MAE101 - Economic Principles

Unit details

Enrolment modes:	(B, S, W, X)
Credit point(s):	1
EFTSL value:	0.125
Unit chair:	M Wadud
Prerequisite:	Nil
Corequisite:	Nil
Incompatible with:	Nil
Contact hours:	1 x 2 hour lecture, 1 x 1 hour tutorial per week
Note: Online teaching methods require internet access. Please refer to the most current computer specifications.

Content

This unit is about the behaviour of consumers and producers and their interaction in the marketplace. The study of how markets operate is essential to understanding any form of economic behaviour in the global arena. The tools of market analysis developed in the unit provide the foundation for an understanding of issues such as coordinating people's needs with the world's limited resources, corporate pricing strategies, monopoly power, government regulation, the environment, income inequality, the economic relationships between countries and foreign trade.

Assessment

Written Assignment 1500 words 25%, Test(s) (Online/In Class) 15%, Examination 2 hours 60%

Hurdle requirement: achieve at least 50% of the marks available on the examination.

 

From Trimester 2 2013:

Assessment 1 (Individual) - Written assignment (which may include a digital presentation, group) – graphs, calculations using digital technologies, explanations, 2000 words 25%,

Assessment 2 (Individual) - Aplia: online quizzes and experiments 15%,

Examination 2 hours 60%.

Hurdle requirement: achieve at least 50% of the marks available on the examination.

Unit Fee Information

Student Contribution Rate*	Student Contribution Rate**	Fee rate - Domestic Students	Fee rate - International students
$1224	$1224	$2506	$2660

* Rate for all CSP students, except for those who commenced Education and Nursing units pre 2010
** Rate for CSP students who commenced Education and Nursing units pre 2010
Please note: Unit fees listed do not apply to Deakin Prime students.