PRINCIPLES OF ECONOMICS
Credit points: 15
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
Subject Co-ordinatorJan Libich
Available to Study Abroad StudentsYes
Subject year levelYear Level 5 - Masters
|Resource Type||Title||Resource Requirement||Author and Year||Publisher|
|Readings||Economics||Prescribed||McTaggart, Douglas, Findlay, Christopher Parkin, Michael.||PEARSON 2013|
Graduate capabilities & intended learning outcomes
01. To understand the economic way of decision-making with different dimensions.
02. To understand the economics of bilateral and multilateral negotiations.
03. To understand the economics of simple market pricing, pricing strategies and strategic pricing.
04. To understand basics of macroeconomics relevant to business environment
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Melbourne, 2015, Semester 1, Day
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorJan Libich
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
|One 1-hour mid-semester examination||20||01, 02, 03, 04|
|One 3-hour final examination||50||01, 02, 03, 04|
|Tutorial participation||5||01, 02, 03, 04|
|Two problem sets||25||01, 02, 03, 04|