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Postgraduate |
(BUS)
|
Leader: Dr George Rivers
Offered:
Caulfield First semester 2006 (Day)
Caulfield First semester 2006 (Evening)
Hong Kong First semester 2006 (Off-campus)
Caulfield Second semester 2006 (Evening)
Synopsis: 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 foreign exchange market and exchange rate policy; unemployment and inflation; the current and capital accounts.
Assessment: Assignments: 40% + Examination (2 hours): 60%
Contact Hours: 3 hours per week