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
Requisites
Prohibition
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