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

Credit points15

Subject Co-ordinatorSuzanne Young

Available to Study Abroad StudentsYes

Subject year levelYear Level 1 - UG

Exchange StudentsYes

Subject particulars

Subject rules

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

Co-requisitesN/A

Incompatible subjects BUS1BUE, BUS1ECW

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
Readings Business Economics for La Trobe UniversityRecommendedGans J, King S, Stonecash R, Byford M, Libich J and Mankiw, G.N. (2016)Cengage
ReadingsEconomic Issues Learner ResourcePrescribedDidasko Digital, 2018Didasko Group

Graduate capabilities & intended learning outcomes

01. Critically evaluate the relationships between macroeconomic variables and their impacts on business

Activities:
Online quizzes, research and assignment
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

02. Research and critically analyse current issues and/or events in the economy

Activities:
Online quizzes and exercises, research and assignment
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)

03. Use models to predict the impact of changing market conditions and to suggest solutions to economic problems.

Activities:
Online quizzes and exercises, research and assignment
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)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

04. Explain fundamental economics concepts using text, diagrams, equations and other means

Activities:
Online quizzes and exercises, research and assignment
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)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

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

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 23 - 34
One 3.0 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 elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01

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

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 41 - 52
One 3.0 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 elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01

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

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 45
One 3.0 hours unscheduled online class per week on any day including weekend during the day in week 45 and delivered via online.

Assessments

Assessment elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01

Online (Didasko), 2020, Study Block 12, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 50
One 3.0 hours unscheduled online class per week on any day including weekend during the day in week 50 and delivered via online.

Assessments

Assessment elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01

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

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 02 - 13
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 02 to week 13 and delivered via online.

Assessments

Assessment elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01

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

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 06 - 17
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 06 to week 17 and delivered via online.

Assessments

Assessment elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01

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

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 15 - 26
One 3.0 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 elementComments% ILO*
Individual assignment (1,000 words per student)Students identify, research and respond to a case study, applying their knowledge of economic concepts.30 02, 03, 04
Six individual online exercisesStudents complete problem based and inquiry/research exercises. (Equivalent to 900 words total 150 words per exercise)20 01, 02, 03, 04
One take-home examinationStudents complete the assessment within 48 hours of it being made available. (Equivalent to a 2 hour exam/2,000 words50 01