University of Sydney Handbooks - 2013 Archive

Download full 2013 archive Page archived at: Mon, 20 May 2013 12:11:37 +1000

Undergraduate unit of study descriptions

This information shows descriptions for the following undergraduate units:

  • All undergraduate units of study offered by the University of Sydney Business School (ACCT, BUSS, CLAW, FINC, IBUS, INFS, MKTG, QBUS and WORK)
  • All undergraduate units of study from the School of Economics (Faculty of Arts and Social Sciences) subject areas of Econometrics (ECMT) and Economics (ECON/ECOS) and any Political Economy (ECOP), Government and International Relations (GOVT), and US Studies Centre (USSC) units of study from the Faculty of Arts and Social Sciences that are listed as electives for any Business School major.
  • All Sydney Law School units completed in the combined Law degree in the first three years (LAWS)
  • All Medicine units completed in the combined Medicine degree in the first three years (SMTP).

For descriptions of all other units of study from the Faculties of Agriculture and Environment, Arts and Social Sciences or Science, students should refer to these faculties' own handbooks (sydney.edu.au/handbooks).

The units are listed alphabetically by subject area for example ACCT, BUSS, CLAW etc.

Please Note:The Business School website (sydney.edu.au/business/ugunits) contains the most up to date information on unit of study availability and other requirements. Timetabling information for 2013 is also available on this website (sydney.edu.au/business/timetable). Students can also refer to the University of Sydney's unit of study handbook (https://ssa.usyd.edu.au/ssa/handbook/uossearch.jsp) for the latest information regarding unit of study descriptions, assessment or other requirements.

ACCT - Accounting

ACCT1006 Accounting and Financial Management

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Assessment: tutorial work (10%); practice set (15%);mid-semester exam (20%); final exam (55%)
Accounting and Financial Management is an introduction to financial reporting, and the gateway unit to further study in accounting and to a major in accounting. This unit builds upon the accounting context, presented in BUSS1030 Accounting, Business and Society, with the aim of developing the technical skills of recording basic business transactions through accounting systems. In addition to this technical focus, specific attention will be given to the way in which the accounting information can be used to undertake financial management and analysis, to give students the ability to produce and interpret financial reports.
ACCT2011 Financial Accounting A

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture and 1x1hr tutorial per week Assessment: Mid-semester examination (40%); Final examination (60%)
This unit examines the accounting and reporting practices of reporting entities, particularly listed public companies. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, the various regulatory requirements (professional and statutory) governing financial reporting. The unit commences with an overview of the financial reporting environment and theories that seek to explain the accounting policy choices of management. This framework provides a basis for examining a range of specific issues in financial accounting. Emphasis throughout the unit is on both the application of specific accounting techniques/rules and the conceptual/theoretical issues associated with alternative accounting methods.
ACCT2012 Management Accounting A

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1 x 2hr lecture and 1x 1hr tutorial per week Assessment: computer assignments (10%); quizzes (10%); case study assignment (20%);  final examination (60%)
This course provides students with an introduction to the basics of management/cost accounting; it equips them with necessary skills to use an industry-standard accounting system and management accounting information efficiently and effectively. Areas specifically covered include: cost terms and purposes, cost behaviour, cost-volume-profit analysis, cost estimation, basic and alternative product costing methods, detailed study of the mechanics of the budgeting process (master budgets, flexible budgets, standard costing and variance analysis, capital budgeting),  sustainability and environmental management accounting, decision making using relevant costs/revenues and cost allocation.
ACCT3011 Financial Accounting B

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture and 1x1hr tutorial per week Assessment: mid-semester examination (35%); group presentations (8%); group assignment (7%); final examination (50%)
This unit introduces students to accounting for investments in entities that are controlled or significantly influenced by the investor. The first part of the unit focuses on assessing whether an investment should be consolidated, the process of consolidation, the preparation of consolidated financial statements for corporate groups, including the treatment of goodwill, intra-group transactions and non controlling interests. Other aspects of group accounting, such as segment disclosures and related party disclosures, are investigated. The first part of the unit concludes with a critical analysis of the consolidation process, including the outcomes of the consolidation process and the impact of this upon the user of the consolidated financial statements. The second part of the unit focuses on critically evaluating current issues in accounting regulation and practice, such as the politics of the standard-setting process, using accounting for financial instruments as a special case. Finally, voluntary disclosures for social and environmental reporting are considered. This unit aims to further develop students' written communication skills and critical and analytic skills within the context of corporate group activities.
ACCT3012 Management Accounting B

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x1.5hr lecture and 1x1.5hr tutorial per week Assessment: Mid-semester examination (30%); Tutorial work/participation and Presentation (20%); Final examination (50%)
Note: Discipline Permission required for students who have not passed ACCT2012 (or ACCT2002)
Management Accounting B deals with the theory and practice of a selection of contemporary management accounting issues. The course begins by examining the influences that impact upon the design of an organisation and its management accounting system. Behavioural factors, rather than technical factors, are highlighted and a range of organisational settings and management levels are reviewed. The unit then examines advanced issues relevant to operational management accounting. While this section of the course builds on the foundations laid in Management Accounting A, the focus remains on the behavioural implications of accounting techniques for making decisions in organisations.
ACCT3013 Financial Statement Analysis

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Tutorial participation (10%); Mid-semester examination (20%); Group case studies (15%); Final examination (55%)
Although the appropriate 'form' of financial analysis depends largely on the specific context (e.g. equity investment, credit extension, analysis of supplier/customer health, competitor analysis, regulatory overview or intervention, valuation for takeover/restructuring), many of the techniques of financial analysis are common to each. A primary purpose of this course is to develop an understanding of these techniques, as well as the inherent difficulties in their application. Specific issues addressed include the analysis of business performance and disclosure, the analysis of earnings quality, cash flow assessment, credit worthiness and accounting-based valuation methods.
ACCT3014 Auditing and Assurance

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture and 1x1hr tutorial per week Assessment: Individual/Group assignments (20%); Mid-semester examination (30%); Final examination (50%).
This unit of study examines the process of auditing and the concepts which underlay the practice. Although the focus of attention is on audits of financial reports undertaken in compliance with the Corporation Act 2001, reference is also made to other forms of audit and assurance. The course is intended to provide an overview of the audit process within the context of Australian Auditing Standards. The course is both practical and theoretical, with students required to apply their knowledge to case studies developed from practice.
ACCT3031 International Corporate Governance

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Individual assignments and/or exam (75%); Group case study assignment(s) (25%)
This unit examines the evolving view of corporate governance from an international perspective, with reference to Australian principles. Corporate governance from a narrow view is concerned with how a corporation is controlled, to the establishment of sets of arrangements affecting the conduct of an organisation and its relationship with stakeholders. Specific issues examined in this unit include the legal framework; control and culture of the modern corporation; operations of a Board; role of board sub-committees; Boards and the development or endorsement of strategies; measuring and rewarding performance; corporate governance, financial reporting and disclosure; corporate governance and the audit process; governance within the global financial crisis.
ACCT3032 Current Issues in Management Accounting

Credit points: 6 Session: Semester 1 Classes: 1x 1hr lecture and 1x 2hr tutorial per week Assessment: In-class tests (20%); Research Presentation (20%); Tutorial contribution (10%); Final examination (50%)
This unit builds on the fundamentals of management accounting practice (ACCT2012) by introducing a series of advanced management accounting topics such as strategic management accounting, accounting innovation, human resource management, social and environmental accounting and designing management accounting systems. In addition, this unit relaxes the hitherto held assumption that management accounting works in a world characterised by certainty and rationality and instead shows that management accounting more often operates in a world characterised by fuzziness and ambiguity. This real-world view requires students to develop their judgemental skills and to adopt a more critical and reflective approach that challenges their beliefs about how management accounting works in practice.
ACCT3098 Accounting Honours Preparation A

Credit points: 3 Session: Semester 1 Classes: 1 x 1.5 hr seminar per week Assessment: Seminar participation (10%); Paper summaries (10%); Paper presentation (20%); Essay (30%); Research Proposal (30%)
Note: Department permission required for enrolment
Note: Entry to this unit of study is at the discretion of the Discipline. Students will require a credit average in previous ACCT units attempted.
The purpose of this unit of study is to prepare students for entry to the fourth year honours program in accounting. As such, this unit of study has been designed to: first, extend the substantive knowledge of students in relation to financial accounting by examining emerging/advanced issues in relation to theory and practice; second, introduce students to different ways of conducting accounting research, considering extant research mobilising a variety of epistemologies and research methods; and, third, assist students to identify potential topic areas for research and appropriate research questions. The course will be based on a series of readings drawn from the accounting research literature.
ACCT3099 Accounting Honours Preparation B

Credit points: 3 Session: Semester 2 Classes: 1 x 1.5 hr seminar per week Assessment: Class participation (10%); Individual essay 1 (45%); Individual essay 2 (45%)
Note: Department permission required for enrolment
Note: Entry to this unit of study is at the discretion of the Discipline. Students will require a credit average in previous ACCT units attempted.
The purpose of this unit of study is to prepare students for entry to the fourth year honours program in accounting. As such, this unit of study has been designed to: first, extend the substantive knowledge of students in relation to management accounting by examining emerging/advanced issues in relation to theory and practice; second, introduce students to different ways of conducting accounting research, considering extant research mobilising a variety of epistemologies and research methods; and, third, assist students to identify potential topic areas for research and appropriate research questions. The course will be based on a series of readings drawn from the accounting research literature.

BUSS - Business School

BUSS1001 Understanding Business

Credit points: 6 Teacher/Coordinator: Dr Leanne Piggott Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Assessment: Summarising and Referencing (0%); Applying Business Concepts (25%); Case studies (10%); participation (15%); exam (50%)
This unit of study is the first of two junior core units aimed at introducing students to the internal and external contexts in which business operates in the twenty-first century. It also aims to lay the foundations for effective communication (written and oral), critical analysis, problem solving, and team work skills, which are essential to achieving program learning goals. In this unit, students will build an understanding of the dynamics of business through the lens of the company and its stakeholders. Business ethics is also introduced as key learning goal.
BUSS1002 The Business Environment

Credit points: 6 Teacher/Coordinator: Dr Leanne Piggott Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Assessment: Media summary & analysis (30%);Tutorial participation (10%); Company report (30%); exam (30%)
This unit of study is the second of two junior core units aimed at introducing students to the external and internal contexts in which business operates in the twenty-first century while developing effective problem solving, critical analysis and communication skills. In this unit, students will build an understanding of the economic, political and regulatory, socio-cultural, and technological factors that impact on the external context of the commercial landscape while developing an awareness of potential of risk and change. An awareness of corporate social responsibility and sustainability is also introduced as a key learning goal.
BUSS1020 Quantitative Business Analysis

Credit points: 6 Teacher/Coordinator: Dr Daniel Oren Session: Semester 1,Semester 2 Classes: 1 x 2hr lecture and 1 x 2hr tutorial per week Assessment: Homework (15%); Quizzes (30%); Group Presentation (5%); Assignment (10%); Final Exam (40%)
All graduates from the BCom need to be able to use quantitative techniques to analyse business problems. This ability is important in all business disciplines, since all disciplines deal with increasing amounts of data, and there are increasing expectations of quantitative skills. This unit shows how to interpret data involving uncertainty and variability; how to model and analyse the relationships within business data; and how to make correct inferences from the data (and recognise incorrect inferences). The unit will include instruction in the use of software tools (primarily spreadsheets) to analyse and present quantitative data.
BUSS1030 Accounting, Business and Society

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Assessment: Tutorial work (15%); Written assessment (15%); Mid-semester examination (20%); Final examination (50%)
This unit investigates the fundamentals of accounting and aims to provide a broad understanding of the role of accounting in the context of business and society. The format of the unit is designed to show that there are many uses of accounting data. The focus moves from accountability to decision making; both functions are explained through examples such as the 'double entry equation', and from an output (financial statements) perspective. Some more technical aspects of accounting are outlined, including the elements of assets, liabilities, revenues and expenses within simple, familiar scenarios. Besides developing an understanding of the role of accounting via conventional financial reports, recent developments including the discharge of accountability by companies through the release of corporate social and environmental reports and the global financial crisis, are explored with an accounting lens.
BUSS1040 Economics for Business Decision Making

Credit points: 6 Teacher/Coordinator: Dr Andrew Wait Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Written assignment (15%), on-line quizzes (10%), mid-semester exam (20%), final exam (55%)
Note: This unit of study is a compulsory part of the Bachelor of Commerce and combined Commerce degrees.
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.
BUSS1900 Managing Business Communication A

