PRINCIPLES OF ECONOMICS

BUS5POE

2015

Credit points: 15

Subject outline

In this subject students are exposed to the economic way of thinking about decision making. The subject will introduce microeconomic and macroeconomic theories and principles and illustrate them by simple stylised examples. The subject relates economic theories to practice using a framework suitable for students not majoring in economics.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorJan Libich

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsEconomicsPrescribedMcTaggart, Douglas, Findlay, Christopher Parkin, Michael.PEARSON 2013

Graduate capabilities & intended learning outcomes

01. To understand the economic way of decision-making with different dimensions.

Activities:
TBA

02. To understand the economics of bilateral and multilateral negotiations.

Activities:
TBA

03. To understand the economics of simple market pricing, pricing strategies and strategic pricing.

Activities:
TBA

04. To understand basics of macroeconomics relevant to business environment

Activities:
TBA

Subject options

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Start date between: and    Key dates

Melbourne, 2015, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJan Libich

Class requirements

Lecture Week: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Tutorial Week: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
One 1-hour mid-semester examination20 01, 02, 03, 04
One 3-hour final examination50 01, 02, 03, 04
Tutorial participation5 01, 02, 03, 04
Two problem sets25 01, 02, 03, 04