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ECON101 Introductory Microeconomics

Updated: 03 November 2010
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study Online Level
Armidale Semester 1 Off Campus D - Comp/internet essential
Armidale Semester 1 On Campus D - Comp/internet essential
Armidale Summer Semester Off Campus C - Internet access required
Intensive School(s)
Start Finish Attendance Notes
09 April 2011 12 April 2011 Non-Mandatory
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites None
Co-requisites None
Restrictions None
Notes None
Combined Units None
Coordinator(s)
Unit Description

An introduction to microeconomics. Topics include demand, supply, output markets, elasticities, output and cost, perfect competition, monopoly, monopolistic competition, oligopoly, input markets, market failure, public choice, externalities and microeconomic reform.
Prescribed Material
Mandatory 		Text(s):

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Microeconomics and eBook
ISBN: 9781742164427
Taylor, J.B. and Frost, L., John Wiley 4th ed. 2008
Text refers to: Summer Semester , Off Campus
Microeconomics
ISBN: 9780733986437
Hubbard, G., Garnett, A., Lewis, P. and O'Brien, T., Pearson 2nd ed. 2009
Text refers to: Semester 1 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
2 x Online quizzes 10% Off Campus
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-5 GA: 1, 2, 6
Assignment 1 30% Summer Only
Assessment Notes
Word length is not applicable owing to the numerical/graphical nature of the questions.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-5 GA: 1, 2, 6
Assignment 1 20% On Campus
Assessment Notes
Word length is not applicable owing to the numerical/graphical nature of the questions.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-5 GA: 1, 2, 6
Assignment 1 20% Off Campus
Assessment Notes
Word length is not applicable owing to the numerical/graphical nature of the questions.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-5 GA: 1, 2, 6
Tutorial 10% On Campus
Assessment Notes
attendance and participation
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-5 GA: 1, 2, 6
Final Examination 70% On/Off Campus and Summer
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO:1-5 GA: 1, 2, 6

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. understand the economic way of thinking;
  2. interpret material presented in a graphical and mathematical form;
  3. present material in a graphical and mathematical form using economic terminology in a clear and concise manner;
  4. use these forms and way of thinking to solve economic problems; and
  5. understand and demonstrate the key concepts and principles in economics.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
This is taught throughout the semester, assessed and practised. 		True True True
2 Communication Skills
For in-campus students, oral communication skills are assessed and practised during tutorials. In terms of written communication skills, both on- and off-campus students are assessed and practise in the assessments. 		True True
4 Information Literacy
Students are required to access various websites to obtain the most recent economic statistics and news. Online participation is required. 		True True
6 Problem Solving
Problem solving skills are taught through the knowledge of the discipline, assessed and practised. 		True True True
   

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