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Unit description

Focuses on aspects of microeconomics and macroeconomics of most relevance to managers. The main themes are the market system and what it can accomplish; limitations and failures of markets; government policies and other factors in the macroeconomic environment impacting business; how issues and government policies with respect to the international economy impact on business.

Unit content

  1. Foundations of microeconomics
  2. Market structures
  3. Market failure and government intervention
  4. Found of macroeconomics
  5. Government policy instruments
  6. Financial market structures

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:
1critically apply microeconomic principles and tools to understand and assess the behaviour of consumers, business and governments.
2critically apply macroeconomic principles and tools to understand and assess the behaviour of consumers, business and governments.
3analyse and evaluate the likely economic impacts of various micro and macro policy settings.

On completion of this unit, students should be able to:

  1. critically apply microeconomic principles and tools to understand and assess the behaviour of consumers, business and governments.
  2. critically apply macroeconomic principles and tools to understand and assess the behaviour of consumers, business and governments.
  3. analyse and evaluate the likely economic impacts of various micro and macro policy settings.

Prescribed texts

  • Prescribed text information is not currently available.
Prescribed texts may change in future teaching periods.

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every teaching period. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the teaching period.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.

Fee paying courses
For postgraduate or undergraduate full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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