Historical snapshot — AY2021/2022 Semester 1 · View current offering →

Microeconomics I

AY2021/2022 Semester 1

This course gives students a basic grasp of economic theory as well as the ability to apply economic principles to real-world problems. The course addresses the decision-making of small economic units - consumers, firms and markets. Topics covered include cost-benefit principles, opportunity cost, laws and elasticity of demand and supply, utility maximization, the concept of the margin, indifference curves, profit maximization, market equilibrium and efficiency, market structure, market failure, public choice, externalities and property rights, the economics of public policy and of public goods.

AUs	3.0 AUs
Categories	Core
Mutually Exclusive With	AB0901, HE5091, HE9091
Exam

Available Indexes

	Mon		Tue
1030	COMMON LEC (LEC1) 1030-1220 Mon ONLINE	COMMON LEC (LEC) 1030-1220 Mon ONLINE
1100
1130
1200
1230			19507 TUT (T5) 1230-1320 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2	19507 TUT (T5) 1230-1320 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2
1300
1330	19574 TUT (T1) 1330-1420 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19574 TUT (T1) 1330-1420 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19508 TUT (T6) 1330-1420 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2	19508 TUT (T6) 1330-1420 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2
1400
1430	19504 TUT (T2) 1430-1520 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19504 TUT (T2) 1430-1520 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19509 TUT (T7) 1430-1520 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2	19509 TUT (T7) 1430-1520 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2
1500
1530	19505 TUT (T3) 1530-1620 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19505 TUT (T3) 1530-1620 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19510 TUT (T8) 1530-1620 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2	19510 TUT (T8) 1530-1620 Tue LHS-TR+50, ONLINE Wk3-13, Teaching Wk2
1600
1630	19506 TUT (T4) 1630-1720 Mon TR+80, ONLINE Wk3-13, Teaching Wk2	19506 TUT (T4) 1630-1720 Mon TR+80, ONLINE Wk3-13, Teaching Wk2
1700