18 NQF credits at HEQSF level 6
Course entry requirements: ECO1010F/S/H/X and one of the following Mathematics courses: MAM1000W MAM1002W, MAM1010F/S, MAM1012F/S, MAM1004H, MAM1005H, MAM1006H, or STA1001F/H. Students will be allowed to register for ECO2003 if they obtained at least 40% for MAM1000W. No concessions will be granted to students who obtained less than 40% for MAM1000W.
The course consumer and producer and explores markets under perfect and imperfect competition. The course introduces the concept of uncertainty and how different agents respond to uncertainty. The course also considers industrial , looking at models that relax the critical assumptions of perfect competition. All sections of the course incorporate applications.
Lecture times: 09h00 – 10h00 Monday, Tuesday, Wednesday, Thursday, Friday,12h00 – 13h00 Monday, Tuesday, Wednesday, Thursday, Friday,13h00 – 14h00 Monday, Tuesday, Wednesday, Thursday, Friday
DP requirements: All class tests and essays/projects to be completed, and a weighted average mark of 30% for the tests, essays/projects tutorials homework must be achieved. Only students who have obtained DP certificates may write the final examination.
Assessment: Coursework: 50%; Exam: 50%. The course outline will detail the breakdown for submission weightings and variation for exemptions and absences.
Last updated : 18 Apr 2018