BEO1105 - Economic Principles
|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.|
Students studying under the VU Block Model.
Microeconomics (9th ed.).
Pindyck, RS & Rubinfeld, DL (2017).
Boston, USA: Pearson.
Where to next?
As part of a course
You can choose to study this unit as part of the following courses. Refer to the course page for information on how to structure your course to include this unit.
VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.