2013 Unit of Study
The session(s) below are for 2013. For Summer School 2013 unit of study availability please visit the Summer School website (main Summer session January/February 2013).
The University of Sydney session calendar shows exact dates for sessions.
| Economics for Business Decision Making | |
|---|---|
| UoS Code | BUSS1040 |
| Credit points | 6 |
| Offered | Semester 1 and Semester 2 |
| Prerequisites | None |
| Corequisites | |
| Prohibitions | ECOF1005 |
| Assumed Knowledge | |
| Additional Information | This unit of study is a compulsory part of the Bachelor of Commerce and combined Commerce degrees. |
| Lectures | 1x 2hr lecture and 1x 1hr tutorial per week |
| Assessment | Written assignment (15%), on-line quizzes (10%), mid-semester exam (20%), final exam (55%) |
| Description | Economics underlies all business decisions, from pricing, to product development, to negotiations, to understanding the general economic environment. This unit provides an introduction to economic analysis with a particular focus on concepts and applications relevant to business. This unit addresses how individual consumers and firms make decisions and how they interact in markets. It also introduces a framework for understanding and analysing the broader economic and public policy environment in which a business competes. This unit provides a rigorous platform for further study and a major in economics as well as providing valuable tools of analysis that complement a student\\\'s general business training, regardless of their area of specialisation. |