Economics

ECO80001 12.5 Credit Points Hawthorn, Online, Sarawak Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours

2020 teaching periods

Hawthorn

Higher Ed. Semester 2

Dates:
3 Aug 20 - 1 Nov 20

Results:
8 Dec 20

Last self enrolment:
16 Aug 20

Census:
31 Aug 20

More teaching periods

Swinburne Online

Teaching Period 3

Dates:
2 Nov 20 - 7 Feb 21

Results:
2 Mar 21

Last self enrolment:
15 Nov 20

Census:
27 Nov 20


Prerequisites

Nil

Corequisites

Nil

Aims and objectives

This unit is designed to provide students with skills and practice of understanding, interpreting and evaluating microeconomic and macroeconomic issues. In particular the unit focuses on developing students' ability to apply these skills to real world applications of relevance to accountants and other business professionals.

Student who successfully complete this unit will be able to:
 
1 Apply coherent and advanced knowledge of the workings of markets.
 
2 Apply problem solving methodologies to provide innovative solutions to pricing and output decisions.
 
3 Critically analyse and apply key economic principles relevant to managerial decision making.
 
4 Critically analyse current economic issues and policies using a systematic framework.
 
5 Demonstrate analytical and research skills and problem solving as applied to economic scenarios either individually or collaboratively