bus1bux investigating economic issues

INVESTIGATING ECONOMIC ISSUES

BUS1BUX

2020

Credit points: 15

Subject outline

Economics is the study of incentives and human behaviour and in particular the choices that individuals, businesses and governments make to deal with scarcity. In Investigating Economic Issues you will undertake research into current economic issues and apply economic concepts and frameworks to critically analyse economic problems and suggest solutions. You will learn how the forces of demand and supply coordinate the behaviour of individuals and businesses in the market and how government policy 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 affect firm 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-ordinatorSuzanne Young

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 1 - UG

Available as ElectiveNo

Learning ActivitiesN/A

Capstone subjectNo

Subject particulars

Subject rules

Prerequisites Student must be enrolled in one of the following courses: LBAB, LBABM, LBABK, LDAB, LAAB

Co-requisitesN/A

Incompatible subjectsBUS1ECW OR BUS1BUE

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 RequirementRecommended

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

Economic Issues Learner Resource

Resource TypeBook

Resource RequirementPrescribed

AuthorDidasko Digital

Year2018

Edition/VolumeN/A

PublisherDidasko Group

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

DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Critically evaluate the relationships between macroeconomic variables and their impacts on business
02. Research and critically analyse current issues and/or events in the economy
03. Use models to predict the impact of changing market conditions and to suggest solutions to economic problems.
04. Explain fundamental economics concepts using text, diagrams, equations and other means

Subject options

Select to view your study options…

Start date between: and    Key dates

Online (Didasko), 2020, Study block 1, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 2 - 13
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 2 to week 13 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1

Online (Didasko), 2020, Study block 10, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 41 - 52
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 41 to week 52 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1

Online (Didasko), 2020, Study block 11, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 45 - 0
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 45 to week 0 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1

Online (Didasko), 2020, Study block 2, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 6 - 17
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 6 to week 17 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1

Online (Didasko), 2020, Study block 4, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 15 - 26
One 3.00 days unscheduled online class per week on any day including weekend during the day from week 15 to week 26 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1

Online (Didasko), 2020, Study block 6, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 23 - 34
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 23 to week 34 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1

Online (Didasko), 2020, Study block 8, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online ClassWeek: 32 - 43
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 32 to week 43 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.

N/AN/AN/ANo30SILO2, SILO3, SILO4

Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4

One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words

N/AN/AN/ANo50SILO1