bus5poe principles of economics
PRINCIPLES OF ECONOMICS
BUS5POE
2016
Credit points: 15
Subject outline
In this subject you will get to know the economic way of thinking and decision making.The subject discusses many micro and macroeconomic principles and concepts, and teaches you how they can be put to practice in the real-world.
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
Prerequisites Any Student enrolled in PG program
Co-requisitesN/A
Incompatible subjects ECO5POE
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
Resource Type | Title | Resource Requirement | Author and Year | Publisher |
---|---|---|---|---|
Readings | Principles of Economics (6th Edition) | Prescribed | Gans, King, Stonecash, Byford, Libich and Mankiw (2014) | CENGAGE |
Graduate capabilities & intended learning outcomes
01. You will be able to understand the economic way of decision-making and apply it in a number of areas of business and policy.
- Activities:
- group discussions, presentations, video-interviews, problem sets, mid-semester exam or online quizzes, final exam or real-world application task
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
02. You will be able to analyse and evaluate strategic and non-strategic behaviour of economic agents and institutions in various market structures.
- Activities:
- group discussions, presentations, video-interviews, problem sets, mid-semester exam or online quizzes, final exam or real-world application task
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
03. You will be able to find information through independent research, for example in relation to national income, cost of living, and labour market statistics, for the purpose of describing changes in these measures of the macroeconomy.
- Activities:
- group discussions, presentations, video-interviews, problem sets
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
04. You will interact constructively and effectively with your peers, around issues related to economic theory and application.
- Activities:
- group discussions, presentations, problem sets
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Subject options
Select to view your study options…
City Campus, 2016, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment size60
Enrolment information max room size TBA
Subject Instance Co-ordinatorYuji Tamura
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 31 - 43
One 1.0 hours tutorial per week during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
City Campus, 2016, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment size60
Enrolment information max room size TBA
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 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.
TutorialWeek: 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 element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
City Campus, 2016, Summer, Day
Overview
Online enrolmentYes
Maximum enrolment size60
Enrolment information max room size TBA
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 45
One 1.0 hours lecture per week on weekdays during the day in week 45 and delivered via face-to-face.
TutorialWeek: 45
One 2.0 hours tutorial per week on weekdays during the day in week 45 and delivered via face-to-face.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
Melbourne, 2016, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 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.
TutorialWeek: 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 element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
Melbourne, 2016, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 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 element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
Melbourne, 2016, Summer, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
Lecture
One 2.0 hours lecture per week on weekdays during the day and delivered via face-to-face.
Tutorial
One 1.0 hours tutorial per week on weekdays during the day and delivered via face-to-face.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
Online, 2016, Online StudyPeriod 5, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
Scheduled Online ClassWeek: 36 - 42
One 36.0 hours scheduled online class per study period on weekdays during the day from week 36 to week 42 and delivered via online.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
Online quizzes (1500 word equivalency) | 030 | 01, 02, 03, 04 | |
Real-World Policy Applications (2600 word equivalency) | 040 | 01, 02, 03, 04 | |
Open-ended assessment: problem sets (2400 word equivalency) | 030 | 01, 02, 03, 04 |
Sydney, 2016, Study Period 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 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.
TutorialWeek: 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 element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
Sydney, 2016, Study Period 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
TutorialWeek: 31 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |
Sydney, 2016, Study Period 3, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJan Libich
Class requirements
Lecture
One 2.0 hours lecture per week on weekdays during the day and delivered via face-to-face.
Tutorial
One 1.0 hours tutorial per week on weekdays during the day and delivered via face-to-face.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
One 1-hour mid-semester examination | 20 | 01, 02, 03, 04 | |
One 3-hour final examination | 50 | 01, 02, 03, 04 | |
Open-ended assessment: Problem Sets (2500 word equivalency) | 30 | 01, 02, 03, 04 |