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ECON11-100: 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
CodeECON11-100
EFTSL0.125
FacultyBond Business School
Semesters offered
  • January 2020 [Standard Offering]
  • May 2020 [Standard Offering]
  • September 2020 [Standard Offering]
  • January 2021 [Standard Offering]
  • May 2021 [Standard Offering]
Credit10
Study areas
  • Business and Commerce
Subject fees
  • Commencing in 2019: $4,290
  • Commencing in 2020: $4,340

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: ?

Nil

Subject outlines

Subject dates

Standard Offering
Enrolment opens18/03/2019
Semester start13/05/2019
Subject start13/05/2019
Cancellation 1?27/05/2019
Cancellation 2?03/06/2019
Last enrolment26/05/2019
Withdraw – Financial?08/06/2019
Withdraw – Academic?29/06/2019
Teaching census?07/06/2019
Standard Offering
Enrolment opens14/07/2019
Semester start09/09/2019
Subject start09/09/2019
Cancellation 1?23/09/2019
Cancellation 2?30/09/2019
Last enrolment22/09/2019
Withdraw – Financial?05/10/2019
Withdraw – Academic?26/10/2019
Teaching census?04/10/2019
Standard Offering
Enrolment opens10/11/2019
Semester start13/01/2020
Subject start13/01/2020
Cancellation 1?27/01/2020
Cancellation 2?03/02/2020
Last enrolment26/01/2020
Withdraw – Financial?08/02/2020
Withdraw – Academic?29/02/2020
Teaching census?07/02/2020