units

ECW1101

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 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

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LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedBerwick First semester 2013 (Day)
Sunway First semester 2013 (Day)
South Africa First semester 2013 (Day)
Sunway Second semester 2013 (Day)
Sunway Summer semester A 2013 (Day)
South Africa Summer semester A 2013 (Day)
Coordinator(s)Dr Vinod Mishra

Synopsis

An introduction to the study of economics; consumer behaviour; demand and supply and the operation of markets; market efficiency and welfare; welfare effects of international trade; public sector economics; the behaviour of firms and the organisation of an industry; market structures -- perfect competition and monopoly; economies of the labour market.

Outcomes

The learning goals associated with this unit are to:

  1. understand the theoretical foundations of economics
  2. understand generic skills essential for progression to upper level units by applying rigorous thinking and understanding to analytical geometric models
  3. appreciate economics as an evolutionary science and its ability to address, in a microeconomic framework, the persistent social and economic problems confronted by society
  4. demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in this unit.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Dr Vinod Mishra (First semester)
Dr Siah Kim Lan (Second semester)

Contact hours

3 hours per week

Prohibitions

ECG1101