308520 (v.1) Bus 103 - Economics


 

Area:Curtin Business School
Credits:25.0
Syllabus:The nature of economics, the market economy (supply and demand, elasticity). Production and cost structures of firms, market structures (perfect competition, monopoly, monopolistic competition, oligopoly). The Circular Flow model. Government intervention in the economy. The macroeconomic goals of government. Fiscal and Monetary policy.
 
Unit Outcomes: On successful completion of this unit students will be have - Developed an understanding of key economic principles. Become aware of a cross-section of contemporary economic problems facing many countries today. Established a modest level of economic literacy.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References: No prescribed references.
Unit Texts: Shade, Mullins and Miller, Practical Economics - An Introduction, 2nd ed., Prentice-Hall.
 
Unit Assessment Breakdown: Test One (week 3) 10 %. Test Two (week 7) 10 %. Test Three (week 9) 10 %. Test Four (week 12) 10 %. Examination (week 13) 60 %. This is by grade/mark assessment.

 

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