Introduction to Microeconomics

ECON A231

Course Guide

ECON A231

Course Guide

Introduction to Microeconomics

Course Start Date

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Course Level

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Length in Terms

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Credits

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Language

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Fees ($) (including lab fees)

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Future Terms

Quota and Schedule

Course Start Date	Course Level	Length in Terms	Credits	Language	Fees ($) (including lab fees)	Future Terms
N/A	N/A	N/A	N/A	N/A	N/A

Quota and Schedule

Course Coordinator: Dr Eddie Cheung, BCom (Sydney); MSc (LSE); PhD (ANU)
Course Developer: Yuka Chan, HKMU

ECON A231 introduces the principles of microeconomics, and demonstrates how these principles apply to current economic issues, especially those related to the economy of Hong Kong.

You are advised to have already studied a foundation-level course before attempting this course.

Aims
This course aims to provide students with an introduction to the microeconomics concepts needed to understand current economic and business issues. It provides practice in applying economic analysis and is designed to improve learners' understanding of how the economy operates.

Contents
The course covers the following topics:

Demand, supply and markets
Firm organization, production and cost
Market structure and market power
Factor markets
Externalities, regulation and the public sector

Learning support
There will be eight two-hour tutorials and a four-hour day school

Assessment
There are two assignments and a final examination. Students are required to submit assignments via the Online Learning Environment (OLE).

Set book(s)
Mankiw, N G, Quah, E and Wilson, P (2021), Principles of Economics: An Asian Edition, 3rd edn, Cengage.

(The textbook will be provided to students.)