Introductory Economics and Finance

Course aim

This course provides and combines a foundation training in economics and personal finance. 

Course content

An introduction to economic concepts and principles including the problem of scarcity, demand and supply, elasticity of demand and supply, market structures, measuring the size of the economy, unemployment and inflation, personal financial planning process, personal financial statements and budgets, personal income taxes, personal cash and savings, credit, and consumer loans.

Textbook(s)

Allan Layton, Tim Robinson, Tommy Tang, Dinusha Dharmaratna, Irvin Tucker 2022, eBook: CP1262 ECON 1009 Introductory Economics and Finance, 3rd edition, CENGAGE Learning Australia Limited, AU/NZ

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Lecture	1 hour x 13 weeks
Tutorial	2 hours x 13 weeks
EXTERNAL, CITY WEST, ONLINE
Online (Podcast of Internal Lectures)	1 hour x 13 weeks
Online (Online Learning Activities)	2 hours x 13 weeks

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

Assessment

Contribution, Presentation, Problem solving exercise, Test/Quiz

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:
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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:
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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.