Economics for Business Decision Making (BUSS1040)

UNIT OF STUDY

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.

Our courses that offer this unit of study

Further unit of study information

Classes

1x 2hr lecture and 1x 1hr tutorial per week

Assessment

written assignment (15%), on-line quizzes (10%), mid-semester exam (20%), and final exam (55%)

Faculty/department permission required?

No

Unit of study rules

Prohibitions

ECOF1005

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.