Late Assessment Submission Penalty:

Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.  For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration.

The delivery format of this Unit is as follows:

1. Lectures: (1 hour pre-recording + 1 hour face-to-face). Every week, students are expected to attend the pre-recorded lecture before the f2f lecture on Wednesday 3 – 4pm at 23WW T1 Lecture Theatre. The weekly f2f lectures will be live-streamed for the online students. The f2f lectures will also be recorded and made available later on ECHO360. During the f2f lectures, we will focus on the applications given that the pre-recorded already focus on the theoretical parts.  
2. One hour tutorial which can be in person (on campus) or online (via zoom) depending on your class registration. In the tutorial class we will discuss the practice questions which will strengthen your discipline knowledge, improve your critical thinking and problem-solving skills which altogether increase your capability of work readiness. Ask your tutor for guidance on how to approach questions and problems. Brief tutorial solutions will be posted on iLearn after completion of all classes each week.

Prescribed textbook

Students are recommended to purchase the following textbook:

• Goolsbee, A, Levitt, S.. & Syverson, C, (2024) Microeconomics (4th Ed.), Macmillan.

Additional references (in alphabetical order)

Apart from the prescribed textbook, students may find the following resources useful.

• Frank, R.H. (2010), Microeconomics and Behavior (8th Ed), Boston: McGraw-Hill.

• Nechyba, T.J. (2011), Microeconomics: An Intuitive Approach with Calculus (1st Ed), South-Western.
• Perloff, J.M. (2016) Microeconomics (7th Ed), Pearson

• Pindyck R.S. and Rubinfeld D.L. (2017), Microeconomics (9th Ed), Pearson International Edition.
• Varian, H.R. (2014), Intermediate Microeconomics: A Modern Approach (9th Ed), New York: Norton.

For equity concerns, the library has assisted ECON2003 with placing scanned resources from a variety of resources on the library's e-Reserve website. If you are facing financial difficulties in obtaining a textbook, this could be an option for you.

Technology used and required

The unit uses the learning management system (iLearn) that can be accessed via iLearn.mq.edu.au. The lecture slides for each week’s lecture will be posted on iLearn each week well in advance before the lecture.

The iLearn site is also used to post important notices. You should check this regularly. The  iLearn web page has the facility to allow peer to peer discussion and also allows students to put questions to an Online-Tutor. The Online-Tutor will attempt to answer your questions in a timely manner.

Email use

It is University policy that the University issued email account will be used for official University communication. All students are required to access their University account frequently. Only contact Macquarie University staff (including tutors), using your official MQ student’s account because this is one method used to verify your identity.