BUS361: Microeconomics B

Review the methods used in intermediate microeconomics to analyse decision making. Students are introduced to: property rights and agency problems in business, the location decision of business and the economics of spatial networks, the modern economic analysis of market failures due to adverse selection and moral hazard. Students are equipped with an understanding of the recent exciting advances that economics has made in the analysis of decision making when information is both complete and incomplete.

Points	4
Enrolment Options	Murdoch: S2-internal, S2-external
Contact Time	Lectures: 2 hours per week; tutorials: 1 hour per week.
Prerequisites	C261/BUS261 Microeconomics A. Co-requisite: Internet access if studying externally.
Exclusions	Students who have successfully completed C334 Microeconomics B or C303 Economic Analysis and Policy may not enrol in this unit for credit.
School	School of Business
Unit Coordinator	Dr Kumar Sathiendrakumar Position: Senior Lecturer - Economics E-mail: R.Sathiendrakumar@murdoch.edu.au Location: Murdoch Campus Economics, Commerce and Law Room 4.018 Phone: Prefix: +618 9360 2838
Unit Contacts	Contact Phone Prefix: +618 Location Explanation of Location Codes Teaching Period(s) Dr Kumar Sathiendrakumar Senior Lecturer - Economics (R.Sathiendrakumar@murdoch.edu.au) 9360 2838 Murdoch Campus Economics, Commerce and Law Room 4.018 MURDOCH S2: Internal (02/08/2010 - 26/11/2010)   MURDOCH S2: External (02/08/2010 - 26/11/2010)

Check the Teaching Timetable Search for a Booklist for BUS361 View Reserve and ECMS resources for BUS361 View further details in the Handbook

Key to Offshore Campus Location abbreviations: APMISIN Asia Pacific Management Institute (Singapore) CEJTOKYO Chiropractic Education Japan (Tokyo) JKURASHIKI NET Corporation (Kurashiki, Japan) KDUPG KDU College (Penang, Malaysia) KDUPJ KDU College (Petaling Jaya, Malaysia) SGP-REPOLY Republic Polytechnic (Singapore) SMANUFED Singapore Manufacturing Federation ZHENGZHOU Zhengzhou University (China)