University of Technology Sydney

23567 Intermediate Microeconomics

Requisite(s): 23566 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, firm behaviour, comparative welfare outcomes produced by different market forms and externalities arising from market failures such as pollution.

The subject equips students with formal concepts and tools that are essential for further study in a range of specialised microeconomic fields.

Detailed subject description.

Fee information

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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.