Area: | School of Economics and Finance |
Credits: | 25.0 |
Contact Hours: | 3.0 |
Lecture: | 1 x 2 Hours Weekly |
Tutorial: | 1 x 1 Hours Weekly |
Syllabus: | Provides an introduction to economic analysis covering key principles in both microeconomics and macroeconomics. Incorporates traditional theory topics such as the economics of markets, price determination, market structures, business cycles, economic growth, inflation and unemployment, international trade, and economic policy. Emphasises the application of economic theory to real world events. |
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Unit Outcomes: | On completion of this unit students will have - Gained a good working knowledge of basic economic theory and policy to be able to read and understand economic commentaries in the financial press. Gained understanding of the economic way of thinking, market demand and supply and different market structures. Developed an understanding of the principles of international trade, business cycles and economic growth and macroeconomic policy. Gained skills in applying economic theory to analyse real world events. |
Texts and references listed below are for your information only and current as of September 30, 2003. Some units taught offshore are modified at selected locations. Please check with the unit coordinator for up-to-date information and approved offshore variations to unit information before finalising study and textbook purchases. |
Unit References: | Gans, J., King, S. and Mankiw, N.G. (2002). Principles of Economics, 2nd ed. Southbank, Thompson Nelson. Frank, R. and Bernanke, B. (2001). Principles of Economics. New York, McGraw Hill Irwin. McTaggart, D., Findlay, C. and Parkin, M. (2002). Economics, 4th ed. Australia, Addison Wesley. |
Unit Texts: | Layton, A., Robinson, T. and Tucker, I. (2002). Economics For Today. Southbank, Thompson. |
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Unit Assessment Breakdown: | Assignment 25%. Mid Semester test 25%. Final Exam 50%. This is a grade/mark assessment. |
Field of Education: |  91901 Economics | HECS Band (if applicable): | 2   |
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Extent to which this unit or thesis utilises online information: |  Supplemental   | Result Type: |  Grade/Mark |
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Availability
Year | Location | Period | Internal | Area External | Central External | 2004 | Open University HK | Trimester 1A | Y | | | 2004 | Open University HK | Trimester 3A | Y | | |
Area External | refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research. |
Central External | refers to external course/units run through the Curtin Bentley-based Distance Education Area |
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