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NQF credits: 30

Fifth year status‚ first semester‚ two double lectures and one double tut per week.

Course Convenor: A / Professor  Justine Burns

Entrance requirements: ECO4007F Microeconomics or equivalent or at the discretion of the Head of Department.

Course outline:

This is a course in economic theory‚ covering consumer theory‚ production‚ uncertainty‚ general equilibrium‚ game theory‚ oligopoly‚ and introduction to contracts‚ with selected applications to economic policy and business decisions. The level‚ readings‚ and format represent a condensed version of what has become the international standard for the graduate sequence in core microeconomic analysis at the masters and doctoral level. Basic to intermediate mathematic tools (from calculus‚ linear algebra‚ basic probability‚ and some rudiments of analysis) will be used extensively in order to present economic ideas with clarity and conciseness. Candidates should note that the course is analytically demanding and relatively intense‚ and will be expected to read the material before classes. Detailed reading lists will be provided by the instructors.

DP requirements: None.

Assessment: Assignments‚ tests and examination count 100%.

Last updated : 15 Jul 2015



Staff Members on this course :

Prof. Justine Burns Professor

021 650 3506
Justine.Burns@uct.ac.za
5.03, The School of Economics, New Building, Middle Campus.
View Staff Profile

Research Area / Interest :
Microeconomics; labour; poverty and income distribution; rural development; institutional economics







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