ECON20023 Economics for Business

This course encompasses an intensive/extensive introduction to economic theory and analysis as well as a study of some applications of economics to the Australian economy and to Australian enterprises. Students will be required to study and to explain the theoretical bases of modern macro-economics. A significant part of the course will be devoted to microeconomic theory and analysis with some application to current industry policy in Australia. Along with the acquisition of analytical skills, students will gain an appreciation of economics as a discipline which cannot be divorced from philosophy, mathematics, psychology, and history. If you have recently completed studies in Economics for Business in an Australian undergraduate program, you are advised to seek substitution for this course if it is compulsory for your current program. Alternatively, if your program allows, you may seek exemption.