Principles of Economics

Bond University

Course Description

  • Course Name

    Principles of Economics

  • Host University

    Bond University

  • Location

    Gold Coast, Australia

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Course Level Recommendations

    Lower

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

    10
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4.5 - 6
  • Overview

    Introduction
    Students are introduced to economic analysis and its applications. Topics include: decision making, analysis of constraints, analysis of benefits and costs, maximisation, competitive pressures and market forces, and public policy issues. By the end of the subject, successful students will be equipped with the tools of economics and prepared to address economic problems in their day to day lives, industry, politics, society, and the environment.

     

     
    Learning Objectives
    1. Students will become familiar with economic way of thinking as it applies the individual consumer, the individual firm and government decision making.
    2. Use economic models to analyse a situation in terms of economics.
    3. Relate the basic theory of economic theory and principles to current microeconomic issues and evaluate related public policy.
    4. Make informed and critical assessment and criticism of the public debate on many economic policy issues.