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 introduces students to the foundations of economics providing the tools to understand and debate the economics that surrounds them. It will familiarise students with key economic concepts which will be grounded in an Australian and an international context. The content is divided into three parts which is similar in sequencing to the ATAR course in Economics:

Part 1. The unit begins with microeconomics, which is divided by topics relating to resources in competitive markets and market structures.

Part 2. The unit subsequently covers core concepts in macroeconomics such as economic growth and international trade.

Part 3. As with the ATAR course in Economics, the final part of the unit concentrates on government policy and the role of government in shaping the economy.

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Non-standard teaching periodUWA (Perth)Face to face
Outcomes

Students are able to (1) demonstrate the ability to research and communicate economic matters with clarity in written and verbal form; (2) define key economic concepts and models; (3) describe different types of markets, market interaction and failure; (4) demonstrate the use of economic policy and the role of government in shaping the economy; and (5) demonstrate the impact of economic factors on society and the environment.

Assessment

Indicative assessments in this unit are as follows: (1) examinations; (2) assignment; and (3) individual Presentation. Further information is available in the unit outline.



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

Unit rules
Prerequisites
Enrolment in
a UWA College course
  • 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.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • 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.