MODERN ECONOMIES IN A CHANGING WORLD
BUS1ECW
2021
Credit points: 15
Subject outline
In this subject you will take an inquiry based approach to motivate a rich and deep appreciation of how economic principles and frameworks can be used to analyse our world and to inform policymakers. You will cover a range of trends that are shaping modern society such as: scarcity and choices; the capitalist revolution; technological change; population growth and economic growth; economics and the environment; the firm and its customers; and a study of markets and their complexities. You will gain an understanding of the strengths and weaknesses of various approaches to economic problems, and an appreciation of the relationship of economics to other disciplines.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorDavid Walker
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 1 - UG
Available as ElectiveNo
Learning ActivitiesOnline activities including some short videos, reading materials, workshop problems, participation in discussion forums and in class activities
Capstone subjectNo
Subject particulars
Subject rules
Prerequisites Must be admitted in one of the following courses: LBCOM, LZCOMA, LZCA, LZCOMS, LZCHS, LZCCS, LZCAG, LBPPE, LWLPPE, LZCOML, LWCOML, LZCIR, LZCBM, ABHIT, SZCYC, LZCP
Co-requisitesN/A
Incompatible subjectsBUS1BUE
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
The Economy
Resource TypeWeb resource
Resource RequirementRecommended
AuthorCORE project
YearN/A
Edition/VolumeN/A
PublisherCORE project - Free e book
ISBNN/A
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationhttps://www.core-econ.org/
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…
Melbourne (Bundoora), 2021, Semester 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.
Students will complete work prior to the PBL class each week.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
Five in-class or online formative exercises broadly equivalent to 1,200 | Other | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Major assignment Open-ended assessment that is peer graded (1,000 words equivalent) | Assignment | Individual | No | 30 | SILO1, SILO2, SILO3 |
Final exam- 2 hours 2,000 words equivalent | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Melbourne (Bundoora), 2021, Semester 2, Blended
Overview
Online enrolmentYes
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.
Students will complete work prior to the PBL class each week.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
Five in-class or online formative exercises broadly equivalent to 1,200 | Other | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Major assignment Open-ended assessment that is peer graded (1,000 words equivalent) | Assignment | Individual | No | 30 | SILO1, SILO2, SILO3 |
Final exam- 2 hours 2,000 words equivalent | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |