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Economics
PostgraduateGRF-AFE7332026
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 5 July 2026
- Entry requirements
- Prior study needed
- Duration
- 13 weeks
- Start dates
- 13 July 2026,
- 2 Nov 2026
- Price from
- $4,250
- Upfront cost
- $0
- Loan available
- FEE-HELP available
Economics
About this subject
At the completion of this subject students will be able to:
- Apply core microeconomic and/or macroeconomic principles and techniques to make informed and effective decisions.
- Apply core microeconomic and/or macroeconomic principles and techniques to effectively assess real-world issues.
Assurance of Learning:
This course evaluates student performance for Assurance of Learning purposes, for the program learning objective(s): Apply advanced level interdisciplinary and inclusive perspectives to business contexts.
- Understanding Markets
- Government, Taxes and Market Distortions
- Companies and Profit
- Market Structures and Power
- Market Failure - Externalities
- Poverty and Inequality
- The Macroeconomy
- Modelling the Economy: Aggregate Demand and Supply
- Macroeconomic Policies: Fiscal and Monetary
- Economic Growth and Productivity
- International Trade
- Behavioural Economics
Businesses operate within a dynamic landscape shaped by internal, external, and global influences. Navigating this landscape effectively is crucial for optimizing a business’s economic, financial, and social performance. In this course, students are introduced to the fundamental concepts, techniques, and principles of microeconomics and macroeconomics, particularly within the Australian context. This knowledge equips students with practical decision-making tools, empowering them to become future business leaders capable of making informed and effective decisions amidst complexities.
This subject forms part of the Graduate Certificate in Business and the Graduate Certificate in Commerce. Successful completion via Open Access may support admission into the Graduate Certificate(s) (where applicable), in addition to the required minimum of 3 years' work experience. If you intend to progress into the Graduate Certificate, we recommend contacting our Student Advisors to ensure you select subjects that align with your study goals and program requirements.
- Written Assignment (40%)
- Oral Presentation (60%)
For textbook details check your university's handbook, website or learning management system (LMS).
With a network of campuses spanning three cities in South East Queensland, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia.
Already attracting students from over one hundred countries, Griffith's dedication to academic excellence is available across Australia through OUA.
Learn more about Griffith University
Explore Griffith University courses
- QS World University Ranking 2026, within Australia:
- 18
- Times Higher Education World University Ranking 2026, within Australia:
- 20
Entry requirements
Others
This postgraduate subject is designed for applicants with relevant professional experience. It is suited to mature learners seeking to extend their knowledge or advance their careers. Applicants are also expected to have sufficient proficiency in English to undertake academic study at postgraduate level.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Certificate in Commerce
PostgraduateGRF-GCC-GCE
Graduate Certificate in Business
PostgraduateGRF-GCB-GCE
Single subject FAQs
What’s a single subject?
Single subjects are the individual components that make up a degree. With Open Universities Australia, you’re able to study many of them as stand-alone subjects, including postgraduate single subjects, without having to commit to a degree.
Each of your subjects will be held over the course of a study term, and they’ll usually require 10 to 12 hours of study each week. Subjects are identified by a title and a code, for example, Developmental Psychology, PSY20007.
How can I use single subjects to get into a full degree?
First, find the degree that you would like to study on our website.
If that degree allows entry via undergraduate subjects, there will be information about this under the Entry Requirements section. You will find a list of 2-4 open enrolment subjects you need to successfully complete to qualify for admission into that qualification.
Once you pass those subjects, you will satisfy the academic requirements for the degree, and you can apply for entry.
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For more information about how to pay for your studies visit our fees page or contact a student advisor.
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When you’ve made your choice, click ‘Enrol now’ on the relevant course page and follow the prompts to begin your enrolment. We’ll ask you to supply some supporting documentation, including proof of your identity, your tax file number, and a unique student identifier (USI) during this process.
Your university will get in touch with you via email to confirm whether or not your application has been successful.
If you get stuck at any time, reach out to us and we’ll talk you through it.
You can also take a look at our online self-service enrolling instructions.
When is the cut-off date for enrolling?
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