development of analytic ability.