Economics
Dr Peter Pope
6 points
* 3 hours per week
* First, second semester
*
Caulfield, in-house
Objectives On completion of this subject students should have a basic understanding of the methodology and principles of economics; have a basic understanding of micro and macro economics; be able to present arguments and make decisions in the economic environment. This unit is mainly for post-graduate conversion courses to qualify for admission to the professional accounting bodies.
Synopsis Topics include analysing supply and demand; macro and microeconomics; intermediate price theory; market structure; competitive policy; the macroeconomy; the Keynesian model; government stabilisation policy and policy debates.
Assessment Assignment (3000 words): 20%
* Mid-semester test (1
hour): 30%
* Examination (2 hours): 50%
Prescribed texts
Baumol W J and others Economics: Principles and policy Harcourt Brace Jovanovich, 1993
Swan C and others Study guide to `Economics: Principles and policy' Harcourt Brace Jovanovich, 1993
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