THE UNIVERSITY OF SYDNEY
ECOS2001: Intermediate Microeconomics
Final Examination Guide and Notes 2023
 
Part A: About This Guide
Part B: Sample Final Examination Paper
Part C: Suggested Solutions to Final Exam Paper
Part D: Final Examination - Hints and Tips
 
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University of Sydney - ECOS2001: Intermediate Microeconomics

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ACADEMIC YEAR 2022 - 2023

University	University of Sydney
Study Level	Undergraduate
Unit Code	ECOS2001
Unit Name	Intermediate Microeconomics
Study Materials	Final Examination Guide and Notes
Page Length	30

This comprehensive study material will help you understand how the ECOS2001: Intermediate Microeconomics final examination at the University of Sydney in 2023 will be assessed, structured, and the likely style and range of questions. This guide has been thoroughly updated to cover all the topics included in the latest edition of the exam. You don’t need to be an expert in the unit; you just need a basic understanding and the ability to quickly recall the information you have learned. You can use this guide as a reference to enhance your understanding of the topics and improve your performance in the end-of-semester final examination.

The aim of Intermediate Microeconomics is the development of theoretical and applied skills in economics. It covers applications and extensions of the theory of consumer choice, firm behaviour and market structure. Emphasis is given to the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; markets for factors of production; general equilibrium and economic efficiency; market failure and the role of government. This unit provides a basis for the more specialised options that comprise third year economics.

Major topics to be covered include:

Supply and Demand
Using Supply and Demand to Analyse Markets
Consumer Behaviour
Individual and Market Demand
Producer Behaviour
Costs
Supply in a Competitive Market
Market Power and Monopoly
Pricing Strategy for Firms with Market Power
Imperfect Competition
Game Theory
General Equilibrium
Asymmetric Information
Externalities and Public Goods

UNIT CODE	UNIT NAME
ACCT2011	Reporting on Business Performance
ACCT2019	Accounting Analysis for Management Decisions
ACCT3011	Reporting on Business Groups
BUSS1020	Quantitative Business Analysis
BUSS1030	Accounting, Business and Society
CLAW1001	Foundations of Business Law
CLAW3201	Australian Taxation System
ECMT1010	Introduction to Economic Statistics
ECON1001	Introductory Microeconomics
ECON1002	Introductory Macroeconomics
ECOS2001	Intermediate Microeconomics
ECMT1020	Introduction to Econometrics
ECMT3120	Applied Econometrics
ECMT3130	Forecasting for Economics and Business
ENVX1002	Introduction to Statistical Methods
FINC3019	Fixed Income Securities
FINC2011	Corporate Finance I
FINC2012	Corporate Finance II
FINC3012	Derivative Securities
FINC3017	Investments and Portfolio Management
MKTG1001	Marketing Principles
WORK1003	Foundations of Work and Employment

University of Sydney - ECOS2001: Intermediate Microeconomics

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