FS0201 - Economics

Credit points:	03
Year:	2013
Student Contribution Band:	Band 3
Administered by:	School of Arts & Social Sciences

This introductory subject prepares the student to understand and appreciate the multi-faceted nature of business and economic activity. Students are exposed to the key decision areas relevant to business owners and to realise the impact of external environmental forces on business decision-making. The economic decisions of consumers, producers and governments are introduced to students with a focus on basic economic principles and procedures.

Learning Outcomes

• become aware of the underlying economic principles in the conduct of business activity;
• develop an understanding and appreciation of economic factors and forces underpinning business activity and decision making;
• acquire knowledge of key decision making processes at the microeconomic and macroeconomic level;
• understand and appreciate the international context of business activity.

Graduate Qualities

• The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
• The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
• The ability to read complex and demanding texts accurately, critically and insightfully;
• The ability to speak and write clearly, coherently and creatively.

Prerequisites:

5.5 IELTS Equivalence

Availabilities
JCU Singapore, Internal, Study Period 51
Census Date 21-Mar-2013
Coord/Lect:	Ms Kanwaljit Kaur.
Contact hours:	18 hours lectures 12 hours tutorials 6 hours workshops/Seminars
Assessment:	end of semester exam (50%); class test (invigilated) demand/supply/economic systems/ppc (20%); project work/video (non-invigilated) economic issues (30%).
Special Assessment Requirements:	Nil
Restrictions:	An enrolment quota applies to this offering.
JCU Singapore, Internal, Study Period 52
Census Date 18-Jul-2013
Coord/Lect:	Ms Kanwaljit Kaur.
Contact hours:	18 hours lectures 12 hours tutorials 6 hours workshops/Seminars
Assessment:	end of semester exam (50%); class test (invigilated) demand/supply/economic systems/ppc (20%); project work/video (non-invigilated) economic issues (30%).
Special Assessment Requirements:	Nil
Restrictions:	An enrolment quota applies to this offering.
JCU Singapore, Internal, Study Period 53
Census Date 14-Nov-2013
Coord/Lect:	Ms Kanwaljit Kaur.
Contact hours:	18 hours lectures 12 hours tutorials 6 hours workshops/Seminars
Assessment:	end of semester exam (50%); class test (invigilated) demand/supply/economic systems/ppc (20%); project work/video (non-invigilated) economic issues (30%).
Special Assessment Requirements:	Nil
Restrictions:	An enrolment quota applies to this offering.

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.