Teacher/Coordinator: Sue Lord Session: Semester 1,Semester 2 Classes: 1x1 hour of workshop per week Assessment: Workshop attendance and participation and poster presentation (100%)
BUSS1900 Managing Business Communication A is designed to support students in developing their business communication skills at the very outset of their degree to ensure success in the semesters that follow. BUSS1900 is a non-fee, non-credit weighted unit. All commencing undergraduate students are enrolled in BUSS1900 but have the option of withdrawing following a mandatory waiver test. The test is conducted during 0rientation Week (O Week) preceding the start of each semester. Following the waiver test, if a student's response indicates that they will benefit from additional support in their first semester they will remain enrolled in BUSS1900 and their timetable will provide the details of their weekly 1 hour workshop. These classes will provide students with assistance in academic writing, analysing, summarising, referencing, quoting and paraphrasing. Results have shown that regular attendance at BUSS1900 workshops improves substantially students' pass rate in their other units through improved academic writing skills.
BUSS1901 Managing Business Communication B

Session: Semester 1,Semester 2 Classes: 2 x 3 hours per week Assessment: Assessments and workshop attendence (100%)
Note: Department permission required for enrolment
The aim of this unit is to support students manage their business communication skills more effectively. This unit is taught in conjunction with BUSS1001 Understanding Business.
BUSS2100 Business Placement A (Internship)

Credit points: 6 Teacher/Coordinator: Dr Leanne Piggott Session: Int December,Int February,Int January,Int July,Int June,Int March,Int November,Semester 1,Semester 2 Classes: Wks 1-3: 1x 3hrs pre-placemnt workshops; Wks 4-12: 3 ½ days a week internship; Wk 13: presentation Assessment: Learning contract (0%); Work learning journal (20%), Placement presentation (15%), Research report (65%)
Note: Department permission required for enrolment
This unit is designed to consolidate students' knowledge and skills in business while conducting an industry placement. The unit is structured around three assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts in a real world setting. During the placement, students may be involved in a variety of different industry and client-based projects, which will afford the opportunity to apply business skills and theories from prior learning. This will provide firsthand experience of how these skills and theories can support the solving of business problems in a real business context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable an organisation to fully realise its competitive potential.
BUSS2200 Business Placement B (Internship)

Credit points: 6 Teacher/Coordinator: Dr Leanne Piggott Session: Int December,Int February,Int January,Int July,Int June,Int March,Int November,Semester 1,Semester 2 Classes: Wks 1-3: 1x 3hrs pre-placemnt workshops; Wks 4-12: 3 ½ days a week internship; Wk 13: presentation Assessment: Learning contract (0%); Work learning journal (20%), Placement presentation (15%), Reserach report (65%)
Note: Department permission required for enrolment
This unit is designed to further consolidate students' knowledge and skills in business while conducting an industry placement. The unit is structured around assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts in a real business setting. During the placement students may be involved in a variety of different industry and client-based projects, which will afford the opportunity to apply business skills and theories from prior learning. This will provide firsthand experience of how these skills and theories can support the solving of business problems in a real business context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable an organisation to fully realise its competitive potential.
BUSS2220 Small Business Structures and Taxation

Credit points: 6 Session: Semester 2 Classes: 1x 3hr seminar per week. Assessment: Taxation portfolio (50%); Presentation (20%); Exam (30%)
Note: Department permission required for enrolment
Note: Students must have permission from the Director of the Business Programs Unit in the Business School to enrol in this unit.
Many graduates will be faced with the opportunity of running a business in their chosen field and will need to have the business acumen and skills to make informed business decisions. Choosing the right business structure and understanding and meeting taxation and superannuation obligations is an important component of operating a successful and effective business. This unit of study aims to provide prospective business operators with the tools, knowledge and information that will help them decide which legal structure best suits their needs and to meet their taxation and superannuation obligations throughout the lifecycle of their business.
The subject begins with an introduction to the Australian legal and taxation systems. It is followed by the various issues that need to be considered when starting a business such as selecting the right business structure that suits the individual's needs and focuses on key registration requirements. Tax topics include income tax and deductions; the goods and services tax; special rules and concessions that apply to small business; employer obligations; record keeping; completing activity statements and common tips and traps those business operators should be aware of.
BUSS2500 Washington D.C. Placement Program

Credit points: 6 Teacher/Coordinator: Dr Leanne Piggott Session: Int February,Semester 2 Classes: 1 day pre-departure seminar (Sydney), 5x 2hr lectures (Washington DC), 4 day a week internship placement (Washington DC) Assessment: Learning contract (0%); Work learning journal (20%), Placement presentation (15%), Research report (65%)
Note: Department permission required for enrolment
This unit will be taken by students accepted into the University of California Washington DC (UCDC) Winter Program while they undertake a professional placement with a business, government, non-government or media organisation. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a learning journal, research essay, and oral presentations all based on the internship placement and study abroad experience. A Pass/Fail 'Learning Contract' will be developed in the first two weeks of your internship in order to provide clear guidelines for your internship learning goals/objectives (knowledge, skills and values); strategies for achieving these goals; intended output; self and supervisor assessment criteria.
BUSS2501 LA Placement Program

Credit points: 6 Teacher/Coordinator: Dr Leanne Piggott Session: Int January,Semester 2 Classes: 1 day pre-departure seminar (Sydney), 5x 2hr lectures (Los Angeles), 4 day a week internship placement (Los Angeles) Assessment: Learning contract (0%); Work learning journal (20%), Placement presentation (15%), Research report (65%)
Note: Department permission required for enrolment
This unit will be taken by students accepted into the University of California Los Angeles (UCLA) Winter Program while they undertake a professional placement with a business, government, non-government or media organisation. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a reflective journal, research essay, and oral presentations all based on the placement and study abroad experience.
BUSS2502 Paris Placement Program

Credit points: 6 Session: Int July Classes: 1 day pre-departure seminar (Sydney), 5x 2hr lectures (Paris), 4 day a week internship placement (Paris) Assessment: Learning contract (0%); Work learning journal (20%), Placement presentation (15%), Research report (65%)
Note: Department permission required for enrolment
This unit will be taken by students accepted into the Sciences Po Summer Program while they undertake a professional placement with a business, government, or international organisation. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a reflective journal, research report, and an oral presentation, each based on the placement and study abroad experience. (As a part of the Sciences Po Summer Program, students will engage in an in depth study of the European Union, including its current financial difficulties, and French language tuition.)
BUSS3100 Business Placement C (Internship)

Credit points: 6 Session: Int December,Int February,Int January,Int July,Int June,Int March,Int November,Semester 1,Semester 2 Classes: Wks 1-4: 1x 3hrs class per week; Wks 5-12: 3 ½ days a week internship; Wk 13: 1 x 3hr class Assessment: Learning contract (0%); Work learning journal (20%), Placement presentation (15%), Research report (65%)
Note: Department permission required for enrolment
This unit is designed to consolidate students' knowledge and skills in business while conducting an internship in industry. The unit is structured around three assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts in a real world setting. During the internship, students may be involved in a variety of different industry and client-based projects, which will afford the opportunity to apply business skills and theories from prior learning. This will provide firsthand experience of how these skills and theories can support the solving of business problems in a real business context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable an organisation to fully realise its competitive potential.
BUSS3500 Integrated Business Applications

Credit points: 6 Teacher/Coordinator: Dr Barney Tan Session: Semester 1,Semester 2,Summer Main Classes: 1x 2hr of lectures and 1x 1hr tutorial per week Assessment: Group Continual Assessment (10%); Group Project (50%); Final Exam (40%)
This unit provides a capstone for students undertaking the Bachelor of Commerce and Bachelor of Commerce combined programs. It aims to provide students with the practical application of identifying, analysing, and solving contemporary business problems that might involve planning, implementing and evaluating organisational changes which provide solutions to such problems. Students will be introduced to a range of methodologies at each stage of the process of solving business problems, executing solutions, and implementing organisational change. In doing so, the unit will allow students to: apply theories and concepts of business problem solving and change implementation in the context of a specific business case; provide a process framework of business problem solving and team-based learning within which they can integrate functional disciplinary knowledge they have been exposed to in their disciplinary majors; and develop a range of generic skills in problem solving, critical analysis, team-working, research and communication skills.
Textbooks
Integrated Business Applications
BUSS4000 Honours in Business

Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is administrative only and serves as a consolidation for all marks to represent a single final mark for students undertaking Honours. Marks will be drawn from BUSS4001, BUSS4002, BUSS4003 and BUSS4004.
BUSS4001 Business Honours Research Methods

Credit points: 12 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit will be taken by students studying for Honours. The unit encompasses Research Methods training and research proposal development.
BUSS4002 Business Honours Specialisation A

Credit points: 12 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit will be taken by students studying for Honours. The unit is one of two specialisation units that allow Disciplines to deliver advanced material in a flexible manner.
BUSS4003 Business Honours Specialisation B

Credit points: 12 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit will be taken by students studying for Honours. The unit is one of two specialisation units that allow Disciplines to deliver advanced material in a flexible manner.
BUSS4004 Business Honours Thesis

Credit points: 12 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit will be taken by students studying for Honours. The unit represents the Honours Thesis and associated presentation of the research work undertaken.
BUSS9100 French Internship Program

Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the French Internship program.
BUSS9106 International Exchange Program

Credit points: 6 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9112 International Exchange Program

Credit points: 12 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9118 International Exchange Program

Credit points: 18 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9124 International Exchange Program

Credit points: 24 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9200 French Internship Program

Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the French Internship program.
BUSS9206 International Exchange Program

Credit points: 6 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9212 International Exchange Program

Credit points: 12 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9218 International Exchange Program

Credit points: 18 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.
BUSS9224 International Exchange Program

Credit points: 24 Session: Semester 1,Semester 2
Note: Department permission required for enrolment
This unit is recognition for student participation in the International Exchange program.

CLAW - Business Law

CLAW1001 Foundations of Business Law

Credit points: 6 Session: Semester 1,Semester 2 Classes: 2hrs of lectures and 1x 1hr tutorial per week Assessment: Mid-Semester exam (20%), Case Analysis Assignment (20%), Final exam (60%)
The entire fabric of commerce is woven from a complex legal regime, judicial and statutory, which regulates all commercial activity. Every decision in business, and every transaction and relationship, is made in the context of this legal regime. The aim of Foundations of Business Law is to introduce the students to the legal framework and regulatory systems which underlie all business activity and to expose them to the legal implications of commercial conduct. This unit of study introduces the Australian legal system and key areas of substantive business law including contracts, torts (in particular negligence and privacy), property and securities, white collar crime, intellectual property, competition and consumer law (in particular advertising, product liability and unfair contracts), business structures and operations, misleading and unconscionable conduct and dispute resolution.
CLAW2201 Corporations Law

Credit points: 6 Session: Semester 1,Semester 2 Classes: 2hrs of lectures and 1x 1hr tutorial per week Assessment: Class Test (40%), Tutorial work and participation (10%), Final Exam (50%)
Companies are an integral part of our business environment. All participants in the world of business have dealings with companies - whether as employees, clients, customers, directors, shareholders, creditors, debtors, suppliers, vendors, consultants or professional advisers. This makes it essential to have an understanding of the legal nature and characteristics of companies and the manner in which their activities and management are regulated. In this unit, the legal "life cycle" of a company is examined along with a comparison of companies to other business entities. The ways in which important activities undertaken by companies are regulated are explored including: entering contracts, raising funds, issuing shares, paying dividends. Consideration is given to the duties and obligations the law places upon those who manage companies, and the consequences which may result from any breach of those duties and obligations. The position of companies in financial difficulty and the final stages in the life cycle of an insolvent company are also addressed.
CLAW2202 Business Failure and Restructuring

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Engagement & Participation (10%), Class Test (20%), Group case study (30%), Final 2hr exam (40%)
Financial difficulty is an ever present reality for individuals and businesses. This unit addresses corporate insolvency and the bankruptcy of individuals and their consequences, and legal and commercial strategies for financial rehabilitation. The focus of the unit is corporate insolvency and the forms of external administration (receivership, voluntary administration, deeds of company arrangement, schemes of arrangements and winding up) designed to either rescue the corporation or, if this is not possible, to provide a fair and orderly process for dealing with its property. Particular emphasis is given to rescue and deconstruction under voluntary administration. Director's duties in the insolvency context, and corporate group and cross border insolvency, are also discussed.
CLAW2203 Regulation of Capital Markets

Credit points: 6 Session: Semester 1 Classes: Three hours of classes per week, which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Mid-semester class test (20%), Take home case study or Research paper (30%), Final examination (50%)
As capital markets for debt and equity become increasingly sophisticated understanding their regulation is essential. This unit examines the regulation of capital markets and the legal and industry controls governing their operation. Detailed consideration is given to the Australian Securities and Investments Commission's powers and responsibilities, including the areas of: financial service providers, short selling, insider trading and other market misconduct, market integrity, corporate governance, disclosure and proposals to reform the regulatory environment. The roles of other institutions such as the Australian Securities Exchange and the status and enforcement of its listing rules are also explored.
CLAW2204 Banking and Finance Law

