Business Economics (6394.4)
| 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 2 - Undergraduate Intermediate 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
On successful completion of this unit, students will be able to:1. Analyse the issues of scarcity and trade-offs, and how the market makes decisions on these issues;
2. Explain how different factors affect the demand and supply for goods and services and the market equilibrium outcome;
3. Describe production function and understand how short run production function varies from long run production function;
4. Describe different market structures and explain the differences between them;
5. Understand externalities and use graphs to show how externalities affect economic efficiency.
Graduate attributes
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
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
Introduction to Economics.| Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
|---|
Required texts
Required Text: Hubbard, G., A. Garnett, P. Lewis, and T. O'Brien (2015) Microeconomics, 3E, Pearson Education Australia.
The text is available from the Co-op Bookstore.
Additional references:
McTaggart, D., C. Findlay and M. Parking (2010),Microeconomics, Pearson Education Australia.
Taylor, J. and L. Frost (2009),Microeconomics,John Wiley and Sons.
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
There is 5% allocated to tutorial participation. This requires students to contribute to tutorial discussions by asking and answering questions. Students who don't attend tutorials will forfeit the tutorial participation mark.
Required IT skills
None
Work placement, internships or practicums
Not Applicable
