Information on this page, including unit offerings, is from the 2019 academic year.
Microeconomics B (BUS318)
|Availability||MURDOCH: S2-internal, S2-external
|Teaching Timetables||Murdoch S2
|Description||This unit introduces students to more in-depth study of strategic interaction in microeconomic environments. These would include topics such as fundamentals of equilibrium behaviour with applications to the problem of commons, market structures, market design, behavioural economics, cartels and market collusion, auctions, signalling in job markets.|
|Unit Learning Outcomes||On successful completion of the unit students should be able to:
ULO 1 Evaluate and apply the aims and purpose of advanced microeconomic principles and practices to real world scenarios
ULO 2 Analyse contemporary microeconomic policies by applying the main concepts, terminologies and tools of economic analysis.
ULO 3 Discuss the importance and implications of ethical representations of microeconomic policies
ULO 4 Research and argue advanced microeconomic issues, theories and applications.
ULO 5 Communicate an understanding of advanced microeconomic theories and practices.
|Timetabled Learning Activities||2 hour workshop each week
All offerings of this unit include the equivalent of 30 hours of structured learning.
|Unit Learning Experiences||The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by small class knowledge application and skills development. This is enhanced by self -directed learning to further develop skills and application of knowledge to practical and current issues.|
|Assessment||Mid Term Test 20%;
Research Essay 40%;
Final Exam 40%
|Prerequisites||BUS261 Microeconomics A or BUS291 Microeconomics A|
|Exclusions||Students who have successfully completed BUS361 may not enrol in this unit for credit.|
|Internet Access Requirements||Murdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.|
|No co-ordinators found for this unit.||Unit Contacts|
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