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 2UWA (Perth)Face to face
Outcomes

Students are able to (1) identify core theoretical perspectives and how these influence business decisions and strategies; (2) develop and enhance basic analytical skills at a practical level with applications to industry data; (3) appreciate the dynamics of the global economy and macroeconomic policy formulations in the face of changing economic conditions; (4) interpret and effectively analyse economic policy and present in the form of a report; and (5) develop effective teamwork skills.

Assessment

Indicative assessments in this unit are as follows: (1) participation; (2) assignment; and (3) tests. 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 Elisa Birch (S1) and Dr Mohammad Farhad (S2)
Unit rules
Incompatibility
ECON5503 Economic Management and Strategy.
ECON1000 ECON1101 or equivalent.
Contact hours
lectures/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.