BUS1BUE
ECONOMIC ISSUES AND PUBLIC POLICY
BUS1BUE
2020
Credit points: 15
Subject outline
In this subject you will undertake research into current economic issues and apply economic concepts and frameworks to critically analyse problems and suggest appropriate public policy responses to them. You will learn how the forces of demand and supply coordinate the behaviour of individuals and businesses in the market and how government policy settings affects market outcomes. You will study the decisions that businesses make in determining how much to produce and at what cost, and analyse how market structures and public policy setting affect firms choices. From an economy-wide perspective, you will investigate how to measure economic activity, inflation and unemployment, and you will examine the factors that influence these variables and their impacts on individuals, businesses and governments.
SchoolLa Trobe Business School (Pre 2022)
Credit points15
Subject Co-ordinatorDavid Walker
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 1 - UG
Available as ElectiveYes
Learning ActivitiesN/A
Capstone subjectNo
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsBUS1ECW
Equivalent subjectsN/A
Quota Management StrategyN/A
Quota-conditions or rulesN/A
Special conditionsN/A
Minimum credit point requirementN/A
Assumed knowledgeN/A
Learning resources
Business Economics for La Trobe University
Resource TypeBook
Resource RequirementPrereading
AuthorGans J, King S, Stonecash R, Byford M, Libich J and Mankiw, G.N.
Year2016
Edition/VolumeN/A
PublisherCengage
ISBNN/A
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationN/A
Career Ready
Career-focusedNo
Work-based learningNo
Self sourced or Uni sourcedN/A
Entire subject or partial subjectN/A
Total hours/days requiredN/A
Location of WBL activity (region)N/A
WBL addtional requirementsN/A
Graduate capabilities & intended learning outcomes
Graduate Capabilities
Intended Learning Outcomes
Subject options
Select to view your study options…
Albury-Wodonga, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Bendigo, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Melbourne (Bundoora), 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session.
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Chisholm 311 (Chisholm Institute), 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 0 - 0
One 2.00 hours problem based learning per week during the day from week 0 to week 0 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
China (Si Chuan Uni), 2020, Semester 1, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Mildura, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Shepparton, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Vietnam (Hanoi University), 2020, Semester 1, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Melbourne (Bundoora), 2020, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorAngela Lou
Class requirements
LectureWeek: 31 - 42
One 1.00 hour lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session.
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Chisholm 311 (Chisholm Institute), 2020, Semester 2, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
China (Si Chuan Uni), 2020, Semester 2, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Vietnam (Hanoi University), 2020, Semester 2, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Melbourne (Bundoora), 2020, LTU Term 4, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorAngela Lou
Class requirements
LectureWeek: 30 - 35
Two 1.00 hour lecture per week on weekdays during the day from week 30 to week 35 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session.
Problem Based LearningWeek: 30 - 35
Two 2.00 hours problem based learning per week on weekdays during the day from week 30 to week 35 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Melbourne (Bundoora), 2020, LTU Term 6, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorYuji Tamura
Class requirements
LectureWeek: 45 - 50
Two 1.00 hour lecture per week on weekdays during the day from week 45 to week 50 and delivered via face-to-face.
This optional class is in addition to regular classes and is designed as a general revision session.
Problem Based LearningWeek: 45 - 50
Two 2.00 hours problem based learning per week on weekdays during the day from week 45 to week 50 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Sydney, 2020, Study period 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Sydney, 2020, Study period 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 31 - 42
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Sydney, 2020, Study period 3, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 0 - 0
One 2.00 hours problem based learning per week on weekdays during the day from week 0 to week 0 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
China (ECNU), 2020, Week 37-52, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorDavid Walker
Class requirements
Problem Based LearningWeek: 37 - 52
One 2.00 hours problem based learning other recurrence on weekdays during the day from week 37 to week 52 and delivered via face-to-face.
In addition, students are expected to undertake between 1 h and 3 h of online learning and assessment activities each week prior to class.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Individual assignmentEquivalent to 1,000 words | N/A | N/A | No | 30 | SILO2, SILO3, SILO4, SILO5 |
Six individual in-class exercisesStudents complete problem based exercises in class. Equivalent to 1,200 words. | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4 |
One 2-hour final examinationEquivalent to 2,000 words. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |