ECON 1012 - Principles of Economics I
| Career: | Undergraduate |
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| Units: | 3 |
| Term: | 4120 |
| Campus: | North Terrace |
| Contact: | Up to 3 hours per week |
| Available for Study Abroad and Exchange: | Yes |
| Available for Non-Award Study: | Yes |
| Incompatible: | ECON 1000, ECON 1004, WINEMKTG 1026EX, ECON 1012AUACM, ECON 1012BUACM |
| Assessment: | Typically, tutorial assignments, quizzes and final exam |
| Syllabus: |
This course provides an introduction to a broad range of economic concepts, theories and analytical techniques. It considers both microeconomics - the analysis of choices made by individual decision-making units (households and firms) - and macroeconomics - the analysis of the economy as a whole. The use of a market, supply and demand, model will be the fundamental model in which trade-offs and choices will be considered through comparison of costs and benefits of actions. Production and market structure will be analysed at the firm level. Macroeconomic issues regarding the interaction of goods and services markets, labour and money at an aggregate level will be modelled. The role of government policy to address microeconomic market failures and macroeconomic objectives will be examined. |
Course Fees
Study Abroad student tuition fees are available here
Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.
The fees displayed below for international students are for students commencing a program in 2024 only. International students who commenced a program in 2023 or prior can find their fee here.
| EFTSL | |||
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| 0.125 | |||
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Course Outline
A Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here
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Critical Dates
| Term | Last Day to Add Online | Census Date | Last Day to WNF | Last Day to WF |
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| 4120 | Mon 09/08/2021 | Wed 18/08/2021 | Fri 17/09/2021 | Fri 29/10/2021 |
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Class Details
| Enrolment Class: Tutorial | |||||||
|---|---|---|---|---|---|---|---|
| Class Nbr | Section | Size | Available | Dates | Days | Time | Location |
| 20136 | TU15 | 28 | FULL | 4 Aug - 15 Sep | Wednesday | 1pm - 2pm | MyUni, OL, Online Class |
| 6 Oct - 27 Oct | Wednesday | 1pm - 2pm | MyUni, OL, Online Class | Note: This class is for offshore / interstate students only. Where this requirement is not met, students risk being removed from this class. Please refer to MyUni for details once enrolled. | |||
| 20137 | TU14 | 28 | 1 | 3 Aug - 14 Sep | Tuesday | 3pm - 4pm | MyUni, OL, Online Class |
| 5 Oct - 26 Oct | Tuesday | 3pm - 4pm | MyUni, OL, Online Class | Note: This class is for offshore / interstate students only. Where this requirement is not met, students risk being removed from this class. Please refer to MyUni for details once enrolled. | |||
| 20138 | TU13 | 28 | FULL | 4 Aug - 15 Sep | Wednesday | 12pm - 1pm | MyUni, OL, Online Class |
| 6 Oct - 27 Oct | Wednesday | 12pm - 1pm | MyUni, OL, Online Class | Note: This class is for offshore / interstate students only. Where this requirement is not met, students risk being removed from this class. Please refer to MyUni for details once enrolled. | |||
| 20140 | TU11 | 28 | 5 | 5 Aug - 16 Sep | Thursday | 3pm - 4pm | Engineering Nth, N218, Teaching Room |
| 7 Oct - 28 Oct | Thursday | 3pm - 4pm | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20141 | TU10 | 28 | FULL | 5 Aug - 16 Sep | Thursday | 2pm - 3pm | Engineering Nth, N218, Teaching Room |
| 7 Oct - 28 Oct | Thursday | 2pm - 3pm | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20142 | TU09 | 28 | 3 | 3 Aug - 14 Sep | Tuesday | 9am - 10am | Engineering Nth, N218, Teaching Room |
| 5 Oct - 26 Oct | Tuesday | 9am - 10am | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20143 | TU08 | 28 | 2 | 6 Aug - 17 Sep | Friday | 2pm - 3pm | Lower Napier, LG14, Teaching Room |
| 8 Oct - 29 Oct | Friday | 2pm - 3pm | Lower Napier, LG14, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20144 | TU07 | 28 | FULL | 5 Aug - 16 Sep | Thursday | 9am - 10am | Engineering Nth, N218, Teaching Room |
| 7 Oct - 28 Oct | Thursday | 9am - 10am | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20145 | TU06 | 28 | 3 | 6 Aug - 17 Sep | Friday | 1pm - 2pm | Engineering Nth, N218, Teaching Room |
| 8 Oct - 29 Oct | Friday | 1pm - 2pm | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20146 | TU05 | 28 | 5 | 2 Aug - 13 Sep | Monday | 2pm - 3pm | Badger, LG17, Teaching Room |
| 6 Oct - 6 Oct | Wednesday | 2pm - 3pm | Ligertwood, 316, Teaching Room | ||||
| 11 Oct - 25 Oct | Monday | 2pm - 3pm | Badger, LG17, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20147 | TU04 | 28 | 1 | 5 Aug - 16 Sep | Thursday | 10am - 11am | Engineering Nth, N218, Teaching Room |
| 7 Oct - 28 Oct | Thursday | 10am - 11am | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20149 | TU02 | 28 | 2 | 3 Aug - 14 Sep | Tuesday | 12pm - 1pm | Nexus10, 102, Teaching Room |
| 5 Oct - 26 Oct | Tuesday | 12pm - 1pm | Nexus10, 102, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| 20150 | TU01 | 28 | FULL | 3 Aug - 14 Sep | Tuesday | 10am - 11am | Engineering Nth, N218, Teaching Room |
| 5 Oct - 26 Oct | Tuesday | 10am - 11am | Engineering Nth, N218, Teaching Room | Note: This class is only available for face-to-face (on-campus) students. | |||
| Automatic Enrolment Class: Lecture | |||||||
| Class Nbr | Section | Size | Available | Dates | Days | Time | Location |
| 28942 | LEC0 | 370 | 27 | This class does not have any timetabled face-to-face sessions. Please check MyUni or contact your Course Coordinator for details. | Note: Please ignore the above note and refer to the following details - This class now has a FACE TO FACE option for those who can attend. This class will be recorded during the face-to-face session. For online students please see recording in MyUni after the scheduled session. Details of the face to face session are as follows: Wednesdays 10-11am (Adelaide Time), Helen Mayo N103 Lecture Theatre AND Fridays 9-10am (Adelaide Time), The Braggs Lecture Theatre. | ||
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