Unit details
MAE101 - Economic Principles
| Offered at: | (B, G, W, X) |
|---|---|
| Credit point(s): | 1 |
| Offerings: | Trimester 1 (G, W), trimester 2 (B, X) |
| EFTSL value: | 0.125 |
| Unit chair: | H Jia (Trimester 1), E Manning (Trimester 2) |
| Coordinator: | H Jia (G), E Manning (B, X), P Hellier (W) |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Contact hours: | 2 x 1 hour lectures, 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 3 hours 60%
Hurdle requirement: achieve at least 50% of the marks available on the examination.
From Trimester 2, 2012:
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.
Unit Fee Information
| Student Contribution Rate* | Student Contribution Rate** | Student Contribution Rate*** | Fee rate - Domestic Students | Fee rate - International students |
| $1178 | $1178 | $1178 | $2386 | $2562 |
* Student contribution rate for Commonwealth Supported students who commenced studies from 2010
** Student contribution rate for Commonwealth Supported students who commenced studies from 2009
*** Student contribution rate for Commonwealth Supported students who commenced studies from 2008
Please note: Unit fees listed do not apply to Deakin Prime students.
