Economic Issues and Public Policy
UndergraduateLTU-BUS1BUE2025
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 20 July 2025
- Entry requirements
- Prior study needed
- Duration
- 12 weeks
- Start dates
- 28 July 2025
- Price from
- $2,124
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
Economic Issues and Public Policy
About this subject
On successful completion you will be able to:
- Critically evaluate the relationships between macroeconomic variables and their impacts on businesses, individuals and society.
- Research and critically analyse current issues and/or events in the economy in integrating data and other information sources.
- Use models to predict and analyse the impacts of changing market conditions and/or public policy responses and their impacts on society.
- Explain fundamental economic concepts with written communication incorporating, diagrams, equations, and other media.
- Economic Growth and the Wealth of Nations
- Demand and Supply Applications
- Game Theory
- Firms' Production, Costs and Profit Maximisation
- Elasticity and Total Revenue
In this subject you will undertake research into current economic issues and apply economic concepts and frameworks to critically analyse problems and suggest appropriate public policy responses to them. You will learn how the forces of demand and supply coordinate the behaviour of individuals and businesses in the market and how government policy settings affect those market outcomes. You will study the decisions that businesses make in determining how much to produce and at what cost and analyse how the market structure and public policy settings affects firms’ choices. From an economy-wide perspective, you will investigate how to measure economic activity, inflation and unemployment, and you will examine the factors that influence these variables and the impacts on individuals, businesses and governments.
- Online and in-class exercises (equivalent to 1400 words) (30%)
- Writing assignment (equivalent to 1200 words) (30%)
- Market report (equivalent to 1500 words) (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- 15
Entry requirements
Others
Past La Trobe University students who have previously completed BUS1ECW (Modern Economies in a Changing World) or BUS1BUX (Investigating Economic Issues) are ineligible to enrol in this subject.
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
UndergraduateLAT-BUS-DEG
Bachelor of Arts/Bachelor of Health Sciences
UndergraduateLAT-AHS-DEG
UndergraduateLAT-ART-DEG
Bachelor of Psychological Science
UndergraduateLAT-PYS-DEG
Bachelor of Information Technology
UndergraduateLAT-TEC-DEG
UndergraduateLAT-HSC-DEG
UndergraduateLAT-CYS-DEG
UndergraduateLAT-ART-DIP
UndergraduateLAT-HSC-DIP
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