6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
This unit introduces economic ways of looking at everyday life and policy-relevant issues. The emphasis is on the scientific nature of economics and its policy relevance. Issues may include, but not be limited to, the microeconomics of firms, the microeconomics of the welfare state, the microeconomics of transitional economies, individual decision-making process, the microeconomics of social issues, and the microeconomic difficulties in the public sector.
The learning goals associated with this unit are to:
- be familiar with the way in which economists apply economic theories and concepts to analyse various issues
- be familiar with the way in which economists evaluate theories and inform policies
- critically evaluate and effectively communicate current debates on policy-relevant issues
- demonstrate the ability to evaluate the contributions and limitations of economic analysis for understanding and informing policy options.
Within semester assessment: 50% + Examination: 50%
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