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MAE101 - Economic Principles

Unit details

Year2016 unit information
Enrolment modes:Trimester 1: Warrnambool, Waterfront (Geelong), Cloud (online)
Trimester 2: Burwood (Melbourne)
Credit point(s):1
EFTSL value:0.125
Unit chair:

H Jia

Prerequisite:

Nil

Corequisite:Nil
Incompatible with: Nil
Contact hours:

Campus: 2 x 1 hour classes, 1 x 1 hour seminar per week

Cloud (online): Learning experiences are via CloudDeakin

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

Assessment 1 (Individual) – Aplia/Cloud Online quizzes and experiments – 20%
Assessment 2 (Individual) - Written assignment (which may include a digital presentation, group) – graphs, calculations using digital technologies, explanations, critical analysis (2000 words) - 20%
Examination (2 hours) – 60%

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

Unit Fee Information

All Commonwealth Supported Place (CSP), fee paying undergraduate and pre-2016 commencing students

Unit fee information available soon


2016 commencing International and full fee paying postgraduate domestic students

Your units are priced based on the course you are enrolled in. Please refer to the current year's course entry to estimate the unit cost.


You can calculate the cost of each unit by using the following calculation:


Course fee x unit EFTSL value = unit price

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