ECON10004 Introductory Microeconomics
University of Melbourne · Level 1 · 12.5 points · Runs in 2026: Summer, Semester 1, Semester 2.
- Final exam 50%
Is ECON10004 hard?
ECON10004: About average. Makes it easier: First-year subject. Makes it harder: You must pass the exam on its own. The easier and harder points roughly balance out.
What you learn
How markets, firms and governments decide on prices and use limited resources.
After it you can
- Use supply and demand to explain prices
- Judge when government intervention helps
- Analyse strategic choices with game theory
What you need first
None
- MAST10012 Introduction to Mathematics
- MAST10014 Foundation Mathematics 1
- MAST10015 Foundation Mathematics 2
What it leads to
- AGRI30043 Resource Management Economics
- BUSA20001 Visualisation and Data Wrangling
- ECON10003 Introductory Macroeconomics
- ECON20002 Intermediate Microeconomics
- ECON20004 Environmental Economics and Policy
- ECON20005 Competition and Strategy
- ECON20006 Business Economics and e-Commerce
- ECON20007 Globalisation and the World Economy
- ECON20008 Australian Economic History
- ECON20011 Sports Economics
- PROP20002 Design and Property Principles
- PROP20003 Design and Property Industry Studies
How it’s assessed
Tests 25%, Assignments 15%, Participation 10%, Final exam 50%
Student reviews and ratings
Summarised from 10 students on StudentVIP (2019–2026)
- The maths can be heavy; brush up on high school maths methods, especially for messy algebra questions in the exam.
- Recent reviews say the final exam is tough, and scoring at least 50% on it is a hurdle to pass.
- Many, including non-commerce students, found the content interesting and manageable with steady effort.
- Use library past papers to see the exam style, as practice papers may not be released directly.
A summary of public reviews, not scored here.
Taken this subject? Rate it anonymously (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Rate ECON10004
Quick answers
- When is ECON10004 offered?
- Runs in 2026: Summer, Semester 1, Semester 2.
- What do I need before taking ECON10004?
- Needs None.
- Does ECON10004 have a final exam?
- Yes, the final exam is 50% of the mark. You must pass the exam on its own. Assessment: Tests 25%, Assignments 15%, Participation 10%, Final exam 50%.
- Is ECON10004 hard?
- From 10 student reviews on StudentVIP: The maths can be heavy; brush up on high school maths methods, especially for messy algebra questions in the exam.
- What do students say about ECON10004?
- The maths can be heavy; brush up on high school maths methods, especially for messy algebra questions in the exam. Recent reviews say the final exam is tough, and scoring at least 50% on it is a hurdle to pass. Many, including non-commerce students, found the content interesting and manageable with steady effort.
- Can I take ECON10004 as breadth?
- Yes, for: Bachelor of Arts, Bachelor of Biomedicine, Bachelor of Design, Bachelor of Fine Arts (Acting), Bachelor of Fine Arts (Animation), Bachelor of Fine Arts (Dance), Bachelor of Fine Arts (Film and Television), Bachelor of Fine Arts (Music Theatre), Bachelor of Fine Arts (Production), Bachelor of Fine Arts (Screenwriting), Bachelor of Fine Arts (Theatre), Bachelor of Fine Arts (Visual Art), Bachelor of Music, Bachelor of Science.
- What can I take after ECON10004?
- 12 subjects need it first, for example AGRI30043, BUSA20001, ECON10003, ECON20002.
- Can I rate ECON10004?
- Yes. If you've taken it, rate it anonymously on this page (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Averages show once 3 students have rated it; tips are checked before they appear.
Source: University of Melbourne Handbook 2026
Always confirm in the official Handbook.
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