units

ECB1102

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedBerwick Second semester 2014 (Day)
Coordinator(s)Dr Jaai Parasnis

Synopsis

An introduction to the study of economics from a macroeconomic perspective including the following areas of study: trade in a global village, GDP as National Income and Aggregate Expenditure, savings and investment, unemployment, money and the Australian monetary system, aggregate demand and supply in the short and long run, monetary and fiscal policy including the related debates and in particular Australia as an open economy.

Outcomes

The learning goals associated with this unit are to:

  1. gain an insight into the product, money, labour and foreign exchange markets
  2. develop skills in the application of economic principles to wider social issues
  3. gain knowledge and understanding of the Australian economy and its operation in an international environment
  4. acquire the basis for more advanced studies in economics
  5. demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered.

Assessment

Within semester assessment: 40%
Examination: 60%

Chief examiner(s)

Workload requirements

3 hours per week

Prohibitions