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 who wish to register this course need to have failed the course previously or have been denied entry because they did not meet the Mathematics requirements. Alternatively, they need to prove that by registering for the course it would allow them to finish their degree at least 6 months earlier than had they not done the summer term course. Students may not register for both ECO2003P and ECO2004P simultaneously. To register for this course, permission is required from the School of Economics
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 – 12h00 Monday, Tuesday, Wednesday, Thursday and 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: Classwork: 50%; Exam: 50%. The course outline will detail the breakdown
submission weightings and variation for exemptions and absences.
Last updated : 18 Apr 2018