ECO130 Business Economics (8)

This subject introduces students to the economist's way of thinking about the activities of individuals and institutions (both private and government) which determine the nature of our business and social environment. The subject presents, applies and assesses the key theoretical principles in microeconomics and macroeconomics that enable us to make sensible decisions in a complex world.


Session 1 (30)
Bathurst Campus
Session 2 (60)
On Campus
Albury-Wodonga Campus
Bathurst Campus
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Wagga Wagga Campus
Bathurst Campus
Session 3 (90)
On Campus
CSU Study Centre Melbourne
CSU Study Centre Sydney
Bathurst Campus

Continuing students should consult the SAL for current offering details: ECO130. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System



One session


School of Accounting and Finance

Enrolment Restrictions

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.

Subject Relationships

ECO120 Similar Content
ECO100 Similar Content
ECO110 Similar Content

Incompatible Subjects

ECO100, ECO110, ECO120

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to apply economic concepts and principles to daily life activities;
  • be able to recognise and outline market related decisions in the context of the conditions of demand and supply;
  • be able to explain the price and output decisions of a firm under different market structures;
  • be able to discuss the nature of market failure and the role of government intervention;
  • be able to describe assessments of the health of the economy as a whole; and
  • be able to explain why government intervention in the economy may be necessary.


This subject will cover the following topics:
  • Introduction to Economics
  • Demand and Supply
  • Production and Costs
  • Market Structure
  • Market Failure and Government Intervention
  • The Nature of the Macro-economy
  • A Macroeconomic Model
  • The Monetary and Financial System
  • Monetary and Fiscal Policy
  • Policy Issues in an Open Economy

Indicative Assessment

The following table summarises the assessment tasks for the online offering of ECO130 in Session 3 2020. 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).

Item Number
Value %
Assessment 1: discussion board posting
Assessment 2: discussion board comments
Assessment 3 - problems
Assessment 4 - problems
Assessment 5 - final exam

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.