Handbook Public View

This page displays current curriculum information. For staff view, please login

Unit (2019)

Information on this page, including unit offerings, is from the 2019 academic year.

Microeconomics B (BUS318)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S2-internal, S2-external
KAPLAN-SGP: TMA-internal
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 RequirementsMurdoch 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.


Unit Coordinator
No co-ordinators found for this unit.
Unit Contacts
No contacts found for this unit.
Fee Calculator
Handbook help
Information for Students


The University reserves the right to cancel, without notice, any course, major, minor or unit if the number of students enrolled falls below limits set by the University.

Regulations and Rules

Students should ensure they are familiar with the University's internal legislation, including provisions specifically relevant to their studies. See the University Regulation overview and view legislation online.