EC5103 - Business Economics

Credit points:	03
Year:	2006
Student Contribution Band:	Band 2
Administered by:

Available to GuangZhou students - As outlined in the JCU/GuangZhou University agreement. Available to the Townsville students - as outlined in the Master of Professional Accounting course.

This subject provides an introduction to economic analysis, with particular applications to decision-making in business. On completion, students should have an understanding of economic concepts, be able to construct economic arguments in terms of these concepts and be able to apply simple economic models to the analysis of relevant economic issues.

Learning Outcomes

• provide benefits to business students in terms of the ability to use economic principles in 'rational' decision-making;
• develop an understanding of the economic environment in which business decisions must be made;
• familiarity with key business and economic statistics that are periodically released by the Australian government and international agencies, including the Australian Bureau of Statistics, the Reserve Bank of Australia, the Australian Treasury, the OECD and the IMF;
• devleop an understanding of the role and impact of economic policy.

Graduate Qualities

• The ability to think critically, to analyse and evaluate claims, evidence and arguments;
• The ability to adapt knowledge to new situations;
• The ability to calculate, produce, interpret and communicate numerical information.

Availabilities
, , Study Period 36
Census Date 24-Mar-2006
Face to face teaching 26-Feb-2006 to 02-Apr-2006
Coordinator:	ecogs
Lecturers:	ecogs, Natalie Stoeckl.
Contact hours:	26 hours 12 hours
Assessment:	(60%); (20%); (20%).
, , Study Period 3
Census Date 27-Jan-2006
Face to face teaching 21-Jan-2006 to 12-Feb-2006
Coordinator:	ecogs, jc131962
Lecturer:	coe-veg.
Contact hours:	26 hours 12 hours
Assessment:	(60%); (20%); (20%).
, , Study Period 7
Census Date 21-Jul-2006
Face to face teaching 15-Jul-2006 to 06-Aug-2006
Coordinator:	ecogs, jc131962
Contact hours:	26 hours 12 hours
Assessment:	(60%); (20%); (20%).
, , Study Period 22
Census Date 08-Sep-2006
Coordinator:	coe-veg
Contact hours:	26 hours 12 hours
Assessment:	(60%); (20%); (20%).
, , Study Period 23
Census Date 22-Dec-2006
Coordinator:	coe-veg
Contact hours:	26 hours 12 hours
Assessment:	(60%); (20%); (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.