This subject introduces students to the basic economic concepts and principles. Students will gain a sufficient understanding of the concepts to apply them in both work and everyday life. The subject provides a foundation for further studies in economics and more generally in business, management, and marketing. Students will be also able to follow discussions about the current business environment and effectively participate in the formulation of business strategies. The subject is designed as a combination of micro and macro issues at an introductory level. The first half of the subject introduces students to the tools of economic analysis, an understanding of price formation, the behaviour of firms and consumers and the basic models of market structure and their efficiency. The second half of the subject covers the key macroeconomic concepts such as inflation and unemployment, and fiscal and monetary policy.
HD/FL
One session
School of Accounting and Finance
Not available to students who have completed ECO100, ECO110, ECO120, RMBU1642 or RMBU1639 Sydney University Orange Campus economic subjects and not available to post graduate students.
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The following table summarises the assessment tasks for the online offering of ECO130 in Session 1 2019. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).
The information contained in the CSU Handbook was accurate at the date of publication: October 2020. The University reserves the right to vary the information at any time without notice.