Credit points: 6 Session: Semester 1 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Case analysis (20%), Hypothetical problem (20%), Final exam (60%)
Banks and financial institutions are central to the stability, efficiency and wealth of modern economies and businesses. This unit focuses on the impact of national and international financial regulation on banking contracts, bank secrecy, money laundering and fraud. Students will become familiar with legal risks in commercial and investment banking, by examining the complex relationships and legal duties of the various parties engaged in modern finance. Topics covered will include electronic banking, international trade finance and securitisation. The unit will assist students in understanding how the law is applied in practice by using case studies. Special emphasis will be placed on how banking disputes may be resolved.
CLAW2205 Competition and Consumer Law

Credit points: 6 Session: Semester 1 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Participation and engagement (15%), Individual research assignment (30%), Team research assignment (30%), In-class tests (25%)
Competition and consumer law impacts on everyone and on every business. This unit examines provisions in the Competition and Consumer Act 2010 (Cwth) that regulate a range of business activities, including, dealings between businesses and with consumers, pricing, advertising and unfair practices. The focus will be on current enforcement priorities of the Australian Competition and Consumer Commission and topics covered will include: cartel conduct, misuse of market power, vertical restraints on competition, anti-competitive acquisitions and key aspects of Australian consumer law including: product safety, consumer guarantees, unfair contract terms, unconscionable conduct and misleading or deceptive conduct. Students will analyse legal and business issues involving competition and consumer law arising from given fact situations and real-world contexts to increase awareness of legal risk situations in business and understanding of how these risks may be managed.
CLAW2207 Business, Ethics and the Law

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week, which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Mid-semester class test (20%), Take home case study or Research paper (30%), Final examination (50%)
Australian businesses operate in a complex regulatory environment that imposes legal obligations on business conduct. Society is increasingly demanding ethical and social responsibility from business, its managers and their professional advisers. This unit analyses the relationship between business, ethics and the law. This unit applies ethical philosophies to case studies in order to explore the types of decisions made by professionals and business managers. The unit examines the professional and legal obligations of accountants, auditors and lawyers and the interaction of these professionals with company officers. The unit aims to assist students to understand and apply ethics to their professional life and to governance in business.
CLAW2208 Business Regulation, Risk and Compliance

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week, which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Engagement & Participation (15%), In class tests (40%), Group presentation and research paper (45%)
Over recent years there has been a dramatic rise in the volume and reach of regulation in response to a variety of social, environmental and economic issues. Much of this regulation impacts on business, and its management who are, increasingly, personally liable. This unit has been designed to provide students with a comprehensive overview of the overall regulatory infrastructure which impacts on all faculty disciplines. Business Regulation, Risk and Compliance addresses self regulation as an alternative to regulation by law; the regulatory process and the scope for business to influence regulatory initiatives; the alternative regulatory instruments; the executive arm of government - the bureaucracy - and the avenues for challenging administrative decisions; the investigative and enforcement powers of the major regulatory agencies - ACCC, ATO and ASIC; personal and corporate liability for regulatory breach; indemnification; whistleblowing and whistleblower protection: regulatory compliance with special reference to Australian Standard AS3806-2006 on Compliance Standards and the strategies which facilitate legal action including class actions and litigation funding as well as the major alternatives to litigation including arbitration and alternative dispute resolution with particular emphasis on mediation.
CLAW2209 Intellectual Property for Business

Credit points: 6 Session: Semester 1 Classes: Three hours of classes per week, which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Engagement & Participation (10%), Class Test (20%), Group case study (30%), Final 2hr exam (40%)
Innovation is a key driver of business. This unit addresses the intellectual property regime - the statutory and common law mechanisms that recognise and protect creative effort and proprietary knowledge and reward innovation. The intellectual property rights available under the law are discussed but the focus is on the commercial implications of the IP regime. This unit covers not only the protection and enforcement of Intellectual Property Rights [IPRs] but also their commercialisation and the management. The unit outlines the key IPRs granted by the statutory IP regimes - trademarks, copyright, designs and patents - as well as the common law protection of confidential information and trade secrets. The protection of trade designations, branding and character merchandising through the statutory misleading or deceptive conduct action is also covered as is the protection of business goodwill through restraint of trade covenants. The ownership of IP, its protection internationally and its commercialisation through licensing and technology transfers are also discussed.
CLAW2211 Commercial Practice in China

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week, which may include one or more of the following: lectures; seminars; tutorials or workshops. Assessment: Take home Mid-term exam (25%), Proposal and presentation (20%), Research paper (45%), Class participation (10%)
China is currently the second biggest economy in the world and is Australia's most important trading partner. Australian businesses are increasingly engaging with China. This Unit of Study addresses the frequently asked questions of what underpins commercial practice in China and how to do business with China. It explores China's unique business environment, which has resulted from its culture, history and demography, and examines the business regulations, tax system, and the administrative and compliance issues businesses will face when carrying on business with China. The Unit first outlines the Chinese business environment in terms of culture, history, economics, demography, and government administration. It then provides students with an understanding of the legal environment that businesses will face in China. Through a hypothetical case study, different aspects of commercial practice in China such as contract, entity structure, mergers and acquisition, property and intellectual property rights, the tax system, different tax types and associated international issues, and social insurance are analysed.
CLAW2212 Franchising

Credit points: 6 Session: Semester 1 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Engagement & Participation (15%), In class test (30%), Individual presentation and research paper (55%)
Franchising is an increasingly popular business model in Australia and internationally which offers an effective strategy for expanding an existing business or entering an industry. It is rapidly becoming the dominating force in the distribution of goods and services.
This unit examines the nature, development and operation of franchising and its growing influence in Australia and overseas. It addresses key legal and commercial issues in establishing, structuring and managing franchise systems as well as legal and commercial issues arising in the course of the continuing business relationship. Particular emphasis is placed on franchising development in the ASEAN countries.
CLAW3201 Australian Taxation System

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Tutorial assessment (10%); Tutorial participation (10%); Mid semester test (15%); Case Analysis (15%); Final exam (50%)
This unit is an introduction to Australia's taxation law. It commences with an overview of the Australian tax system, discusses contemporary tax issues and then deals with specific topics, including: the basis of liability to Australian income tax, concepts of residence and source of income, concepts of ordinary and statutory income (including capital gains tax), tax accounting, taxation of fringe benefits, and allowable deductions. It concludes with a study of the general anti-avoidance sections. The taxation of companies, partnerships and trusts, and international taxation are studied in depth in CLAW3202 which, together with this unit, is a solid basis to prepare students for an important aspect of professional accounting practice.
CLAW3202 Tax Strategies for Business

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week, which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Tutorial assessments (30%), group essay and presentation (30%), and final examination (40%)
This unit builds on CLAW3201 and deals with taxation issues in a business environment, including taxation of companies and corporate groups, taxation of partnerships and trusts, taxation of shareholders including dividend imputation tax, capital gains tax application to shares and other interests in companies, capital allowance and treatment of intellectual property. This unit also covers taxation issues of international business and investment, including taxation of cross-border transactions of both residents and non-residents, taxation of multinational corporations, tax treaties, transfer pricing and international tax avoidance. The unit emphasises the practical applications of the tax law on businesses and investment. Together with CLAW3201, this unit is a solid basis to prepare students for an important aspect of professional accounting practice.
CLAW3204 Capital Raising and Management

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Assignment (30%), Presentation (20%), Seminar work and participation (10%), Final Exam (40%)
The raising of equity and debt capital from the public is central to the operation of Australia's economic development. This unit is focussed on the legal nature of common forms of capital raising, both equity and debt, and their legal and non-legal (through ASX listing rules) regulation as well as the redemption of capital. It deals with capital raising, management and redemption from a commercial risk perspective as well as from a legal and regulatory perspective and considers Australian and international reform initiatives which have been given new emphasis as a result of the Global Financial Crisis. Topics covered include forms of equity capital raising (including IPOs, rights issues and placements) and their regulation; forms of debt capital raising (including securitisation, syndicated lending, structured and project finance, debentures, company charges, corporate bonds and security techniques) and their regulation; and strategies for redemption of debt and equity capital.
CLAW3206 Regulation of Mergers and Acquisitions

Credit points: 6 Session: Semester 2 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Assignment (30%), Group case study (20%), Final (take-home) exam (40%), and Participation (10%)
Mergers, acquisitions and takeovers are increasingly important strategies for Australian companies which raise significant legal issues. This unit aims to give students a sound understanding of the legal issues involved in mergers and acquisitions from both corporate and competition law perspectives and their impact on commercial strategies. Competition issues under the Competition and Consumer Act 2010 as well as corporate governance issues under the Corporations Act are explored. Bid planning (including tactics involved in initiating a takeover bid and defensive strategies and tactics), directors duties, prohibited market conduct and the role of ASIC and the Takeovers Panel are also covered. This unit also considers mergers using schemes of arrangement.
CLAW3207 Employment Regulation for Business

Credit points: 6 Session: Semester 1 Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops Assessment: Participation & engagement (10%), Presentation (10%), Research Paper (30%), Final Exam (50%)
The regulation of employment affects every business enterprise. Compliance with the laws impacting on employment is a vital component of business management. The aim of this unit is to introduce students to the legal and regulatory frameworks that underlie all employment practices (employee management, treatment and performance, as well as hiring and dismissals). The unit is designed to develop students' awareness of regulatory compliance issues that arise from employment practices and is taught in the context of the challenges faced by modern businesses in managing employees. The unit focuses on key areas of substantive employment regulation including Anti-Discrimination Law, termination of employment, freedom of association, and employment privacy. Discussion topics include: indirect discrimination, workplace harassment (including sexual harassment), bullying, and unfair dismissal; as well as various sports and entertainment case-studies. International employment law standards, public sector employment, and employment ethics, are also addressed.

ECMT - Econometrics

The School of Economics in the Faculty of Arts and Social Sciences administers these units.
ECMT1010 Business and Economic Statistics A

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2-hr lectures/week, 1x2-hr workshop/week Assessment: homework (15%), quizzes (30%), assignment (15%) and 1x2hr final exam (40%)
This unit provides an introduction to basic statistics and its applications in economics and business disciplines. Topics include: methods for data management; analysis and interpretation of data; probability; the normal distribution; an introduction to sampling theory and hypothesis testing; and the concepts of regression analysis. A key component is the provision of instruction and experience in the use of computers and statistical software as an aid in the analysis of data. Students are expected to use data resources on the World Wide Web, retrieve data and analyse this data using Excel.
ECMT1020 Business and Economic Statistics B

Credit points: 6 Session: Semester 1,Semester 2 Classes: 2x1-hr lectures/week, 1x2-hr workshop/week Assessment: 3x quizzes (25%), workshop questions/homework (10%), assignment (15%) and 1x2hr final exam (50%)
Note: Other than in exceptional circumstances, it is strongly recommended that students do not undertake Business and Economic Statistics B before attempting Business and Economic Statistics A.
This unit broadens the knowledge gained in the unit ECMT1010 Business and Economic Statistics A by introducing further tools (and their applications) for use in economics, finance, marketing and accounting. This unit features practical applications. Possible topics include: further aspects of hypothesis testing including goodness-of-fit models; regression analysis including a brief introduction to logit models, time series and its applications to economics and finance; input-output analysis; index numbers and mathematics of finance. The material is further complemented by mathematical topics including matrices and partial differentiation. In addition, students are expected to use data resources on the World Wide Web, retrieve data and analyse this data using Excel.
ECMT2110 Regression Modelling

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week Assessment: group project (20%), 3x assignments (15%), mid-semester test (25%) and 1x2.5hr final exam (40%)
Students undertaking this unit have some background in basic statistics including an introduction to regression analysis. Using this knowledge as a base, an extensive discussion of basic regression theory and some of its extensions is provided. The unit covers how linear regression models can be applied to data to estimate relationships, to forecast, and to test hypotheses that arise in economics and business. Guidelines for using econometric techniques effectively are discussed and students are introduced to the process of model building. It is essential that the discussion of regression modelling be complemented with practice in analysing data. An important task is the computing component using econometric software.
ECMT2130 Financial Econometrics

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: 2x assignments (2x20%) and 1x2hr final exam (60%)
Over the last decade econometric modelling of financial data has become an important part of the operations of merchant banks and major trading houses and a vibrant area of employment for econometricians. This unit provides an introduction to some of the widely used econometric models for financial data and the procedures used to estimate them. Special emphasis is placed upon empirical work and applied analysis of real market data. Topics covered may include the statistical characteristics of financial data, the specification, estimation and testing of asset pricing models, the analysis of high frequency financial data, and the modelling of volatility in financial returns.
ECMT3110 Econometric Models and Methods

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week Assessment: assignments (20%), mid-semester test (20%), 2hr final exam (60%)
This unit extends methods of estimation and testing developed in association with regression analysis to cover econometric models involving special aspects of behaviour and of data. In particular, motivating examples are drawn from dynamic models, panel data and simultaneous equation models. In order to provide the statistical tools to be able to compare alternative methods of estimation and testing, both small sample and asymptotic properties are developed and discussed.
ECMT3120 Applied Econometrics

