Students are introduced to economic analysis and its applications. Topics include: decision making, analysis of constraints, analysis of benefits and costs, maximisation, competitive pressures and market forces, and public policy issues. By the end of the subject, successful students will be equipped with the tools of economics and prepared to address economic problems in their day to day lives, industry, politics, society, and the environment.
|Faculty||Bond Business School|
1. Explain economic systems and the concept of resource allocation.
2. Describe the fundamental principles of microeconomics and macroeconomics.
3. Explain the role of individuals and businesses in different types of market structures, including perfect competition, monopolistic competition, monopoly, and oligopoly.
4. Explain how regulatory and political environments can impact business.
5. Describe the effect of changes in macroeconomic indicators on business activity.
Must be admitted into a Bond College Diploma Program.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.
|Withdraw – Financial?||13/02/2021|
|Withdraw – Academic?||06/03/2021|
|Withdraw – Financial?||12/06/2021|
|Withdraw – Academic?||03/07/2021|
|Withdraw – Financial?||09/10/2021|
|Withdraw – Academic?||30/10/2021|