- Code IDEC8029
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject International and Developmental Economics
- Areas of interest Economics, Applied Economics
- Academic career PGRD
- Prof Paul Burke
- Mode of delivery In Person
First Semester 2023
See Future Offerings
This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes.
This course will explore decision-making by individuals and firms in the context of real-world situations in which behaviour is often strategic in nature and information is imperfect. The course covers a set of key topics in microeconomics, including game theory, decision making under uncertainty, monopoly, imperfect competition, situations of asymmetric information, and an introduction to behavioural economics. A range of policy options available to governments will be analysed.
Upon successful completion, students will have the knowledge and skills to:
- Understand the implications of relaxing the assumptions of perfect competition, certainty, and full information on market outcomes within basic microeconomic models.
- Understand and apply key tools for analysing the microeconomics of uncertainty, imperfect competition, asymmetric information, and behavioural economics.
- Competently use graphs, algebra, and game theory for microeconomic analysis.
- Analyse potential policy interventions to deal with issues related to uncertainty, imperfect competition, asymmetric information, and behavioural economics.
- Quiz (10) [LO 1,2,3]
- Mid-semester exam (30) [LO 1,2,3,4]
- Group problem set (5) [LO 1,2,3,4]
- Contribution to class discussion forum (5) [LO 1,2,3,4]
- Final exam (50) [LO 1,2,3,4]
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The standard workload for a 6 unit course is 130 hours including class time and independent study.
Nicholson, W & Snyder, C 2021, Intermediate Microeconomics and its Application, 13th edn, Cengage Learning.
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
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