|1.||Identify through analysis, the basic problem of scarcity facing modern societies;|
|2.||Demonstrate the use of market dynamics models in economic reasoning to solve simple but important economic problems facing contemporary businesses;|
|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 real world business decision making and investigate the impact of government policy on proposing these decisions in a globalised world;|
|6.||Effectively communicate the economic decision making process incorporating social, cultural and environmental objectives; and|
|7.||Clarify key economic concepts and principles by employing appropriate academic language and numeracy skills to demonstrate economic literacy relevant for paraprofessional work in the field.|
|Test||Test (0.5 hours)||20%|
|Assignment||Learning in the Work Place or Community (600 words)||30%|
|Examination||Final Examination (2 hours)||50%|
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