25562 Economics of the Firm

6cp
Requisite(s): 25622 Quantitative Business Analysis
These requisites may not apply to students in certain courses.
There are also course requisites for this subject. See access conditions.
Undergraduate

This subject is designed to equip students to play an important role in managerial decision making by strengthening their understanding of the microeconomics of firms and industry. The subject combines a solid grounding in microeconomic principles with applications to various real-world business problems. Topics include: demand analysis and optimal pricing in various market structures; production and cost decisions; cost-benefit analysis; strategic behaviour in highly concentrated markets; and the problems of market failure.

For detailed information, see the full subject description at:
http://www.business.uts.edu.au/courses/subject/syllabus/25562.pdf

Typical availability

Spring semester, City campus

Fee information

2006 contribution for 2005/06 commencing Commonwealth-supported undergraduate students: $872.38
2006 amount for undergraduate domestic fee-paying students: $2,220.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2006 for 2005/06 commencing Commonwealth-supported and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported undergraduate students should consult the Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Other students (such as postgraduate students and international students) should refer to the Fees webpage.

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.