Late Submission Penalties

If you submit your assessment late, 5% of the total possible marks will be deducted for each day (including weekends), up to 7 days. Submissions more than 7 days late will receive a mark of 0.

Example 1 (out of 100):

If you score 85/100 but submit 20 hours late, you will lose 5 marks and receive 80/100.

Example 2 (out of 30):

If you score 27/30 but submit 20 hours late, you will lose 1.5 marks and receive 25.5/30.

Extensions

Automatic short extension: Some assessments are eligible for automatic short extension. You can only apply for an automatic short extension before the due date.

Special Consideration: If you need more time due to serious issues and for any assessments that are not eligible for Short Extension, you must apply for Special Consideration. Need help? Review the Special Consideration page for further details.

The delivery format of this Unit is as follows:

1. Lectures: (2 hour face-to-face). Every week,  Wednesday 1 – 3pm at 23WW T2 Lecture Theatre (subject to change). 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.  
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 all classes are completed 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.