Year
2021
Units
4.5
Contact
1 x 3-hour workshop weekly
Enrolment not permitted
1 of BUSN1003, BUSN2003, ECON1003, ECON2013 has been successfully completed
Topic description

The topic will review the structure of the Australian economy and its performance in meeting various goals. Economic policy issues will be discussed including important policy issues that are currently being debated. Issues explored will include government intervention, taxation, immigration, protection, wage regulations, foreign investment and the financial system.

Educational aims

The aim is for students to understand the structure of the Australian economy and its performance in meeting various goals. Students should be able to analyse, evaluate and communicate important economic policy issues, such as government intervention, taxation, immigration, protection, wage regulations, foreign investment and the financial system.

Expected learning outcomes
On completion of this topic you will be expected to be able to:

  1. Explain key terms and concepts commonly used in economics, including their definition and meaning, and the limitations in their use
  2. Describe important historical trends in performance of the economy in key areas
  3. Locate and use appropriately, key economic data, both past and current, gathered by relevant agencies
  4. Explain the significant economic policy issues and debates in various aspects of the economy, including who the key stakeholders are and the perspectives they bring to the issues
  5. Analyse, evaluate and communicate arguments framed in an economic perspective, and be able to respond with your own view, framed in an appropriate manner

Key dates and timetable

(1), (2)

Each class is numbered in brackets.
Where more than one class is offered, students normally attend only one.

Classes are held weekly unless otherwise indicated.

FULL

If you are enrolled for this topic, but all classes for one of the activities (eg tutorials) are full,
contact your College Office for assistance. Full classes frequently occur near the start of semester.

Students may still enrol in topics with full classes as more places will be made available as needed.

If this padlock appears next to an activity name (eg Lecture), then class registration is closed for this activity.

Class registration normally closes at the end of week 2 of each semester.

Classes in a stream are grouped so that the same students attend all classes in that stream.
Registration in the stream will result in registration in all classes.
  Unless otherwise advised, classes are not held during semester breaks or on public holidays.