Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview

Description

This unit addresses core microeconomic and macroeconomic principles that underlie strategic business decision making and national/international policy formulations. Students discuss how individual firms and households make economic decisions and interact in markets; develop a solid understanding of the functioning of modern macroeconomic and financial markets; and acquire a deep insight of major historical and contemporary economic issues.

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 1OnlineOnline timetabled
Details for undergraduate courses
  • Level 1 core unit in the Agribusiness and Agricultural Science; Agribusiness major sequences
Outcomes

Students are able to (1) identify core theoretical economic perspectives and how these influence business decisions and strategies; (2) explain the principles of prices and markets from an economic perspective; (3) apply basic analytical skills at a practical level with applications to market and firm case studies; (4) identify the key determinants of wage-setting in labour markets; and (5) analyse both microeconomic and macroeconomic policy.

Assessment

Indicative assessments in this unit are as follows: (1) project; (2) tests; and (3) participation. Further information is available in the unit outline.



Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Andrew Williams - 2025 TBA
Unit rules
Incompatibility
Enrolment in
BP002 Bachelor of Commerce (ID 2)
or Enrolment in
BP013 Bachelor of Economics (ID 13)
Contact hours
Up to 3 hours per week
Texts

TBA

  • 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.
  • Visit the Essential Textbooks website to see if any textbooks are required for this Unit. The website is updated regularly so content may change. Students are recommended to purchase Essential Textbooks, but a limited number of copies of all Essential Textbooks are held in the Library in print, and as an ebook where possible. Recommended readings for the unit can be accessed in Unit Readings directly through the Learning Management System (LMS).
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.