University of Technology, Sydney

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23567 Intermediate Microeconomics

Requisite(s): 23566 Economics for Business 2 OR 25566 Economics for Business 2 OR 23000 Principles of Microeconomics
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 25562 Economics of the Firm AND 25567 Intermediate Microeconomics



This subject extends students' knowledge and understanding of microeconomic phenomena and the environment within which consumers and businesses operate, as developed in introductory economics subjects. It develops the ability of students to analyse and critically evaluate these microeconomic issues by equipping them with formal concepts and models.

Issues considered in this subject include the theory of consumer choice, competitive strategy and firm behaviour under various market structures, comparative welfare outcomes produced by different market forms, externalities arising from market failure such as pollution and environmental issues, and analysis of public goods. The subject prepares students for further study in a range of specialised microeconomic fields.

Detailed subject description.

Fee information

Information to assist with determining the applicable fee type can be found at Understanding fees.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at access conditions and My Student Admin.