Introductory Economics and Finance

Course aim

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

Course content

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)

Layton, A., Robinson, T. & Tucker, I.B. and Gitman, L.J., Joehnk, M.D. & Billingsley, R. 2019, Introductory Economics and Finance, compiled by Dr Wahid Murad, 2nd edition eBook: www.cengagebrain.com and/or www.coop.com.au, Cengage Learning, Australia

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

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

Assessment

Group presentation, Major Assessment, Participation, Problem solving exercise

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
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.