- Class Number 1148
- Term Code 3120
- Class Info
- Unit Value 0 units
- Mode of Delivery Online
- Dr Thomas Longden
- Dr Thomas Longden
- Class Dates
- Class Start Date 27/01/2021
- Class End Date 19/02/2021
- Census Date 19/02/2021
- Last Date to Enrol 15/02/2021
The course is designed to familiarize students with selected important topics in microeconomic theory, including consumer theory and producer theory. As a preparatory course, the class environment will be structured to help students become familiar with the ANU teaching environment, resources available to students, and requirements of formal coursework. In-class exercises are an important component of teaching in the course. Student participation in discussion of issues in microeconomics and study at ANU more broadly is also highly encouraged. An objective of the course is to provide students with an understanding of their strengths and weaknesses in microeconomics and help provide a strategy for students to improve on any weaknesses.
Examination Material or equipment
Hand-held calculators are permitted.
Intermediate Microeconomics and its Application
Author: Nicholson, W & Snyder, C
Publisher: Cengage Learning
Availability: Available as an ebook from https://au.cengage.com/c/intermediate-microeconomics-and-its-application-44-12th-edition-12e-nicholson-snyder/9781133189039/
Price: $74.95 (AUD)
This textbook is also the course textbook for IDEC8016 Microeconomic analysis and policy and IDEC8029 Issues in applied microeconomics
Any additional materials will be provided via Wattle.
Staff FeedbackStudents will be given feedback in the following forms in this course:
- Written comments
- Verbal comments
- Feedback to the whole class, to groups, to individuals, focus groups
Student FeedbackANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.
|Week/Session||Summary of Activities||Assessment|
|1||Introduction (NS Chapter 1) Topic 1 - Utility, choice, demand and supply Utility and choice (NS Chapter 2)||Multiple choice quiz|
|2||Topic 1 - Utility, choice, demand and supply (cont.) Demand (NS Chapter 3) Supply (NS Chapter 9 - section 9.3-9.5,9.9) Topic 2: Producer theory Production functions (NS Chapter 6)||Short answer assignment|
|3||Topic 2: Producer theory (cont.) Cost functions (NS Chapter 7) Profit maximisation (NS Chapter 8) Topic 3: Perfect competition Long-run changes (NS Chapter 9 - section 9.10)||Group assignment|
|4||Overview of topics covered (all topics)||Final exam|
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Multiple choice quiz||10 %||31/01/2021||01/02/2021||Basic microeconomic concepts|
|Short answer assignment||10 %||05/02/2021||09/02/2021||Demand and Supply|
|Group Assignment||30 %||11/02/2021||15/02/2021||Changes in Demand and Supply|
|Final Exam||50 %||18/02/2021||*||All topics and concepts|
* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details
PoliciesANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:
- Student Assessment (Coursework) Policy and Procedure
- Special Assessment Consideration Policy and General Information
- Student Surveys and Evaluations
- Deferred Examinations
- Student Complaint Resolution Policy and Procedure
Assessment RequirementsThe ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.
Moderation of AssessmentMarks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.
Active participation in discussions is highly encouraged.
All online materials should be studied.
During the period of instruction there will be a range of assessments (quiz, short answer assignment and group assignment) that will determine 50% of the assessment marks.
The final exam will determine 50% of the assessment marks.
Assessment Task 1
Learning Outcomes: Basic microeconomic concepts
Multiple choice quiz
An online quiz will be held to review the basic concepts covered in the first week of the course.
Assessment Task 2
Learning Outcomes: Demand and Supply
Short answer assignment
A series of short answer questions will be asked of students to familarise them with the format of the final exam of the course.
Assessment Task 3
Learning Outcomes: Changes in Demand and Supply
The group assignment will be a task that will be worked on in groups. Each student will submit their own write up of the task.
Assessment Task 4
Learning Outcomes: All topics and concepts
The Final Exam will be a multiple-choice and essay based test that will cover all material presented in the course.
Academic IntegrityAcademic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.
Online SubmissionThe ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Hardcopy SubmissionFor some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.
Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.
Referencing RequirementsAccepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.
Extensions and PenaltiesExtensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.
Distribution of grades policyAcademic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.
Support for studentsThe University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
- ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
- ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
- ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
- ANUSA supports and represents undergraduate and ANU College students
- PARSA supports and represents postgraduate and research students
Dr Thomas Longden
Dr Thomas Longden