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: group project (25%), mid-semester test (25%), 2hr final exam (50%)
Econometric theory provides techniques to quantify the strength and form of relationships between variables. Applied Econometrics is concerned with the appropriate use of these techniques in practical applications in economics and business. General principles for undertaking applied work are discussed and necessary research skills developed. In particular, the links between econometric models and the underlying substantive knowledge or theory for the application are stressed. Topics will include error correction models, unit roots and cointegration and models for cross section data, including limited dependent variables. Research papers involving empirical research are studied and the unit features all students participating in a group project involving econometric modelling.
ECMT3130 Forecasting for Economics and Business

Credit points: 6 Session: Semester 2 Classes: 2x1-hr lectures/week, 1x1-hr lab/week Assessment: assignment (20%), group assignment (25%), mid-semester test (20%) and 2.5hr final exam (35%)
The need to forecast or predict future values of economic time series arises frequently in many branches of applied economic and commercial work. It is, moreover, a topic which lends itself naturally to econometric and statistical treatment. The specific feature which distinguishes time series from other data is that the order in which the sample is recorded is of relevance. As a result of this, a substantial body of statistical methodology has developed. This unit provides an introduction to methods of time series analysis and forecasting. The material covered is primarily time domain methods designed for a single series and includes the building of linear time series models, the theory and practice of univariate forecasting and the use of regression methods for forecasting. Throughout the unit a balance between theory and practical application is maintained.
ECMT3150 The Econometrics of Financial Markets

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lectures/week, 1x1-hr lab/week Assessment: assignment (20%), group assignment (30%), mid-semester test (15%) and 2.5hr final exam (35%)
This unit studies and develops the econometric models and methods employed for the analysis of data arising in financial markets. It extends and complements the material covered in ECMT2130. The unit will cover econometric models that have proven useful for the analysis of both synchronous and non-synchronous financial time series data over the last two decades. Modern Statistical methodology will be introduced for the estimation of such models. The econometric models and associated methods of estimation will be applied to the analysis of a number of financial datasets. Students will be encouraged to undertake hands-on analysis using an appropriate computing package. Topics covered include: Discrete time financial time series models for asset returns; modelling and forecasting conditional volatility; Value at Risk and modern market risk measurement and management; modelling of high frequency and/or non-synchronous financial data and the econometrics of market microstructure issues. The focus of the unit will be in the econometric models and methods that have been developed recently in the area of financial econometrics and their application to modelling and forecasting market risk measures.
ECMT4101 Econometrics Honours A

Credit points: 12 Session: Semester 1,Semester 2 Classes: 6-hrs/week Assessment: 1x thesis (33.3%) and 4x coursework options comprised of assignments, presentations and final exams (66.7%)
Note: Department permission required for enrolment
Note: Requirements for the pass degree must be completed before entry to level 4000 honours units of study
The Honours program in Econometrics consists of: (1) a thesis not exceeding 65 A4 pages of typescript written under the supervision of one, or more, members of academic staff, and (2) four semester-length coursework options that each meet once a week for three hours. Students take two coursework options in their first semester, and two in their second semester. Assessment details vary per coursework option, however all contain a final examination worth up to 50% with the remaining balance comprised of written work and oral presentations, and (3) a (non assessed) weekly meeting with the thesis supervisor in both semesters.
ECMT4102 Econometrics Honours B

Credit points: 12 Session: Semester 1,Semester 2 Classes: 6-hrs/week Assessment: See ECMT4101
See ECMT4101
ECMT4103 Econometrics Honours C

Credit points: 12 Session: Semester 1,Semester 2 Classes: 6-hrs/week Assessment: See ECMT4101
See ECMT4101
ECMT4104 Econometrics Honours D

Credit points: 12 Session: Semester 1,Semester 2 Classes: 6-hrs/week Assessment: See ECMT4101
See ECMT4101

ECON/ECOS - Economics

The School of Economics in the Faculty of Arts and Social Sciences administers these units.
ECON1001 Introductory Microeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: online quizzes (10%), 1x mid-semester test (30%), 1x essay (10%) and 1x2hr final exam (50%)
Introductory Microeconomics addresses the economic decisions of individual firms and households and how these interact in markets. It is a compulsory core unit for the Bachelor of Economics and an alternative core unit for the Bachelor of Economic and Social Science. Economic issues are pervasive in contemporary Australian society. Introductory Microeconomics introduces students to the language and analytical framework adopted in Economics for the examination of social phenomena and public policy issues. Whatever one's career intentions, coming to grips with economic ideas is essential for understanding society, business and government. Students are given a comprehensive introduction to these ideas and are prepared for the advanced study of microeconomics in subsequent years. It is assumed that students undertaking this unit will have a prior knowledge of mathematics.
ECON1002 Introductory Macroeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: tutorial participation (5%), 5x online quizzes (10%), mid-semester test (25%), essay (10%) and 2hr final exam (50%)
Introductory Macroeconomics addresses the analysis of the level of employment and economic activity in the economy as a whole. It is a compulsory core unit for the Bachelor of Economics and an alternative core unit for the Bachelor of Economic and Social Sciences. Introductory Macroeconomics examines the main factors that determine the overall levels of production and employment in the economy, including the influence of government policy and international trade. This analysis enables an exploration of money, interest rates and financial markets, and a deeper examination of inflation, unemployment and economic policy. It is assumed that students undertaking this unit will have a prior knowledge of mathematics.
ECON1003 Quantitative Methods in Economics

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: in-class tests (25%), mid-semester test (25%) and 2hr final exam (50%)
This unit of study provides an introduction to the quantitative methods used in economics and business. Emphasis is placed on developing the skills to set up models to study real-world phenomena, using appropriate techniques to manipulate and analyse these models and their economic interpretation. In this unit particular emphasis will be placed on the intuition of the models studied, making extensive use of a range of economic examples and business applications. It is important to note that while mathematical techniques are used in this unit, this unit is not intended as a substitute for mathematics units offered by the School of Mathematics and Statistics. Students wishing to pursue further study in mathematics, such as a major in mathematics, should consult the Faculty of Science Handbook for offerings by the School of Mathematics and Statistics. Note this unit is not available to students from the Faculty of Science.
ECON4101 Economics Honours A

Credit points: 12 Session: Semester 1,Semester 2 Classes: 6-hrs/week Assessment: 1x15000wd (max.) thesis (30%) and 5x4500wd of written work, or its equivalent (70%)
Note: Department permission required for enrolment
Note: Requirements for the Pass degree must be completed before entry to 4000 level honours units of study.
The Honours program in Economics consists of: 1. a thesis written under the supervision of one, or more, members of academic staff 2. five semester-length coursework options that each meet once a week for two hours. Students would usually take three coursework options in their first semester, and two in their second semester. Each coursework option requires 4000wd of written work or its equivalent, including mid-semester test, final exam and other assessments 3. a (non assessed) thesis seminar, which meets every two weeks in both semesters.
ECON4102 Economics Honours B

Credit points: 12 Session: Semester 1,Semester 2
Refer to ECON4101
ECON4102 Economics Honours B

Credit points: 12 Session: Semester 1,Semester 2
Refer to ECON4101
ECON4104 Economics Honours D

Credit points: 12 Session: Semester 1,Semester 2
Refer to ECON4101
ECOS2001 Intermediate Microeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: tutorials (10%), 2x in-class tests (40%) and 2hr final exam (50%)
Note: Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
The aim of Intermediate Microeconomics is the development of theoretical and applied skills in economics. It covers applications and extensions of the theory of consumer choice, firm behaviour and market structure. Emphasis is given to the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; markets for factors of production; general equilibrium and economic efficiency; market failure and the role of government. This unit provides a basis for the more specialised options that comprise third year economics.
ECOS2002 Intermediate Macroeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: mid-semester test (30%), assignments (20%) and 2hr final exam (50%)
Note: Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
This unit of study develops models of the goods, money and labour markets, and examines issues in macroeconomic policy. Macroeconomic relationships, covering consumption, investment, money and employment, are explored in detail. Macro-dynamic relationships, especially those linking inflation and unemployment, are also considered. Exchange rates and open economy macroeconomics are also addressed. In the last part of the unit, topics include the determinants and theories of economic growth, productivity and technology, the dynamics of the business cycle, counter-cyclical policy and the relationship between micro and macro policy in the context of recent Australian experience.
ECOS2201 Economics of Competition and Strategy

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week and 1x1-hr tutorial/week Assessment: 2x mid-semester tests (40%) and 2hr final exam (60%)
This unit introduces new and comprehensive methods for the analysis and formation of business strategy. The unit analyses strategies for developing competitive advantages, including product differentiation, cost advantages and product life cycles; implementing incentives, control, firm boundaries, and internal firm decision-making mechanisms; implementing pricing, auction and signalling practices; assessing industry attractiveness and the regulatory/trade practices environment; and managing industry cooperation and conflict. Students are taught a set of tools that they can bring to bear on new problems. Understanding competitive dynamics and strategic thinking are emphasised. Case studies and problem-solving form an important part of the teaching method.
ECOS2901 Intermediate Microeconomics Honours

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: 2x mid-semester tests (50%) and 2.5hr final exam (50%)
Note: Department permission required for enrolment
This unit is comprised of lectures based upon the curriculum for ECOS2001 Intermediate Microeconomics, supported by a seminar for one hour a week. The content of lectures reflect a more analytical and critical treatment of the topics than ECOS2001. The topics, which build on the theory of consumer and firm behaviour and market structure, include game theory, oligopoly, general equilibrium and welfare, externalities and public goods and the economics of information.
ECOS2902 Intermediate Macroeconomics Honours

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: essay (20%), mid-semester test (30%) and 2hr final exam (50%)
Note: Department permission required for enrolment
This unit is comprised of lectures based upon the curriculum for ECOS2002 Intermediate Macroeconomics, supported by a seminar for one hour a week. The content of lectures reflects a more intensive treatment of the topics than ECOS2002. Topics covered include: models of the goods, money and labour markets; macro-economic relationships such as consumption, investment, demand for money and labour demand and supply; macro-dynamic relationships, especially those linking inflation and unemployment; exchange rates and open economy macroeconomics; theories of economic growth; productivity and technological change; the dynamics of the business cycle; and the relationship between micro- and macro-economic policy.
ECOS2903 Mathematical Economics A

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: problem sets/quizzes (30%), mid-semester test (20%) and 2hr final exam (50%)
Note: Department permission required for enrolment
Note: Students intending to proceed to the third year economics honours program must take this unit or MATH2070
This unit provides an introduction to mathematical techniques commonly employed by economists. Students who wish to proceed to final year Economics Honours must complete either ECOS2903 or MATH2070. Topics include: limits, continuity, differentiation of single- and multi-variable functions, unconstrained and constrained optimisation.
ECOS3002 Development Economics

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: 2x in-class tests (30%) and 2.5hr final exam (70%)
This unit examines the role of the state, rationale for planning and market mechanisms in developing economies, and also the sociocultural preconditions and economic requirements for a market economy. It focuses on a wide range of developmental problems and issues from both microeconomic and macroeconomic points of view. It closely studies the integration process of the traditional segment of a developing society into its modern counterpart in countries selected from Asia, Africa, Latin America, the Caribbean, and the Pacific regions.
ECOS3003 Hierarchies, Incentives & Firm Structure

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: group assignment (25%), mid-semester test (20%) and 2hr final exam (55%)
This unit deals with the coordination and motivation problems faced by firms. More specifically this unit examines: whether firms use price or command mechanisms to allocate resources within firms; the problems associated with designing incentive contracts; the principles of efficient contract design and; the real world applications of those principles. The final section deals with the manner in which the coordination and motivation problems faced by firms determines their financial, vertical and horizontal structure.
ECOS3004 History of Economic Thought

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: essay (20%), mid-semester test (30%) and 70min final exam (50%)
Where do the current beliefs - theories, doctrines, postulates and attitudes - of modern economics come from? If current theories and doctrines have a definite historical beginning, what schools of thought did they supplant? Are there alternative or dissident views which subsisted alongside mainstream economics in the twentieth century - and if so, what are they and where did they originate from? This unit seeks to answer these questions, as well as others. It provides an overview of the development of economic ideas from the seventeenth to the twentieth century, combined with a more intensive focus on the thought of certain key figures in that history. The particular topics covered include: the formation of economics to 1776; Adam Smith; classical economics from Smith to J.S. Mill; the rise of marginalist economics; John Maynard Keynes; and orthodox and heterodox currents in twentieth century economics.
ECOS3005 Industrial Organisation

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: mid-semester test (35%), problem sets (5%) and 2hr final exam (60%)
This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
ECOS3006 International Trade

