Unit details
Prerequisites
BEO1105 - Economic Principles
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Learning Outcomes
1. | Critically reflect on behaviour, choices and decision of consumers with reference to a broad range of concepts, theories and methods of modern economic analysis; | ||
2. | Conceptualise how producers make business decisions based on cost and revenue; | ||
3. | Explain how resources are allocated in a market economy under various markets structures; | ||
4. | Critically evaluate how government policies affect consumers, producers and markets; | ||
5. | Exercise critical thinking and judgement in identifying and solving economic problems with intellectual independence; and | ||
6. | Research collaboratively and communicate economic knowledge in a clear and coherent manner in the form of a professional market/industry report. |
Assessment
Melbourne campuses
Students studying under the VU Block Model.
Assessment type | Description | Grade |
---|---|---|
Test | Online quiz | 20% |
Report | Group report | 30% |
Test | In-class Test | 50% |
Other locations
Assessment type | Description | Grade |
---|---|---|
Test | In-class Test | 20% |
Report | Group report | 30% |
Examination | Final Examination | 50% |
Required reading
Microeconomics (9th ed.).
Pindyck, RS & Rubinfeld, DL (2017).
Boston, USA: Pearson.
Where to next?
As part of a course
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