ECO10003 12.5 Credit Points Hawthorn, Online, Sarawak


  • One teaching period

Contact hours

  • 36 contact hours

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.


ECO10002 Microeconomics

Aims and objectives

The unit aims to provide students with the theoretical and analytical skills to understand and interpret the likely impact of macroeconomic conditions on a business, industry, and economic policies.
The unit will examine various economic models to determine the level of economic acitivity both domestically and at an international level. Students will explore how unemployment, prices, GDP growth and external balance can impact on national economies.
On successful completion of this unit, students will be able to:
1. Interpret economic data, and use graphs to represent economic theory and practice
2. Identify and communicate the main issues of concern to the Australian economy and assess the potential impact of those issues on government, business and individuals.
3. Articulate culturally sensitive and ethical reasoning to changes in economic policy and activity
4. Argue and defend conflicting objectives of economic policy.

Courses with unit

This is a unit of study in the Bachelor of Business suite of courses from 2014.
Also formerly known as ECO20002, HBE220N, LBE200, ECO101 (OUA)