ECON2245 Business Economics
- 6 points
|Semester 2||UWA (Perth)||Face to face|
- Details for undergraduate courses
- Level 2 option in the Economics; Professional Economics major sequences
- The area of knowledge for this unit is Management and Commerce
- Category B broadening unit for students
- Level 2 elective
- This unit is concerned with the application of economic principles and methods to the decision-making process within the firm. Topics include game theory, pricing practices, corporate governance, privatisation and advertising.
- Students are able to (1) apply economic theory and quantitative methods to explain how businesses operate; (2) explain how government policy and economic conditions affect business; and (3) analyse real-world problems businesses face.
- Indicative assessments in this unit are as follows: (1) tutorial participation; (2) individual assignment; and (3) examination. Further information is available in the unit outline.
Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
- Unit Coordinator(s)
- Professor Alison Preston (Semester 1); Dr Elisa Birch (Semester 2)
- Unit rules
- ECON1101 Microeconomics: Prices and Markets
- Contact hours
- lectures/tutorials/seminars/workshops: up to 3 hours per week
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available via the Booktopia Textbook Finder, which has the functionality to search by course code, course, ISBN and title, and may also be posted or available at the appropriate school's administrative offices. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.