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: problem sets (5%), mid-semester test (35%) and 2hr final exam (60%)
This unit of study provides a systematic analysis of the theory of international trade and trade policy. Initially differences between countries are emphasised as the source of trade and the gains from trade. Models that are examined include the Classical-Ricardian model, the Heckscher-Ohlin model and the Specific-Factors model. Next economics of scale and imperfect competition are introduced as sources of trade and gains from trade. The unit concludes with an examination of empirical studies aimed at testing trade theories. The analysis of trade policy begins with a discussion of the instruments of trade policy, in particular, tariffs and quotas and their effect on welfare. This discussion is then extended to the case of imperfect competition and strategic trade policy.
ECOS3007 International Macroeconomics

Credit points: 6 Session: Semester 1,Summer Main Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: assignments (20%) and mid-semester test (20%) and 1x2hr final exam (60%)
This unit studies macroeconomic theory and policy in a global trading world. The microfoundations of the various sectors are examined in the context of an open economy. The evolution of international money and capital markets is described, the operation of the foreign exchange market is examined, showing how its microstructure affects its macro performance. Theories and tests of the efficiency of international capital markets are surveyed, as well as core theories and tests of exchange rate and asset price determination. The unit develops the macroeconomic implications of monetary and fiscal policies for small and large open economies for different regimes.
ECOS3008 Labour Economics

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: essay (25%), mid-semester test (25%) and 2hr final exam (50%)
This unit aims to provide an understanding of labour markets and related issues such as work conditions, pay and employment levels. Labour supply and demand, theories of wage determination, labour mobility and discrimination are examined. It also analyses the role of trade unions and labour market contracts. These topics are applied to current issues in Australian labour markets such as enterprise bargaining, the role of centralised wage fixing systems, training and other labour market programs. Policies designed to improve the functioning of the labour market are examined and particular attention is given to the problem of persistent unemployment.
ECOS3010 Monetary Economics

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: multiple choice test (30%) and written paper (20%) and 70min final exam (50%)
This unit provides an overview of the main elements of monetary economics, with emphasis upon macroeconomic issues - analysis of economic processes in which money enters the picture in an essential manner. The content primarily concerns economic principles and theory, but there is also considerable focus on the Australian monetary system and monetary policy in particular. The particular topics covered include: functions of money; the concept of 'liquidity'; money demand; determinants of money supply changes; financial crises and the 'lender of last resort' function of central banking; the Reserve Bank of Australia and the Australian Prudential Regulation Authority; term and risk structures of interest rates; alternative theories of the level of the rate of interest; the monetary policy transmission mechanism; monetary policy instrument choice; central bank credibility; policy reaction functions; the global monetary system; and Reserve Bank market operations.
ECOS3011 Public Finance

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: mid-semester test (20%), assignment (30%) and 3hr final exam (50%)
Public Finance is about the taxing and spending decisions of governments. The unit covers a wide range of public finance topics. After an introduction to welfare economics and the role of government in the economy, the unit focuses on the revenue side of the budget: tax incidence, efficient and equitable taxation, the Australian system of revenue raising, issues of tax reform and the theory and practice of public utility pricing. It then focuses on the expenditure side of the government budget: public goods, externalities, and programs aimed at redistribution. It also introduces techniques of policy evaluation.
ECOS3012 Strategic Behaviour

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: mid-semester test (35%), online quizzes (20%) and 2hr final exam (45%)
To think and act strategically, one needs to evaluate the effect of one's actions on the actions of others. As most economic decisions are strategic, such as the decision to lower a price or introduce a new tax, economics, if it is to avoid simplistic models, requires a theoretical framework capable of illuminating strategic behaviour. This unit offers a comprehensive, critical introduction to the theory which purports, not only to satisfy this theoretical need, but also potentially to unify the social sciences: game theory. After examining important concepts of game theory, the unit investigates the repercussions for the theory of bargaining and for the evolution of social institutions.
ECOS3015 Law and Economics

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial fortnight Assessment: assignments (20%), mid-semester test (30%) and 2hr final exam (50%)
Law and economics examines the economic role of law and legal institutions on the actions of economic agents. The economic analysis of law is founded on models of human behaviour and examines how decision making is affected by different legal regimes. The behavioral approach gives rise to a set of principles that can be applied widely across disparate areas of the law, and is becoming increasingly important world-wide, as such analysis is often utilized in courts and public policy forums. The unit begins with a revision of relevant tools of economic analysis. Subsequently, it studies the economics of various branches of law such as: property; contract; nuisance; accident and liability law; and, criminal law
ECOS3016 Experimental and Behavioural Economics

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1-hr tutorial/fortnight Assessment: 2x take home assignments (50%) and 2hr final exam (50%)
Experimental economics uses experimental methods to evaluate the performance of economic models, institutions and policies. Behavioural economics combines experimental and field evidence with insights from neighbouring disciplines such as psychology, to develop richer economic models of decision-making. This unit will develop the key research methods and major findings of each of these fields, and explore both theoretical and practical implications. Students will read a number of seminal research papers in both experimental and behavioural economics, and will have opportunities to participate in classroom experiments, to analyse experimental data, and to design and program their own research projects.
ECOS3017 Health Economics

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: 2x in-class tests (30%) and 2hr final exam (70%)
The purpose of this unit is to introduce the student to the methods of health economics and demonstrate how these methods can be applied to analyse issues in health policy and management. This unit will teach the student to use economic analysis to understand critical issues in health care and health policy. Topics covered include the institutions of the Australian system of health care and health statistics, evaluation techniques, production of health, demand for health care and technology, moral hazard and adverse selection in health insurance markets, health labour markets, including physician-patient interactions, managed care, regulation and payment systems for providers, comparative health systems, the pharmaceutical industry, health policy and social insurance.
ECOS3018 Economics of Growth

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: 2x in-class tests (40%) and 1.5hr final exam (60%)
At the heart of an understanding of the dynamics of market or capitalist economies is an understanding of economic growth. This unit is an introduction to the analysis of economic growth including a comparison of competing explanations within formal growth theory. It considers the connection between growth and distribution, growth and technical progress, the role of economic policies and economic institutions in promoting growth as well as the limitations on growth associated with exhaustible natural resources. Lectures also provide some consideration of the empirical evidence on different explanations of growth.
ECOS3019 Capital and Dynamics

Credit points: 6 Session: Semester 1 Classes: 1x2 hr lecture/week, 1x1-hr tutorial/fortnight Assessment: 2x in-class tests (40%) and 2hr final exam (60%)
Fundamental to the theory of value, income distribution and output is a coherent treatment of the concept of capital. The definition and measurement of 'capital' is essential to the explanation of relative prices, and hence integral to any explanation of distributive shares in national income. It is also indispensable to a proper understanding of debates over the theory of output. The aim of the unit is to provide a comprehensive account of the different approaches to capital theory (e.g. in traditional aggregative neoclassical theory, general equilibrium theory and classical/Sraffian inspired models) and to highlight their significance for different views about value, distribution and output. This account necessarily involves some focus on the intersection of capital theory and the theory of dynamics as it applies to multi-sectoral/multi-commodity models, including growth theory, the dynamics of inter-industry competition, the analysis of technological progress and the intertemporal dynamics of production in the context of exhaustible natural resources.
ECOS3020 Special Topic in Economics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: assessment dependent on topic
Note: Department permission required for enrolment
Note: Students must seek written permission from the School of Economics Undergraduate Coordinator to enrol in this unit.
Study of a special topic in Economics. Topics will vary from semester to semester according to staff availablity and the presence of visitors. If taught in both semesters, the topic in Semester 2 will be different to that of Semester 1.
ECOS3021 Business Cycles and Asset Markets

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: class participation (5%), mid-semester test (20%), project report (25%) and 2hr final exam (50%)
The unit of study provides theoretical and empirical training in analysing macroeconomic fluctuations and the interactions between the real economy and asset markets. The unit of study will introduce theoretical models of the business cycle to identify sources of economic fluctuations. It then provides a theoretical framework in which the asset market-the real economy can be analysed. In addition to theoretical analysis, the unit will develop empirical tools for analysing economic and financial indicators as well as evaluating the performance of theoretical models. The role of government policy will also be discussed by taking both Australian and global episodes.
ECOS3022 The Economics of Financial Markets

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: problem sets (20%), mid-semester test (25%) and 2hr final exam (55%)
Financial assets play a vital role coordinating the actions of savers and investors; consequently, they play a crucial role in creating wealth and facilitating economic activity. The aim of this unit is to explore the economic principles underlying: the pricing and development of financial assets; the trade-off between risk and return and the how investors construct portfolios in response to this trade-off. The focus is on the economics of financial markets: the factors of demand and supply; risk and uncertainty; incomplete contracts and renegotiation; and asymmetric information and its implications. We will emphasize the key aspects of markets for financial assets and the main differences to markets for consumption goods. The unit also examines the development of financial institutions and current issues in financial markets.
ECOS3023 Personnel Economics

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: mid-semester test (25%), assignment (25%) and 2hr final exam (50%)
Personnel economics deals with the analysis of human resource issues within organisations. Throughout the unit of study, students will be introduced to economic concepts and analytical tools that provide a rigorous framework with which to analyse these relationships. Topics covered include recruitment and hiring decisions; turnover of staff; remuneration and motivation schemes designed to enhance productivity; and, the analysis of team production within the modern business organisation. Empirical studies that test theoretical predictions will also be considered throughout the unit.
ECOS3901 Advanced Microeconomics Honours

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: mid-semester test (30%), problem sets (10%) and 2.5hr final exam (60%)
Note: Department permission required for enrolment
Note: Students intending to proceed to fourth year economics honours must also complete at least one unit of study from (ECOS3001 or ECON3001) to (ECOS3023) inclusive, in either semester of their third year
ECOS3901 Advanced Microeconomics is the second unit of study in the microeconomics sequence in the Economics Honours program. The goal of the unit is to provide a working knowledge and understanding of the most powerful methods of analysis and discourse in modern microeconomic theory. We build on the foundations of ECOS2901 and ECOS2903 to continue progress toward the frontier of microeconomics.
ECOS3902 Advanced Macroeconomics Honours

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: mid-semester test (30%), take home assignments (10%) and 2hr final exam (60%)
Note: Department permission required for enrolment
Note: Students intending to proceed to fourth year economics honours must also complete at least one unit of study from (ECOS3001 or ECON3001) to (ECOS3023) inclusive, in either semester of their third year
ECOS3902 Advanced Macroeconomics is a third year honours unit of study in macroeconomics. Its main objective is to develop a framework for thinking about macroeconomic questions. This unit is designed for the students enrolled in the Economics Honours stream. ECOS2901, ECOS2902, ECOS2903 and ECOS3901 are prerequisites and the corequisite is ECOS3903,or ECMT3110 plus one of ECMT2120, ECMT3120, ECMT3130, ECMT3160 or ECMT3170.
ECOS3903 Applied Microeconomics Honours

Credit points: 6 Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: assignments (10%), referee report (15%), mid-semester test (25%) and 2hr final examination (50%)
Note: Department permission required for enrolment
Note: Students intending to proceed to fourth year economics honours must take this unit or (ECMT3110 plus one of ECMT2120, ECMT3120, ECMT3130, ECMT3160 or ECMT3170).
This unit is designed to provide students with estimation techniques frequently used in applied microeconomics. It will mainly cover cross section and panel data methods. Various empirical topics in labour economics, international trade, etc., will be discussed.
ECOS3904 Applied Macroeconomics Honours

Credit points: 6 Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/fortnight Assessment: 1x1hr mid-semester test (20%), computer assignments (30%) and 1x2hr final exam (50%)
Note: Department permission required for enrolment
This unit provides an introduction to econometric methods that are useful for understanding applied macroeconomic and financial economic models and research. It also aims to provide students with the necessary analytical tools for undertaking applied research using time series data. It discusses how time series techniques can be applied to other areas of economics such as international trade, energy economics, economics of terrorism, etc. This unit of study can be both complementary to or a substitute for Applied Microeconomics Honours.

ECOP - Political Economy

These ECOP (Political Economy) units are offered by the Faculty of Arts and Social Sciences.
The Politcial Economy units listing below are only those listed as electives within the International Business major. For details of other Political Economy units not listed below, students should refer to the Faculty of Arts and Social Sciences handbook.
ECOP3012 Global Political Economy

Credit points: 6 Session: Semester 2 Classes: 2x1hr lectures/week, 1x1hr tutorial/week Assessment: 1x1000wd essay (20%), 1x2000wd essay (40%), 1x1.5hr exam (30%), tutorial participation (10%)
This unit of study presents a historical and institutional perspective on the development of the capitalist world economy since 1945. The analysis starts with a historical and theoretical introduction covering the determinants of profits and accumulation and the role of external markets in economic growth. It then addresses key issues in this development including: the formation of the international monetary system and its crisis following the end of the long boom; and the global role of the United States and the formation of growth poles in Europe and in Asia.
ECOP3014 Political Economy of Development

Credit points: 6 Teacher/Coordinator: Dr Elizabeth Hill Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/week or equivalent in intensive session Assessment: 2x1200wd essays (40%), 1x1.5hr exam (40%), tutorial presentation 500wd equivalent, (10%), tutorial participation (10%)
This unit of study investigates the theory and practice of economic development in low income countries. Students will be introduced to debates about the economic causes of poverty, alternative measures of poverty and development, and learn to evaluate public policy debates about how to achieve economic development. There is a particular focus on the rise of the Chinese and Indian economies and their impact on patterns and strategies of global economic development.

