This unit encompasses a broad ranging introduction to economic theory and analysis as well as a study of some applications of economics to economic systems and to enterprises. You will be required to study microeconomics (how individual businesses and sectors operate) and macroeconomics (how an economy works as a whole). You will also be required to gain some understanding of why institutions are very important in an economy, and how internal and international trade creates economic wealth. Key goals in the unit will be to raise awareness of the importance of economic systems, introduction to the different fields of economic theory that are relevant to business, and develop some analytical skills. If you have successfully completed the unit ECON20023 you should not enrol in this unit.
|Student Contribution Band
|Fraction of Full-Time Student Load
All on-campus students are expected to attend scheduled classes – in some units, these classes are identified
as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa,
must maintain a full time study load and meet both attendance and academic progress requirements in each study
period (satisfactory attendance for International students is defined as maintaining
at least an 80% attendance record).
Term 1 - 2017
This unit has a website, within the Moodle system, which is available two weeks before the start of term. It is important that you visit your Moodle site throughout the term.
Go to Moodle