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 is an introductory unit in microeconomics. Topics include an introduction to the economic problem; the determination of prices; demand and supply; market failure and the role of government; and market structure.

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Semester 1AlbanyFace to face
Details for undergraduate courses
  • Level 1 core unit in the Business Economics; Economics; Philosophy, Politics and Economics; Financial Economics major sequences
  • Level 1 elective
Outcomes

Students are able to (1) explain, demonstrate and apply various economic models to real life situations; (2) demonstrate the ability to produce clear and concise written and oral communication in an economic context to a variety of audiences; (3) conduct an economic analysis of policy in a realistic and current context; and (4) recognise, understand and respond appropriately to ethical, cultural, social and sustainability issues.

Assessment

Indicative assessments in this unit are as follows: (1) examinations; (2) assignment; and (3) ongoing assessments. 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)
Dr Ingebjorg Kristoffersen
Unit rules
Incompatibility
ECON1000 Economics for Business
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.
  • 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.