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Subject details

At the completion of this subject students will be able to:

  1. explain the nature of the economic problem
  2. explain the economic way of thinking
  3. apply the economic way of thinking to analyse real world events
  4. analyse and evaluate economic issues using economic theory
  5. demonstrate economic literacy by writing effectively using economic theory.
    • What is Economics
    • Demand and Supply
    • Elasticity
    • Economic Efficiency
    • Behavioural Economics and Asymmetric Information
    • Introduction to Macroeconomics: GDP, Unemployment & Inflation
    • Aggregate Demand and Aggregate Supply
    • Monetary Policy
    • Fiscal Policy
    • Exchange Rates
    • Review
  • Study resources

    • Instructional methods

      • Online Quizzes/Tests
      • Online assignment submission
      • Standard Media
    • Online materials

      • Online Assessment
      • Resources and Links

No eligibility requirements

Special requirements

No special requirements

Introduction to economic concepts and principles, Demand and supply analysis, Elasticity ,Economic Efficiency,

Market failure, Introduction to macroeconomics, Unemployment and inflation, Model of aggregate demand and aggregate supply, Global markets.

Please Note: If it’s your first time studying a Curtin University subject you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your subject grades will be withheld.

Find out more about the Academic Integrity module.

  • Workshop Exercises and Quizzes (20%)
  • Article Analysis - Application of Microeconomics in the News (30%)
  • Invigilated Final Exam (50%)

Textbook information is pending.

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