Enrolments for 2019 have closed.

View information for 2020 course intake.

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Economic Principles

Undergraduate | SWI-ECO10004 | 2019

Course information for 2019 intake

View information for 2020 course intake

Dive into micro and macroeconomic theory. Chart their potential applications in the business sector and in government policy.

Apply economic knowledge to assess decisions made by firms and governments in the face of changing market conditions.

Study method
100% online
Assessments
Subject may require attendance
Entry requirements
Prior study needed
Duration
13 weeks

HECS-HELP and FEE-HELP available

Economic Principles

About this subject

  • Students who successfully complete this subject should be able to:

    1. Use economic indicators and models to understand and analyse real-world situations
    2. Use economic concepts and knowledge to understand, explain and evaluate decision making by individuals, firms and government
    3. Describe economic outcomes in markets and how these are affected by market structure and the macroeconomic environment
    4. Identify appropriate business and government strategies to achieve positive outcomes (such as increase profit or reduce market failure or stabilise macroeconomic fluctuations)
    5. Analyse current economic issues and determine/evaluate responses by the relevant economic agents.

Entry requirements

Equivalent subjects

You should not enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:

Others

If you are completing Swinburne finance or economics major/co-major you must complete ECO10004 + ECO20004 OR ECO10002 + ECO10003 - not mixtures of these two combinations.
You cannot enrol in ECO10004 if you have completed ECO11 as this is equivalent

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.

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