Overview

Microeconomics: scarcity; economic choice; economic systems; economic ideology; demand and supply analysis; consumer behaviour and elasticity; costs of production and profit maximisation; perfect competition and monopoly. Macroeconomics: aggregate demand and aggregate supply; Keynesian versus Neoclassical approaches; the money market and monetary policy; the government budget deficit and fiscal policy; the … For more content click the Read More button below.

Offerings

S1-01-CAULFIELD-FLEXIBLE
S1-01-CLAYTON-FLEXIBLE
S2-01-CAULFIELD-FLEXIBLE
S2-01-CLAYTON-FLEXIBLE

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Associate Professor He-Ling Shi

Notes

ECX2953 may only be undertaken by students who are completing a Major in Accounting in a double degree with one of our partner Faculties and are seeking Professional Accreditation.

Learning outcomes

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

have a basic understanding of the methodology and principles of economics

2.

have a basic understanding of microeconomics and macroeconomics

3.

present arguments and make decisions in the economic environment.

Teaching approach

Problem-based learning
Active learning
Research activities

Assessment

1 - Within semester assessment
2 - Examination

Scheduled and non-scheduled teaching activities

Seminars
Tutorials

Workload requirements

Workload