Unit details
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Learning Outcomes
1. | Identify and discuss the basic problem of scarcity facing modern societies; | ||
2. | Demonstrate the use of market dynamics model in economic reasoning and problem solving; | ||
3. | Evaluate the forces that influence economic decision making for sustainable use of resources; | ||
4. | Evaluate key economic indicators relevant to business, household and government for sustainable development; | ||
5. | Apply elementary economic theories and techniques in business decision making and government policy; and | ||
6. | Communicate the economic decision making process incorporating social, cultural and environmental objectives. |
Assessment
Melbourne campuses
Students studying under the VU Block Model.
Assessment type | Description | Grade |
---|---|---|
Presentation | Group Presentation | 10% |
Test | Multiple choice tests - 2 progressive assessments (15%, 15%) | 30% |
Journal | Reflective Journals - 2 progressive assessments (15%, 15%) | 30% |
Test | Test | 30% |
Other locations
Assessment type | Description | Grade |
---|---|---|
Assignment | Assignment | 20% |
Test | Class test | 20% |
Examination | Final examination | 60% |
Required reading
Economics for Today, 4th Edition,
Layton, A., Robinson, T., and Tucker, B.T. (2012)
Cengage Learning, South Melbourne, Australia
Where to next?
As part of a course
This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.
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