FINC - Finance

FINC2011 Corporate Finance I

Credit points: 6 Session: Semester 1,Semester 2,Summer Early,Summer Main,Winter Main Classes: 1 x 2hr lecture and 1 x 1hr tutorial per week Assessment: tutorial participation (10%), early semester quiz (20%), assignment (20%), final 2hr exam (50%)
Note: Study in Finance commences in second year. BUSS1020 (or ECMT1010) and BUSS1040 (or ECON1001 and ECON1002) are recommended for all students wanting to study Finance.
This unit provides an introduction to basic concepts in corporate finance and their application to (1) valuation of risky assets including stocks, bonds and entire corporations, (2) pricing of equity securities, and (3) corporate financial policy decisions including dividend, capital structure and risk management policies. An emphasis is placed on the application of ideas and current practices in each of these areas.
FINC2012 Corporate Finance II

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: mid-semester exam (15%), essay (20%), final exam (65%)
This unit builds on FINC2011 Corporate Finance I, by extending basic concepts in corporate financing, investing and risk management. The first half of the unit is devoted to current theories of corporate financing and their practical application in corporate investment and capital budgeting. The second half of the unit examines securities and securities markets with an emphasis on pricing, investment characteristics and, importantly, their use by corporations to manage risk. The securities examined include: bonds and related fixed income products; futures; options; and securities denominated in foreign currencies. The goal of the unit is to broaden students' knowledge of corporate finance in preparation for further study in finance in third year.
FINC3011 International Financial Management

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Mid-Semester Exam (25%), Tutorial Participation (10%), Project (20%), Final Exam (45%)
Markets are increasingly globalised. There are very few businesses or industries that are not required to deal with issues such as foreign currency, foreign competition and direct investment. This unit is designed to allow students to extend their understanding of basic principles in finance to an international environment. Globalisation of markets introduces risks but also opens up profitable opportunities. Topics covered include: foreign currency valuation and markets; international parity conditions; measuring and managing foreign exposure; international portfolio management; capital budgeting and foreign direct investment; international tax management and international financing strategy.
FINC3012 Derivative Securities

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: 1x 1.5hr mid-semester exam (20%), 1x group assignment (20%), 1x final 3hr exam (60%)
Options, futures and swaps are derivatives of underlying securities such as commodities, equities and bonds. These types of securities are increasingly used to manage risk exposure and as a relatively low-cost-way of taking a position in a security or portfolio. They are also being used as part of senior management compensation as a way of attempting to align the interests of shareholders with that of management. This unit is designed to provide an introduction to this important area of finance without requiring a high level of mathematical sophistication. However, a strong quantitative base is an advantage.
FINC3013 Mergers and Acquisitions

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week; Additional workshops as required. Assessment: Mid-Semester Exam (25%), Group Case Study Written (20%), Group Case Study Presentation (5%), Final Exam (50%)
This unit will provide: an understanding of the economic and strategic drivers of corporate restructuring activity and their use in the design and analysis of restructuring transactions. Understanding of the evaluation of outcomes from restructuring transactions, both the theory based explanations and the empirical tests of the theories. It will develop the ability to identify synergies in a restructuring transaction and use Discounted Cash Flow methods to assign a value to these benefits. A detailed understanding of the design and economic impacts of deal structures used to effect corporate restructuring transactions. A detailed awareness of the process of merger arbitrage and its contribution to outcome of restructuring transactions. An appreciation of the regulatory environment for restructuring transactions and the impact of these regulations on the process and outcomes of restructuring transactions.
FINC3014 Trading and Dealing in Security Markets

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Oral Presentation and Tutorial Participation (10%), Mid-Semester Exam (15%), TradeLab Assignment (10%), Major Assignment (20%), Final Exam (45%)
This unit is concerned with the processes which turn orders into trades in securities markets, and the forces which mould and affect both order flow and order execution. The unit is an introduction to some fundamental market design and structure ideas. At the end of the unit, students should be able to understand (1) how the international markets for foreign exchange, swaps, bonds and equities are organised, (2) how trading is conducted in these markets and how these transactions are cleared, (3) how the markets are regulated, if they are supervised and what risks different counterparties face in these markets. The unit aims to equip students to independently analyse international investment and financing alternatives and to estimate expected returns and costs taking into account liquidity risk, price volatility and credit risk.
FINC3015 Financial Valuation: Case Study Approach

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture per week; 1x1hr workshop session per week Assessment: Case studies (35%), Group project (25%), Exam (40%)
This unit applies all aspects of finance theory to the general problem of valuing companies and other financial assets. This requires a synthesis of the concepts of present value, cost of capital, security valuation, asset pricing models, optimal capital structures and some related accounting concepts. The subject aims to reach a level of practical application that allows students to understand both the theoretical frameworks and institutional conventions of real world corporate valuations.
FINC3017 Investments and Portfolio Management

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2h lecture and 1x 1hr tutorial per week Assessment: Mid-Semester Exam (15%); Assignment (35%); Final Examination (50%)
This unit is designed to provide a comprehensive analytical approach to the modern theory of investments. Topics covered include: the valuation of bonds and stocks; mean-variance analysis; Markowitz type portfolio analysis; duration and convexity analysis; term structure of interest rates; option pricing; portfolio insurance; performance evaluation; and forecasting. Basic statistics and probability concepts are reviewed at the beginning to ensure that all students have adequate understanding. Although analytical aspects of investments theory are stressed, there is also an equal amount of emphasis on the intuitive as well as practical aspects of the subject.
FINC3018 Bank Financial Management

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Mid-Semester Exam (25%); Assignment (25%); Final Examination (50%)
The central objective of this unit is to expose students to the basic principles of commercial bank management. The topics that are covered include: the theory and practice of banking from a financial management perspective; banks and the financial services industry; regulatory restrictions and financial management; performance analysis and strategic planning; asset management and liquidity; investment and loan management; liability and deposit management; capital structure and dividend decisions; and financial management implications of electronic banking, international banking, and other developments.
FINC3019 Fixed Income Securities

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2 hr lecture and 1x 1hr tutorial per week Assessment: Tutorial participation (10%); mid-semester exam (20%); group project (20%); final exam (50%)
This unit is designed to provide a thorough grounding of the concepts and issues in fixed income securities, bond portfolio analysis and closely related financial instruments in risk management. The unit begins with the basic analytical framework necessary to understand the pricing of bonds and their investment characteristics (introducing fundamental concepts such as duration, yield and term structure). This will serve as the building block of more complicated corporate and derivative securities. Sectors of the debt market, including treasury securities, corporate bonds, mortgage-backed securities, and convertible bonds are analysed. The use of derivatives and a selection of special topics in Fixed Incomes are also discussed.
FINC3020 Financial Risk Management

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: mid-semester exam (20%), group project (30%), final 3hr exam (50%)
Risk is an integral part of financial decisions. Following the rapid evolution of the discipline of financial risk management, analysts must be prepared to assess the level of risk in the marketplace. This course explores the basic concepts of modelling, measuring and managing financial risks within the regulatory framework. Topics covered include market risk (value-at-risk and expected loss), credit risk (single name, portfolio, ratings and market based models, credit derivatives), liquidity risk and operational risk. To overcome the rather quantitative nature of the topics, the course relies heavily on practical based lab exercises with emphasis on simulations, real life examples and case studies.
FINC3022 Alternative Investments

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Cases (individual homework assessment) (5%), Cases (in-class group assessment) (5%), Group Assignment: Investment Proposal (30%), Presentation of report, Deal Negotiation and Peer Review Report (10%), Mid-session 1.5 hr exam (20%), Final 2hr exam (30%)
This unit examines the motivations and strategies behind investing in alternative assets, which are non-traditional investments beyond stocks, bonds, and cash. The unit's main emphasis is on private equity and venture capital investments, which are the predominant types of alternative assets, but the syllabus also covers hedge funds and structured debt investments. The key topics include fund raising for alternative investments, the private equity investment cycle, structures of alternative-asset investment vehicles, issues behind selecting and financing private firms, valuation of high-growth, illiquid investments, and how to exit from such investments. The unit seeks to consolidate previously acquired knowledge in portfolio management, agency theory, project selection, and financing strategies with real-life cases and practical assessment tasks.
FINC3023 Behavioural Finance

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Mid-Semester Exam (30%); Group Assignment (20%); Final Exam (50%)
Behavioural Finance explores financial market 'anomalies' - factors that are not traditionally explained by efficient markets theory - such as why stock prices exhibit momentum and reversals, why large swings in stock prices occur over short time periods, and how individual investors differ from institutional investors.

GOVT - Government and International Relations

The Faculty of Arts and Social Sciences administers all GOVT units of study.
The units listed below below are only those listed as electives within the International Business major. For details of other Government and International Relations units not listed below, students should refer to the Faculty of Arts and Social Sciences handbook.
GOVT2221 Politics of International Economic Rels

Credit points: 6 Teacher/Coordinator: Dr John Mikler Session: Semester 2 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: 1x2500wd essay (40%), 1x2hr exam (30%), 1x1000wd tutorial presentation (20%) and participation (10%)
This unit provides an overview of four major theoretical approaches to international political economy and how these apply to understanding the practice of international economic relations. These theories are: economic nationalism, liberalism, neo-Marxism and poststructuralism. The unit analyses the theory and practice of economic relations by and between states, by focussing in particular on relations between the developed and developing world. It applies each of the four main theories to developing country regions. In this way students also become acquainted with the theory and practice of economic development.
GOVT2225 International Security in 21st Century

Credit points: 6 Teacher/Coordinator: Dr Gil Merom Session: Semester 1 Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week Assessment: 1x2500wd essay (40%), 1x2hr in-class exam (40%) and tutorial participation (20%)
This unit introduces the theoretical foundations, essential concepts and central issues in the field of international security. It provides students with analytical tools to understand and participate in current debates concerning security and threats. The first part of the unit provides an introduction to the theoretical interpretations of international security. The second part discusses security phenomena, problems and strategies, including the coercive use of force, deterrence, guerrilla and counterinsurgency, nuclear stability, proliferation of weapons of mass destruction, crisis management, arms races and disarmament, security cooperation and security regimes. The discussion in this part includes a critical review of the dilemmas, strategies, and solutions in each of the issue areas.

IBUS - International Business

IBUS2101 International Business Strategy

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1 x 2hr lecture and 1x 1hr workshop per week. Assessment: consulting project (30%), tutorial participation (20%), mid-term exam (15%), final exam (35%)
This unit of study aim to understand how multinational enterprises strategize and operate in global competition. Major topics include the International Business Environment (e.g. the differences in economic, political, legal, and cultural environments); International Business Strategy (e.g. International expansion strategy, entry mode choices, cross-border strategic alliances, and mergers & acquisitions); and International Business Management (e.g. design, structure and control of international operations; and foreign subsidiary management). The emphasis of the unit is on the application of contextual knowledge about international business and strategic management theories as tailored to the Asia Pacific, to analyse and make decisions faced by companies operating in the Asia Pacific region.
IBUS2102 Cross-Cultural Management

Credit points: 6 Session: Semester 1,Semester 2,Summer Early Classes: 1x 2hr lecture and 1 x 1hr workshop per week Assessment: Participation (10%); Individual Paper (30%); Presentation (20%); In-Class quizzes (10%); Final exam (30%)
Note: Department permission required for enrolmentin the following sessions:Semester 1
Critical to effective management in international and multi-cultural business environments is an understanding of cultural differences and how to manage such differences. The aim of this unit of study is to provide conceptual frameworks and evidence from practice that will develop an understanding of the ways in which cultures differ, how these differences can impact management, and how cultural issues can limit organisational effectiveness. Strategies for managing and harnessing cultural differences are also evaluated. The subject is explored from an internal perspective as well as from an external perspective, looking at issues within the company as well as issues between the multinational company and its host environment. Major topics include the significance of culture in international management; the meaning and dimensions of culture; comparative international management styles; managing communication across cultures; global business ethics; cross-cultural negotiations; cross-cultural leadership and motivation; culture and consumer behaviour; and cultural views of intellectual property around the world.
IBUS3101 International Business Alliances

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1 x 1hr workshop per week Assessment: Business Strategy Game (10%), Alliance proposal (10%), Presentation (10%), Alliance case (10%), Participation (15%), Midterm exam (20%), Final exam (25%)
The formation and implementation of successful global business strategies involves alliances with a range of stakeholders including international customers and suppliers, overseas agents, international franchisors and franchisees, international joint venture partners, and international merger relationships. The aim of this unit of study is to provide conceptual frameworks and evidence from practice that will develop an understanding of the motivations underlying international alliances, the alternative approaches to alliance formulation and development, and the problems involved in promoting effective alliance management. Major topics include the motivations for international business alliances, analysis of the advantages and disadvantages of different types of alliances, factors influencing the choice of alliance arrangements, alliance structure issues, partners selection and relationship management, the reasons why alliances succeed or fail, and the management of alliance processes.
IBUS3102 International Risk Management

