Overview

This unit provides you with an introduction to microeconomics. You will be given the tools to understand basic economic ideas and to apply their learning to analyse economic applications in everyday life. It begins with an introduction to supply and demand and the basic forces that determine an equilibrium in … For more content click the Read More button below.

Offerings

S1-01-CAULFIELD-ON-CAMPUS
S2-01-CAULFIELD-ON-CAMPUS

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Dr George Rivers
Mr Marco Lecci

Unit Coordinator(s)

Mr Marco Lecci

Notes

Optional Peer Assisted Study Sessions (PASS) run in this unit.

Learning outcomes

On successful completion of this unit, you should be able to:
1.

evaluate the 'economic way of thinking' about a broad range of individual, business and government choices and decisions

2.

apply economic principles to evaluate economic institutions, economic decisions and performance

3.

recognise regulatory and political environments and how they impact on business.

Teaching approach

Active learning

Assessment

1 - Exercise
2 - Exercise
3 - Written
4 - Quiz / Test
5 - Examination

Scheduled and non-scheduled teaching activities

Workshops

Workload requirements

Workload

Learning resources

Required resources