Introduction to Economics (11175.1)
Available teaching periods | Delivery mode | Location |
---|---|---|
View teaching periods | On-Campus Flexible |
UC - TAFE NSW Northern Sydney, St Leonard's UC - Canberra, Bruce UC - University of Canberra College, Bruce |
EFTSL | Credit points | Faculty |
0.125 | 3 | Faculty Of Business, Government & Law |
Discipline | Study level | HECS Bands |
Canberra School Of Politics, Economics And Society | Level 1 - Undergraduate Introductory Unit | Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) Band 5 2021 (Commenced Before 1 Jan 2021) |
Learning outcomes
After successful completion of this unit, students will be able to:1. Demonstrate how businesses can use economic models in their decision making;
2. Identify what determines the demand and supply for goods and services and explain how changes in these factors affect the market equilibrium price and quantity;
3. Analyse efficient production decisions under different types of market structures; and identify when and why markets fail to perform efficiently;
4. Describe macroeconomic aggregates such as GDP, unemployment, and inflation, and their limitations as a measure of the economic performance of a nation;
5. Analyse why and how different branches of government implement policies designed to manage the economy in the short and long-run; and
6. Communicate effectively the outcome of economic research and analysis through written report or oral presentation.
Graduate attributes
1. UC graduates are professional - communicate effectively1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - be self-aware
Prerequisites
None.Corequisites
None.Incompatible units
None.Equivalent units
6355 Introduction to EconomicsAssumed knowledge
None.Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
---|---|---|---|---|---|
2022 | UC - TAFE NSW Northern Sydney, St Leonard's | Semester 1 | 07 February 2022 | On-Campus | Dr Tesfaye Gebremedhin |
2022 | UC - Canberra, Bruce | Semester 1 | 07 February 2022 | Flexible | Dr Tesfaye Gebremedhin |
2022 | UC - University of Canberra College, Bruce | UC College Trimester 2 | 20 June 2022 | On-Campus | Mrs Lili Zhang |
2022 | UC - Canberra, Bruce | Semester 2 | 01 August 2022 | Flexible | Dr Tesfaye Gebremedhin |
2022 | UC - University of Canberra College, Bruce | UC College Trimester 3 | 17 October 2022 | On-Campus | Mrs Lili Zhang |
2023 | UC - TAFE NSW Northern Sydney, St Leonard's | Semester 1 | 06 February 2023 | On-Campus | Dr Tesfaye Gebremedhin |
2023 | UC - Canberra, Bruce | Semester 1 | 06 February 2023 | Flexible | Dr Tesfaye Gebremedhin |
2023 | UC - University of Canberra College, Bruce | UC College Trimester 2 | 05 June 2023 | On-Campus | Mrs Lili Zhang |
2023 | UC - Canberra, Bruce | Semester 2 | 31 July 2023 | Flexible | Dr Tesfaye Gebremedhin |
2023 | UC - University of Canberra College, Bruce | UC College Trimester 3 | 18 September 2023 | On-Campus | Mrs Lili Zhang |
Required texts
Hubbard, Garnett, Lewis and O'Brien (2022) Essentials of Economics, 5th ed., Pearson Education Australia.
E-Book of the text (Revel) is available through canvas and all students can access it for free.
Submission of assessment items
Special assessment requirements
Students need to get an overall mark of 50% to pass the unit.
Academic integrity
Students have a responsibility to uphold University standards on ethical scholarship. Good scholarship involves building on the work of others and use of others' work must be acknowledged with proper attribution made. Cheating, plagiarism, and falsification of data are dishonest practices that contravene academic values. Refer to the University's Student Charter for more information.
To enhance understanding of academic integrity, all students are expected to complete the Academic Integrity Module (AIM) at least once during their course of study. You can access this module within UCLearn (Canvas) through the 'Academic Integrity and Avoiding Plagiarism' link in the Study Help site.
Use of Text-Matching Software
The University of Canberra uses text-matching software to help students and staff reduce plagiarism and improve understanding of academic integrity. The software matches submitted text in student assignments against material from various sources: the internet, published books and journals, and previously submitted student texts.
Participation requirements
Please note that 5% of the overall mark in the unit is allocated to tutorial participation. Non-attendance or not participating in tutorial discussions will result in students forfeiting this mark. Only those students who actively engage in tutorial classes by asking and answering questions regularly should expect to receive high marks for tutorial participation. Please be advised that it is against University Policy to give marks for attendance alone.
Required IT skills
Familiarity with Microsoft word would be useful.
Work placement, internships or practicums
Not Applicable
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