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1 x 1hr workshop per week Assessment: Group workshops and case studies (40%); Individual learning modules (60%)
This unit is designed to introduce students to the nature of risk management, particularly the identification of risk, its analysis and consequences for international business actors. Emphasis is placed on surveying some of the environments that can potentially generate risk, how these risks can impact various aspects of market composition and market participation, the integrity of business actors and their profitability and viability. The business environments surveyed include the international financial system, government and regulation of business activity, compliance risk, corporate social responsibility and activism, as well as issues associated with country and political risk.
IBUS3103 Global Entrepreneurship and Enterprise

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1 x 1hr tutorial/lab class per week. Assessment: Individual assignments (35%); Group assignments (65%); Attendance (pass/fail)
Note: Students enrolled in the combined Law degrees are able to complete this unit in their third year of enrolment (full-time).
Developing entrepreneurial and innovative businesses is very different to managing large established businesses in a global context. In addition to exploring the special problems (and advantages) associated with entrepreneurial small and medium enterprises (SMEs), the unit will also be relevant for future managers of corporate ventures. Topics will include opportunity identification, harnessing and leveraging resources and capabilities, funding new ventures, and the global aspects of venturing and innovation. The unit will bring together the skills you have acquired across many disciplines, and will require your active participation as you work with businesses in their search for growth options and appropriate funding. You will also gain insight from the processes vital for successful entrepreneurial activity, including strategy formulation, design thinking, decision-making, and pitching.
IBUS3104 Ethical International Business Decisions

Credit points: 6 Session: Semester 2 Classes: 1x 3 hour seminar per week Assessment: Group Project (30%); Final exam (30%); Individual participation (10%); In class case-studies (15%); Reflective Journals (15%)
In order to succeed in international business, both corporations and individuals need broad decision-making abilities. Business decision-making tools yield more coherent and justifiable results when used with an understanding of the ethical, social and environmental aspects of the process. This applies to various situations in the international business setting including business relations with government, customers, employees, and NGOs. This unit is designed to look at these non-financial elements in the decisions made within the international business context. Following the completion of this unit, students will have enhanced skills and knowledge relevant to the understanding of ethical issues and ethical decisions making in international business organizations.
IBUS3107 Business Negotiations

Credit points: 6 Session: Semester 1 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Assessment: In-class exercises (25%); Exam (25%); Writing a ten page negotiator's handbook (25%); Written assignment (25%)
Note: This unit will require student's participation in a number of negotiations. Preparation for these negotiations, which are a large part of your grade, will require time-pressured reading of material in class.
The purpose of this course is to help you understand the theory of negotiation as it is practiced in a variety of strategic settings. The aim is to help you feel more comfortable and confident with the negotiation process. The course is designed to be relevant to the broad spectrum of negotiation problems that are faced by managers but we use specific examples from international strategy such as M&A and joint ventures. The course will provide participants with an opportunity to develop skills experientially and to understand negotiation in useful analytic frameworks. Considerable emphasis will be placed on role-playing exercises and case studies. Note: this unit will require your participation in a number of negotiations. Preparation for these negotiations, which are a large part of your grade, will require time-pressured reading of material in class.

INFS - Business Information Systems

LAWS - Law

All Law units are offered by the Sydney Law School. These units are available only to students enrolled in the Bachelor of Commerce and Bachelor of Laws.
LAWS1006 Foundations of Law

Credit points: 6 Teacher/Coordinator: Mr Micah Burch Session: Semester 1 Classes: 1x1-hr lecture and 1x2-hr tutorial/week Assessment: Class participation (20%) and case analysis (30%) and essay (50%)
This unit of study provides a foundation core for the study of law. The aim is to provide a practical overview of the Australian legal system, an introduction to the skills of legal reasoning and analysis which are necessary to complete your law degree, and an opportunity for critical engagement in debate about the role of law in our lives. The course will introduce students to issues such as: (i) the development of judge made and statute law, with a particular focus on English and Australian legal history; (ii) the relationship between courts and parliament; (iii) the role and function of courts, tribunals and other forms of dispute resolution; (iv) understanding and interrogating principles of judicial reasoning and statutory interpretation; (v) the relationship between law, government and politics; (vi) what are rights in Australian law, where do they come from and where are they going; (vii) the development and relevance of international law. The course focus may be subject to change.
LAWS1012 Torts

Credit points: 6 Teacher/Coordinator: Assoc Prof David Rolph Session: Semester 2 Classes: 1x2-hr lecture and 1x1-hr tutorial/week Assessment: Assignment (30%) and tutorial participation (10%) and 2hr exam (60%)
This is a general introductory unit of study concerned with liability for civil wrongs. The unit seeks to examine and evaluate, through a critical and analytical study of primary and secondary materials, the function and scope of modern tort law and the rationale and utility of its governing principles. Particular topics on which the unit will focus include:
(a) The relationship between torts and other branches of the common law including contract and criminal law;
(b) The role of fault as the principal basis of liability in the modern law;
(c) Historical development of trespass and the action on the case and the contemporary relevance of this development;
(d) Trespass to the person (battery, assault, and false imprisonment);
(e) Trespass to land and private nuisance;
(f) The action on the case for intentional injury;
(g) Defences to intentional torts;
(h) Development and scope of the modern tort of negligence, including detailed consideration of duty of care and breach of duty and causation and remoteness of damage with particular reference to personal and psychiatric injury;
(i) Compensation for personal injuries, including special and alternative compensation schemes;
(j) Injuries to relational interests, including compensation to relatives of victims of fatal accidents;
(k) Defences to negligence.
LAWS1013 Legal Research I

Session: Semester 1,Semester 2 Classes: 6x1-hr seminars Assessment: Satisfactory attendance, eLearning quizzes and in-class exam.
Note: Department permission required for enrolmentin the following sessions:Semester 1
Note: Semester 1 classes are for Combined Law candidates in the Faculty of Arts and Social Sciences. Semester 2 classes are for Combined Law candidates in the Business School and faculties of Architecture, Engineering and Science.
This is a compulsory unit taught on a pass/fail basis. The aim of the unit is to introduce you to finding and citing primary and secondary legal materials and introduce you to legal research techniques. These are skills which are essential for a law student and which you will be required to apply in other units.
LAWS1014 Civil and Criminal Procedure

Credit points: 6 Teacher/Coordinator: Ms Miiko Kumar Session: Semester 1 Classes: 1x2-hr lecture and 1x2-hr tutorial/week for 10 weeks Assessment: Tutorial participation (15%), court visit assignment max 750wd (10%) and 2 hr final exam (75%).
This unit of study aims to introduce students to civil and criminal procedure. It is concerned with the procedures relating to civil dispute resolution and criminal justice which are separate to the substantive hearing. The unit will consider the features of an adversarial system of justice and its impact on process. Recent reforms to the adversarial system of litigation will be explored. The civil dispute resolution part of the unit will cover alternative dispute resolution, the procedures for commencing a civil action, case management, gathering evidence and the rules of privilege. Criminal process will be explored by reference to police powers, bail and sentencing. The course focuses on practical examples with consideration of the applicable legislation, ethics, and contextual and theoretical perspectives.
LAWS1015 Contracts

Credit points: 6 Teacher/Coordinator: Dr Wayne Courtney Session: Semester 1,Summer Early Classes: 2x2-hr lectures or tutorials/week Assessment: Class participation (10%) and take-home assignment (30%) and 2hr final exam (60%)
Contract law provides the legal background for transactions involving the supply of goods and services and is, arguably the most significant means by which the ownership of property is transferred from one person to another. It vitally affects all members of the community and a thorough knowledge of contract law is essential to all practising lawyers. In the context of the law curriculum as a whole, Contracts provides background which is assumed knowledge in many other units. The aims of the course are composite in nature. The course examines the rules that regulate the creation, terms, performance, breach and discharge of a contract. Remedies and factors that may vitiate a contract such as misrepresentation are dealt with in Torts and Contracts II. The central aim of the course is to provide an understanding of the basic principles of contract law and how those principles are applied in practice to solve problems. Students will develop the skills of rules based reasoning and case law analysis. A second aim is to provide students an opportunity to critically evaluate and make normative judgments about the operation of the law. Successful completion of this unit of study is a prerequisite to the elective unit Advanced Contracts.
LAWS1016 Criminal Law

Credit points: 6 Teacher/Coordinator: Prof Mark Findlay Session: Semester 2 Classes: 2x2-hr seminar/week for 10 weeks. Assessment: Class participation (10%) and research essay (30%) and 2hr open book exam (60%)
This unit of study is designed to introduce the general principles of criminal law in NSW, and to critically analyse these in their contemporary social and political context. In order to achieve this, the unit will consider a range of theoretical literature as well as critical commentary, and will focus on particular substantive legal topics in problem-centred contexts. Although the topic structure is necessarily selective, it is intended that students will gain a broad understanding of crime and justice issues, as well as of the applications of the criminal law. Students will encounter problem-based learning and will be encouraged to challenge a range of conventional wisdom concerning the operation of criminal justice. This unit of study is designed to assist students in developing: (1) A critical appreciation of certain key concepts which recur throughout the substantive criminal law. (2) knowledge of the legal rules in certain specified areas of criminal law and their application. (3) preliminary knowledge of how the criminal law operates in its broader societal context. (4) An understanding of how criminal liability is determined. The course has a critical focus and will draw on procedural, substantive, theoretical and empirical sources. The contradictions presented by the application of legal principle to complex social problems will be investigated.
LAWS1017 Torts and Contracts II

Credit points: 6 Teacher/Coordinator: Dr Wayne Courtney Session: Semester 2,Summer Early Classes: 1x2-hr lecture and 1x1-hr tutorial/week Assessment: 2000wd assignment (30%) and tutorial participation (10%) and 2hr exam (60%).
The laws of tort and contract frequently overlap in practice and are increasingly regulated by statute. This unit aims to develop the integrated study of the law of obligations and remedies. It builds on the introduction to tort and contract law which students acquired in Torts and Contracts respectively. It will include the study of more advanced topics in both areas and consider the impact of related statutes. Core topics are:
(a) Concurrent, proportionate and vicarious liability;
(b) Liability (and remedies) for misrepresentation in tort and contract and for misleading conduct under statute (in particular, under s 18 of the Australian Consumer Law);
(c) Liability for negligently inflicted economic loss in tort, including some comparative study;
(d) Damages for breach of contract; and
(e) Vitiating factors and other factors affecting contracts, including: unfair or unconscionable dealing; unfair terms in contracts; mistake; duress; and undue influence. This topic includes a study of equitable principles and statutory rights and remedies (such as those under the Australian Consumer Law).
Other topics will be studied to the extent class time allows. These topics may include: tort remedies for interference with goods; breach of statutory duty; public nuisance; and illegality in contract.
LAWS1019 Legal Research II

Session: Semester 1,Semester 2 Classes: 4x2-hr seminars Assessment: Satisfactory attendance and in-class exam
Note: Semester 1 classes are for Combined Law candidates in the Faculty of Arts and Social Sciences. Semester 2 classes are for Combined Law candidates in the Business School and faculties of Architecture, Engineering and Science.
This is a compulsory unit taught on a pass/fail basis. It is a continuation of Legal Research I and covers advanced searching techniques and the use of Lexis.com, Westlaw and other complex commercial databases. The purpose of this unit is to further develop the skills you will need as a law student and to introduce you to the legal research skills you will need after graduation.
LAWS1021 Public Law

Credit points: 6 Teacher/Coordinator: Ms Elisa Arcioni Session: Semester 2,Summer Late Classes: 2x2-hr seminars/week for 10 weeks Assessment: 1hr in-class test (25%) and 2hr exam (75%)
This unit is designed to introduce students to the principles and structures that underpin constitutional and administrative law in Australia. It is broader than either of these subjects because its focus is on generic issues of governance and accountability, focusing on questions of power: what power is exercised by whom, from what source, with what limits and how and by whom is the exercise of those powers to be scrutinised. The unit begins with an introduction to the Constitution, its history, and the structures established by it, together with consideration of how to change both State and Commonwealth Constitutions. The unit then moves to consider the three arms of government and related concepts such as representative and responsible government. The unit then moves to consider the various mechanisms by which the executive can be made acountable, including by the Parliament, judicial review, merits review and investigative tribunals
LAWS1023 Public International Law

Credit points: 6 Teacher/Coordinator: Assoc Prof Chester Brown Session: Semester 1 Classes: 1x2-hr lecture/week and 1x1-hr tutorial/week Assessment: 2,500wd optional, non-redeemable, problem assignment (30%) and 2hr 30min final exam (70%)
The compulsory unit of study is an introduction to the general problems, sources and techniques of public international law. The unit surveys the fundamental rules and principles public international law through an examination of the following topics (1) the nature, function and scope of public international law, (2) the sources of public international law, (3) the law of treaties including principles of treaty interpretation, (4) the relationship between public international law and municipal law, (5) the extent of civil and criminal state jurisdiction, (6) immunities from state jurisdiction including diplomatic privileges and immunities (7) state responsibility, including diplomatic protection, nationality of claims and exhaustion of local remedies, (8) regulation of the use of force in international relations, and (9) dispute settlement.

