ECC5953 - Economics - 2017

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Economics

Coordinator(s)

Associate Professor He-Ling Shi (First semester)

Dr Edwyna Harris (Second semester)

Unit guides

Offered

Clayton

  • First semester 2017 (Evening)
  • Second semester 2017 (Day)

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.

Outcomes

The learning goals associated with this unit are to:

  1. have a basic understanding of the methodology and principles of economics
  2. have a basic understanding of micro and macro economics
  3. present arguments and make decisions in the economic environment.

Assessment

Within semester assessment: 40% +

Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Associate Professor He-Ling Shi (First semester)

Dr Edwyna Harris (Second semester)

Prohibitions

ECF5953, ECG9101, ECG5901, ECF9530