Introduction to Economics (11175.2)
|Available teaching periods||Delivery mode||Location|
|View teaching periods|| Online
| UC - Canberra, Bruce
UC - TAFE NSW Northern Sydney, St Leonard's
UC - University of Canberra College, Bruce
|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 outcomesAfter successful completion of this unit, students will be able to:
1. Demonstrate how businesses can use economic models in their decision making;
2. Identify the factors that affect the demand and supply for goods and services in the market and explain how changes in these factors affect the market equilibrium price and quantity;
3. Analyse how government intervention in the market, for example through imposition of taxes or price ceilings, affect the behaviour of consumers and producers;
4. Analyse efficient production decisions under different types of market structures and identify when and why markets fail to perform efficiently;
5. Describe macroeconomic aggregates such as GDP, unemployment, and inflation and outline how government and central bank policies affect these variables; and
6. Review and communicate the outcome of economic research and analysis.
Graduate attributes1. UC graduates are professional - communicate effectively
1. 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
Equivalent units6355 Introduction to Economics
|Year||Location||Teaching period||Teaching start date||Delivery mode||Unit convener|
|2023||UC - Canberra, Bruce||Semester 1||06 February 2023||Online||Dr Tesfaye Gebremedhin|
|2023||UC - Canberra, Bruce||Semester 1||06 February 2023||On-Campus||Dr Tesfaye Gebremedhin|
|2023||UC - TAFE NSW Northern Sydney, St Leonard's||Semester 1||06 February 2023||On-Campus||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|
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.
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.
Required IT skills
Familiarity with Microsoft word would be useful.
Work placement, internships or practicums