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Area/Catalogue
ECON 1006

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Course Level
Undergraduate

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Offered Externally
No

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Course ID
100304

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Unit Value
4.5

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University-wide elective course
No

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Timetable/s

The 2025 timetable is
not yet available.

Course owner

Course owner
School of Commerce

Course aim

To introduce students to the meaning and application of fundamental economic principles predominantly within the context a market economy.

Course content

The economic decisions faced by individuals, firms and governments and the alternative mechanisms for solving them; the organisation of production in a modern mixed economy and in an international context; analysis of price and output determination in the context of free markets; the impact on resource allocation when the price mechanism is interfered with; The meaning of economic costs and the links between productivity, resource prices and costs; market structures and model; strengths and weaknesses of the market mechanism; strategic behaviour between firms; Australia's changing role in the global market and in international trade.

Textbook(s)

Jackson. J and McIver. R 2008, Microeconomics, 8th, McGraw-Hill, Sydney

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component Duration
INTERNAL, OFFSHORE, HONG KONG BAPTIST UNIVERSITY
Lecture 38 hours x N/A
Tutorial N/A x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.


Assessment

Assignment, Examination, Test, Tutorial work

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)

Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.

Course Coordinators

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