The wall thickness of the finished part should 0.5mm
Calibrate your firmware so that when you tell it to extrude 100mm it extrudes exactly 100mm +/- 0.02mm (use a caliper)
set your filament diameter (also measured with a caliper) and your packing density (1 for pla and ~0.95 for abs)
after that, no matter what else you change (layer height, nozzle diameter, infill width / thickness) don't matter. The same amount of material will be extruded for a given fill ratio.
Those other variables will only effect print quality.
For sfact the names are different:
packing density = E-steps corrector
If you want a 0.5mm extrusion, change extrusion width to 0.5 and layer height to 0.3