• 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  business,  household  and government  choices,  the  design  and
effects of policy and the efficiency and fairness of the way resources
are  used  in  a  community.  This  unit  focuses  upon  a  range   of
microeconomic principles, their use by economists in economic analysis
and  their relevance in the global information economy. While  drawing
on  the  history  of  economic  thought,  it  emphasises  contemporary
resource-  use  issues  and  the development  of  the  skills  of  the
professional economist.