University Course Planner The University of Adelaide Australia

ECON 1012UACM - Principles of Economics I

Career: Non-Award
Units: 3
Term: Term 4
Campus: UofA College Melbourne
Contact: Up to 3 hours per week
Restriction: Available only to University of Adelaide College Melbourne Campus students
Available for Study Abroad and Exchange: No
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

Tuition fees for students undertaking this course are charged by University of Adelaide College.


Course Outline

A Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here


Critical Dates

Term Last Day to Add Online Census Date Last Day to WNF Last Day to WF
Term 4 Mon 14/10/2024 Mon 14/10/2024 Tue 19/11/2024 Wed 11/12/2024


Class Details

No classes available.