BUSINESS ECONOMICS

BUS1BUE

2014

Credit points: 15

Subject outline

Economics is the study of human behaviour and in particular the choices that individuals, businesses and governments make to deal with scarcity and the incentives that guide those choices. In Business Economics you will learn how demand, supply and equilibrium coordinate the behaviour of individuals and businesses in the market and how government policy affects those market outcomes. You will study the decisions that businesses make in determining how much to produce and at what cost. Further you will investigate how the market structure affects firms' choices. At the macro level, you will explain how to measure economic activity, including levels of inflation and unemployment, and you will examine the factors that influence these variables and the impact they have on business.

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorDavid Walker

Available to Study Abroad StudentsYes

Subject year levelYear Level 1 - UG

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjects ECO1IMI and ECO1DSM

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsEconomics, Seventh EditionPrescribedMcTaggart, D, Findlay, C, and Parkin, M.PEARSON
ReadingsEconomics, Third EditionRecommendedKrugman, P. And Wells, R.WORTH
ReadingsPrinciples of MicroeconomcsRecommendedGans, J., King S., and Mankiw, G.N.CENGAGE

Subject options

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Start date between: and    Key dates

Albury-Wodonga, 2014, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne O'Keefe

Class requirements

Lecture Week: 31 - 43
One 1.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Town Hall Meeting"

Seminar Week: 31 - 43
One 2.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Enquiry Based Learning Session"

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Bendigo, 2014, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorRuth Williams

Class requirements

Lecture Week: 31 - 43
One 1.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Town Hall Meeting"

Seminar Week: 31 - 43
One 2.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Enquiry Based Learning Session"

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

China, 2014, Week 37-52, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDavid Walker

Class requirements

Seminar Week: 37 - 52
One 3.0 hours seminar other recurrence on weekdays during the day from week 37 to week 52 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Dandenong, 2014, Semester 2, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorShawn Leu

Class requirements

Seminar Week: 31 - 43
One 2.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Melbourne, 2014, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDavid Walker

Class requirements

Lecture Week: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"Town Hall Meeting"

Seminar Week: 10 - 22
One 2.0 hours seminar per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"Enquiry Based Learning Session"

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Melbourne, 2014, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorShawn Leu

Class requirements

Lecture Week: 31 - 43
One 1.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Town Hall Meeting"

Seminar Week: 31 - 43
One 2.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Enquiry Based Learning Session"

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Mildura, 2014, Week 37-43, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJames Bugden

Class requirements

Lecture Week: 37 - 43
Two 1.0 hours lecture per week on weekdays during the day from week 37 to week 43 and delivered via face-to-face.
"Town Hall Meeting"

Seminar Week: 37 - 43
Two 2.0 hours seminar per week on weekdays during the day from week 37 to week 43 and delivered via face-to-face.
"Enquiry Based Learning Learning"

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Other Site, 2014, Semester 2, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorShawn Leu

Class requirements

Seminar Week: 31 - 43
One 3.0 hours seminar other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Shepparton, 2014, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDavid Walker

Class requirements

Lecture Week: 31 - 43
Two 1.0 hours lecture every two weeks on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Town Hall Meeting"

Seminar Week: 31 - 43
Two 2.0 hours seminar every two weeks on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Enquiry Based Learning Session"

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Sydney, 2014, ACN Semester 1, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDavid Walker

Class requirements

Seminar Week: 11 - 22
One 3.0 hours seminar other recurrence on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Sydney, 2014, ACN Semester 2, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorShawn Leu

Class requirements

Seminar Week: 28 - 39
One 3.0 hours seminar other recurrence on weekdays during the day from week 28 to week 39 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Sydney, 2014, ACN Summer Semester, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDavid Walker

Class requirements

Seminar Week: 45 - 05
One 3.0 hours seminar other recurrence on weekdays during the day from week 45 to week 05 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Vietnam, 2014, Semester 1, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDavid Walker

Class requirements

Seminar Week: 10 - 22
One 3.0 hours seminar per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50

Vietnam, 2014, Semester 2, Day

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorShawn Leu

Class requirements

Seminar Week: 31 - 43
One 3.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group assignment (700 to 1000 words)20
In class exercisesThere will be five such excercises over the semester20
MyEconLab tests (Online assessment)There will be 5 online tests over the semester10
One Two-hour final examination50