LA TROBE UNIVERSITY

ECO2CFC: Consumers, Firms and Competition

Final Examination Guide and Notes 2026

Part 01. About This Guide

Part 02. Sample Final Examination Paper

Part 03. Suggested Solutions to Final Exam Paper

Part 04. Final Examination - Hints and Tips

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La Trobe University - Consumers, Firms and Competition (ECO2CFC)

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ACADEMIC YEAR 2025 - 2026

University	La Trobe University
Subject Code	ECO2CFC
Subject Name	Consumers, Firms and Competition
Credit Points	15
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	30

Prepare for your ECO2CFC: Consumers, Firms and Competition final examination at La Trobe University with the most comprehensive study aid available. This guide includes exam-style questions and insights into common examination pitfalls. Thoroughly revised to incorporate the latest updates from the recent exam edition, it presents sample questions alongside detailed answer guides. These resources will help you grasp question styles and identify priority topics for review as you prepare for the final. Presented in clear and concise language, this guide is perfect for students gearing up for the subject's concluding examination.

In this subject you will build on the knowledge developed in your first year economics subjects, developing skills that are essential for undertaking applied microeconomic policy analysis in both private and public sectors. You will focus on consumer and producer decisions using a range of approaches, considering market equilibrium under different degrees of competitiveness, including perfect competition, monopoly and the impact of market power.

✔ On successful completion you will be able to:

Apply analytical reasoning to demonstrate and explain the incentives faced by individuals, firms, other non-government groups and the state.
Analyse consumer, household and producer decisions demonstrating and explaining relevant economic trade-offs.
Use models of consumer and producer decision-making to critically evaluate the welfare implications of different equilibria and critically evaluate the case for policy interventions by government.

SUBJECT CODE	SUBJECT NAME
ACC2CAD	Cost Information for Decision Making
ACC2CRE	Financial Accounting and Reporting
ACC3AFA	Advanced Accounting
ACC3TAX	Taxation
BUS1002	Business Analysis and Modelling
BUS1BUE	Markets, Policy and the Economy
ECM2001	Economic Data Analysis
ECO2CFC	Consumers, Firms and Competition
FIN1FOF	Fundamentals of Finance
FIN2002	Corporate Finance
FIN2SEV	Investment Securities
FIN3001	Derivatives and Risk Management
FIN3IPM	Portfolio Management
LST1001	Introduction to Business and Company Law
MGT1OBE	Organisational Behaviour
MKT1003	Marketing Fundamentals
MKT1MDP	Principles and Practices of Marketing

Updated for 2026

La Trobe University - Consumers, Firms and Competition (ECO2CFC)

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