Introduction to Economics (6355.4)

Please note these are the 2017 details for this unit
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Introduction to Economics
Available teaching periods Delivery mode Location
View teaching periods
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)
This unit is designed to equip students who have little or no knowledge of economics with a clear and up-to-date commentary of the economy. The topics covered will provide all the information necessary to enable discussion of government policy, international trade, the financial sector, and the economy's main industries (agriculture, manufacturing, mining and services).

Learning outcomes

On successful completion of this unit, students will be able to:
1. Students will gain a good foundation for understanding how economies operate;
2. How businesses use economics in their decision making, and why governments implement certain economic policies. These include policies on unemployment, inflation, interest rates, and the environment; and
3. This unit also looks at Australia’s place in the world economy, covering issues such as international trade, exchange rates, and foreign debt.


Graduate attributes

1. 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 - 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
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

Hubbard, Garnett, Lewis and O'Brien (2016) Essentials of Economics 3rd ed., Pearson Education Australia.

Additional reference

Layon, A., Robinson, T. and Tucker, I. B. (2016) Economics for Today, 5th edition, Cengage Learning, Australia. 

Submission of assessment items

Special assessment requirements

Students need to get an overall mark of 50% to pass the unit. 

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Participation requirements

Students are strongly encouraged to attend lectures/tutorials. 

Required IT skills

No special IT skills required.

Work placement, internships or practicums

Not Applicable