MAE201 - Competition and Industry
Unit details
| Year | 2017 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit chair: | S Vaidya |
| Prerequisite: | MAE101 |
| Corequisite: | Nil |
| Incompatible with: | MAE206 |
| Contact hours: | Campus: 1 x 2 hour class and 1 x 1 hour seminar per week Cloud (online): Online independent and collaborative learning activities including 3 scheduled online seminars |
Content
The unit aims to extend the theory of microeconomics topics developed in MAE101 to explain the behaviour of consumers and firms in the market system. The following topics are studied at an intermediate level: consumers make decisions; the firm and models of production; and the influence of markets structures on price and output levels. The unit goes beyond basic microeconomics to look at many issues in contemporary fields of economics.
Assessment
Test(s) Cloud (Online) 20%
Written Assignment 1500 words 20%
Examination 2 hours 60%
Hurdle requirement: achieve at least 50% of the marks available on the examination
Unit Fee Information
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