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Overview

The first part of the course deals with individual decision making and basic game theory. Fundamental topics covered include utility maximisation, expenditure minimisation, duality, welfare changes, and decision making under uncertainty. Producer theory and market equilibrium may also be discussed, along with an introduction to basic game theory which is … For more content click the Read More button below. The second part of the course builds on the first by exploring economic environment with asymmetric information (asymmetric information, signalling and screening), as well as other topics in contract theory such as principal-agent problems and incomplete contracts.

Conditions for Enrolment

Pre-requisite: ECON7004 OR (co-requisite: ECON7004 and in program 1540)

Delivery

In-person - Standard (usually weekly or fortnightly)

Please note that the above delivery information is an indication on how this course may be delivered within the year.  Delivery mode(s) for each term can be viewed on other sources such as myUNSW and class timetable site.

This Handbook is a comprehensive catalogue of our offerings and includes courses that can be taken to satisfy program requirements irrespective as to their availability for a particular year. Availability of courses is best checked using filters on this site or on the class timetable site.

Course Outline

To access course outline please visit below link (Please note that access to UNSW Canberra course outlines requires VPN):
ECON7001 Course Outline

Fees

TypeAmount
Commonwealth Supported Students (if applicable)$1829
Domestic Students$4470
International Students$6150

Disclaimer

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Commonwealth Supported Students:

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Where a Commonwealth Supported fee is displayed it does not guarantee that such places are available.

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)
Pre-2019 Handbook Editions