You are viewing this page as a domestic student.
Change to International

You are a domestic student if you are an Australian citizen, a New Zealand citizen or the holder of an Australian permanent visa.

You are an international student whether you are within or outside Australia and you do not meet the domestic student criteria.

Coronavirus (COVID-19): advice and support for the Bond community. Read more

BCDP02-006: Principles of Economics

  1. Current Students
  2. Study information
  3. Search subjects
  4. BCDP02-006: Principles of Economics

Description

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.

Subject details

TypeUndergraduate
CodeBCDP02-006
EFTSL0.125
FacultyBond Business School
Semesters offered
  • January 2021 [Standard Offering]
  • May 2021 [Standard Offering]
  • September 2021 [Standard Offering]
  • January 2022 [Standard Offering]
  • May 2022 [Standard Offering]
  • September 2022 [Standard Offering]
  • January 2023 [Standard Offering]
Credit10
Study areas
  • University Preparation & Diploma
Subject fees
  • Commencing in 2020: $3,920
  • Commencing in 2021: $3,890

Learning outcomes

1. Define economic concepts and apply these to economic problems using precise economic terminology and appropriate graphical and numerical representations.
2. Differentiate between perfect competition, monopoly and oligopoly and critique their implications for efficiency.
3. Evaluate a given market failure using appropriate microeconomic concepts and theory.
4. Relate interdependence with the gains from trade.
5. Interpret recent movements in key macroeconomic indicators of the national economy.

Enrolment requirements

Requisites: ?

Nil

Restrictions: ?
  • Study Abroad Students

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.

Subject outlines

Subject dates

Standard Offering
Enrolment opens15/03/2020
Semester start25/05/2020
Subject start25/05/2020
Cancellation 1?08/06/2020
Cancellation 2?15/06/2020
Last enrolment07/06/2020
Withdraw – Financial?20/06/2020
Withdraw – Academic?11/07/2020
Teaching census?19/06/2020
Standard Offering
Enrolment opens02/08/2020
Semester start14/09/2020
Subject start14/09/2020
Cancellation 1?28/09/2020
Cancellation 2?05/10/2020
Last enrolment27/09/2020
Withdraw – Financial?10/10/2020
Withdraw – Academic?31/10/2020
Teaching census?09/10/2020
Standard Offering
Enrolment opens15/11/2020
Semester start18/01/2021
Subject start18/01/2021
Cancellation 1?01/02/2021
Cancellation 2?08/02/2021
Last enrolment31/01/2021
Withdraw – Financial?13/02/2021
Withdraw – Academic?06/03/2021
Teaching census?12/02/2021