Swinburne University of Technology - Melbourne Australia
Future Students - Courses
Duration
Contact Hours
Campus
Prerequisite
Corequisite
One Semester or Term
36 Hours
Hawthorn, Sarawak
HBE110N Microeconomics
Nil
Credit Points: 12.5 Credit Points
A subject in the Bachelor of Commerce suite.
At the completion of this unit students should be able to: Understand the measurement, causes and costs of macroeconomic conditionsAnalyse the meaning and implications of Balance of Payments outcomesExplain the objectives, and workings of economic policiesEvaluate conditions within an economy and the appropriateness of policiesDraw and interpret graphs showing conditions in macroeconomic marketsRecognise and interpret the meaning of key macroeconomic data
Lecture (2 hours), Tutorial (1 hour)
Group workshop 10%-15%; online test 10%-15%; short answer test 20%-25%; participation 0%-5%; final examination 40-60%. Students must gain 50 marks overall, attempt all assessment items and score a minimum of 40% in the final exam.
The graduate attributes which relate to this unit help to produce graduates who are: Capable in their chosen professional, vocational or study areasEntrepreneurial in contributing to innovation and development within their business, workplace or communityEffective and ethical in work and community situationsAdaptable and able to manage changeAware of local and international environments in which they will be contributing (eg socio-cultural, economic, natural)
Macroeconomic indicatorsDetermination of levels of Output employment and pricesInflation and UnemploymentAustralian Balance of Payments and external debtForeign exchange marketsThe money market and Monetary policyFiscal policy and Microeconomic reform
There are several suitable texts available. A new edition of a text will be chosen and recommended when the unit is about to be delivered.
Students will be advised of appropriate recent relevant reading when the unit is offered. This would be updated each semester.
