|Student Contribution Band:||Band 4|
|Administered by:||College of Business, Law & Governance|
Microeconomics is the branch of economics that relates to individual decision making, such as the choices that individuals and businesses have to make after taking into account costs, resources, scarcity and opportunity cost. In addition, it introduces students to how governments work to control markets. Business decision making in different types of market structures will be explored in the subject. Central themes include how and why markets work to allocate resources, why they may fail to work. Students will learn to apply economic theories to real world examples and problems. The subject provides a good foundation for students proceeding to higher level study of economics and its specialties
|JCU Singapore, Study Period 53, Internal|
|Census Date 02-Dec-2021|
|Coordinator:||Dr Sook Rei Tan|
|Lecturer:||Ms EeLin Goh.|
The student workload for this 3 credit point subject is approximately 130 hours.
Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.