MKTG - Marketing

MKTG1001 Marketing Principles

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Group case study (20%), Mid-semester exam (20%), Group presentation (20%), Tutorial participation (10%), Research component (2%), Final exam (28%)
This unit examines the relationships among marketing organisations and final consumers in terms of production-distribution channels or value chains. It focuses on consumer responses to various marketing decisions (product mixes, price levels, distribution channels, promotions, etc.) made by private and public organisations to create, develop, defend, and sometimes eliminate, product markets. Emphasis is placed on identifying new ways of satisfying the needs and wants, and creating value for consumers. While this unit is heavily based on theory, practical application of the concepts to "real world" situations is also essential. Specific topics of study include: market segmentation strategies; market planning; product decisions; new product development; branding strategies; channels of distribution; promotion and advertising; pricing strategies; and customer database management.
MKTG2112 Consumer Behaviour

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Ongoing work portfolio (15%), Class participation (15%), Project interview transcripts (Individual component) (15%), Final project group presentation (10%), Final project group report (20%), Midterm exam (25%)
This unit examines the psychological, social, and cultural aspects of consumer behaviour on the marketing decisions of public and private organisations. Concepts and principles are drawn from disciplines such as cognitive psychology, social psychology, sociology, anthropology, and demography to discover and understand various aspects of consumer behaviour. Specific topics of study include: cultural, demographic and psychographic influences; reference group influences; household decision processes and consumption behaviour; consumer perception and learning; motivation, personality and emotion; consumer attitudes; and purchase decision processes.
MKTG2113 Marketing Research

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Group project (planning and executing market research (18%) and analysing quantitative data (18%)); Tutorial participation (10%); Research participation (6%); Exams (mid-semester (20%) and final (28%))
Fundamental to marketing is a requirement to understand who your customers are and what they want. Marketing research is the essential activity of discovering information and presenting it in a useful format to marketing decision makers. This unit introduces the skills and knowledge necessary to allow students to accurately formulate research questions and then discover answers ensuring that these are accurate, reliable and timely. Particular focus is given to different approaches to and aspects of data collection, including: qualitative research; secondary data collection; questionnaire design; sampling; experimental design; validity and basic data analysis.
MKTG3112 Marketing Communications

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Week 1 quiz (3%), Group presentation (35%), 5min presentation topic overview & workplan (5%), TV Buy case (20%), Research participation (2%), Final 2hr exam (35%)
This unit of study offers an introduction to and overview of current theory and practice in marketing communications. It will include aspects of advertising in the main media (television, radio, print, outdoor, cinema), sales promotion, personal selling and new media, such as the Internet. It will provide students with a sound theoretical/conceptual foundation as well as the strategic/practical perspectives of Marketing Communications planning and implementation.
MKTG3114 New Products Marketing

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: group project (40%), mid-semester exam (20%), tutorial participation (10%), research component (2%), final exam (28%)
New products and services are crucial to successful growth and increased profits in many industries. The goal is to help students learn how to develop and market new products and services in both the private and public sectors. A product development assignment is carried out to reinforce the material covered and to provide realistic examples of how new products are designed, tested and launched.
MKTG3116 International Marketing

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Participation (18%), Case study presentation (15%), International marketing plan (written (20%) and presentation (15%)), Examination (30%), Research component (2%)
This unit introduces students to international marketing using the marketing concept. It firstly considers environmental factors and then studies how marketing strategies are affected by those environmental factors. It gives students an awareness and understanding of international marketing concepts and highlights their importance in a rapidly changing global economy. Additionally the unit develops students' skills in designing and implementing marketing strategies in diverse international contexts.
MKTG3117 Services Marketing

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Group project (assignment (25%), re-submission of group assignment (20%)); Participation (15%); Exam (38%), Research component (2%)
This unit provides an understanding of the concepts and processes specifically applicable to services marketing. Services are by nature different from products, and therefore lead to a set of different marketing challenges faced by service-based organisations such as those in tourism, hospitality, health care, aviation, banking, financial, accounting, medical and legal services industries. The unit focuses on those aspects of services that require differential understanding and execution than in a product-marketing environment. Customer care, relationship marketing, and how to use service as a competitive advantage are the other primary areas of interest covered by the unit.
MKTG3118 Marketing Strategy and Planning

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: consultant group presentation (20%), rationale for strategies - consultant group (10%), reflective journal entries (18%), participation (10%), final exam (40%), research component (2%)
This course will focus on strategic and managerial aspects of marketing. It will cover the development of innovative, business models; segmentation, positioning and lifecycle strategies; and key aspects of managing and organising marketing activities, and measuring performance. The central theme is how marketing strategy and its management can create superior and sustainable value for both customers and shareholders. Assessment will reflect the Unit's strategic decision-making approach, requiring students to take on the roles of marketing advisors and managers.
MKTG3119 Public Relations Management

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week. Assessment: group public relations proposal (5%), group public relations plan (35%), team marketing plan presentation (15%), online media assessment task (20%), final exam (25%)
Every organisation in the public and private sector makes use of public relations in some form or another. Indeed, for many organisations and marketing professionals, the marketing function is dominated by a mix of advertising, integrated marketing communications and public relations. This subject develops the theoretical and applied knowledge for students to better understand and use public relations. This subject provides a detailed inspection of communication processes necessary for the management of organizational relationships with publics by public relations practitioners. The subject addresses topics such as issues management, event management, media relations, ethics and public relations in commercial and not for profit entities to explore the foundations of contemporary public relations management.
MKTG3120 Building and Managing Brands

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Tutorial work/participation; Mid-semester examination (20%); Group project - progress report (5%), presentation (15%) and report (30%); Final examination (30%)
The most important intangible asset of any organisation is its brand or portfolio of brands. Marketers use an array of internal and external communications approaches to deliver the brand's overall value proposition and experience to its key stakeholders and target customers, and thereby build brand equity. Names, symbols, and slogans along with their underlying associations, perceived quality, brand awareness, customer base and related proprietary resources form the basis for brand equity. Most brands fail because of the lack of proper market research and analysis that enables the brand's core values to be articulated, accurate positioning strategies to be developed, and complete alignment to be achieved between internal and external brand building communications. This unit helps students understand the concept of brand equity and the management of brand assets by learning how to strategically create, position, develop and sustain brand equity.
MKTG3121 Advertising: Creative Principles

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Group creative project (35%), Assignment (20%), Final 2hr exam (30%), Participation (13%), Research component (2%)
Most companies use advertising to introduce themselves, their products and services to existing and potential customers. Advertising is their public face and together with integrated marketing communications and public relations is one of the three pillars of commercial communication. This subject explores the creative material that is developed and produced to contact, inform, educate and influence consumer decisions. Advertising is the point where communication theory is put into practice. Understanding the creative principles and practices used by advertising personnel enables the marketer to commission, evaluate and produce creative material to professional industry standards. This subject addresses topics such as the importance of creativity; messaging issues, determining consumer insights; the creative potential and purpose of different media; developing creative concepts; determining the advertising idea; critiquing advertising; identifying key issues; producing the final creative material and taking it to the marketplace.

QBUS - Quantitative Business Analysis

QBUS1030 Business Modelling with Spreadsheets

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week. Assessment: Assignments (20%); Individual Business Case (40%); Group Business Case (40%)
A starting point for the analysis of any business problem is the setting up of a model, in which the various inputs and decision variables are represented, as well as the outcomes of interest. The most basic tool to achieve this is a spreadsheet. This unit will show how to use spreadsheets to model a wide array of business problems drawn from business areas such as marketing, accounting and finance. Students taking this unit will learn the skills required for effective modelling using spreadsheets and will become familiar with a full range of spreadsheet capabilities.
QBUS2310 Management Science

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Assignments (35%); Mid-Semester exam (20%); Final exam (45%)
The ability to understand and mathematically formulate decision problems is a fundamental skill for managers in any organisation. This unit focuses on basic management science modelling techniques used in capacity planning, production management, and resource allocation. Students will learn to approach complex real life problems, formulate appropriate models and offer solution procedures to ensure an optimal use of resources. Methods include linear programming, integer programming, quadratic programming, and dynamic programming.
QBUS2320 Methods of Decision Analysis

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Assignments (20%); Mid-semester test (20%); Final exam (60%)
This introductory unit on decision analysis addresses the formal methods of decision making. These methods include measuring risk by subjective probabilities; growing decision trees; performing sensitivity analysis; using theoretical probability distributions; simulation of uncertain events; modelling risk attitudes; estimating the value of information; and combining quantitative and qualitative considerations. The main goal of the course is to show how to build models of real business situations that allow the decision maker to better understand the structure of decisions and to automate the decision process by using computer decision tools.
QBUS2330 Operations Management

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Assignments (35%); Mid-Semester exam (20%); Final exam (45%)
This unit is about the fundamentals of operations management, an exciting area that has a profound effect on the productivity of both manufacturing and services. The techniques of operations management apply throughout the world to virtually all productive enterprises. It does not matter if the application is in an office, a hospital, a restaurant, a department store, or a factory - the production of goods and services requires operations management. As a graduate working in the business sector you will certainly be exposed to operations issues - this unit will equip you to approach these issues intelligently, whether or not your role is within the operations function. The efficient production of goods and services requires effective application of the concepts, tools, and techniques that we introduce in this unit. These include: quality management, capacity planning, location and layout strategies, supply chain management and inventory control.
QBUS2350 Project Planning and Management

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: group project (40%), individual homework (20%), final exam (40%)
Project management provides business organisations with a powerful set of tools that improve their ability to plan, implement, and manage activities to accomplish specific organisational objectives. But project management is more than just a set of tools; it is a results-oriented management style that places a premium on building collaborations among a diverse cast of characteristics. This unit introduces students to the planning and management of projects by focusing on a variety of practical topics including project network, PERT, resource scheduling, learning curves, cost and time management in projects, and the use of project management support systems. It also discusses the organisational, leadership, cultural, technological challenges that project managers might face.
QBUS2810 Statistical Modelling for Business

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Group Assignment (20%); Individual Assignments (20%); Mid-Semester exam (20%); Final Exam (40%)
Statistical analysis of quantitative data is a fundamental aspect of modern business. The pervasiveness of information technology in all aspects of business means that managers are able to use very large and rich data sets. This unit covers a range of methods to model and analyse the relationships in such data, extending the introductory methods in BUSS1020. The methods are useful for detecting, analysing and making inferences about patterns and relationships within the data so as to support business decisions. This unit offers an insight into the main statistical methodologies for modelling the relationships in both discrete and continuous business data. This provides the information requirements for a range of specific tasks that are required, e.g. in financial asset valuation and risk measurement, market research, demand and sales forecasting and financial analysis, among others. Emphasis will be given to real empirical applications in business, finance, accounting and marketing, using modern software tools.
QBUS2820 Predictive Analytics

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Assignment 1 (25%); Assignment 2 (25%); Mid-Semester exam (25%); Final Exam (25%)
Predictive analytics are a set of tools to enable managers to exploit the patterns found in transactional and historical data. For example major retailers will invest in predictive analytics to understand, not just consumers' decisions and preferences, but also their personal habits, so as to more efficiently market to them. This unit introduces different techniques of data analysis and modelling that can be applied to traditional and non-traditional problems in a wide range of areas including stock forecasting, fund analysis, asset allocation, equity and fixed income option pricing, consumer products, as well as consumer behaviour modelling (credit, fraud, marketing). The forecasting techniques covered in this unit are useful for preparing individual business forecasts and long-range plans. The unit has a practical approach with many up-to-date datasets used for demonstration in class and in the assignments.
QBUS3310 Advanced Management Science

Credit points: 6 Session: Semester 1 Classes: 1 x 2hr lecture and 1 x 1hr tutorial per week Assessment: Two assignments (20%); Test (20%); Final exam (60%)
This unit gives guidelines for the formulation of management science models to provide practical assistance for managerial decision making. Optimisation methods are developed, and the complexity and limitations of different types of optimisation model are discussed, so that they can be accounted for in model selection and in the interpretation of results. Linear programming methods are developed and extended to cover variations in the management context to logistics, networks, and strategic planning. Other topics may include decision analysis, stochastic modelling and game theory. The unit covers a variety of case studies incorporating the decision problems faced by managers in business.
QBUS3810 Business Risk Analysis

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Group project (15%); Assignments (20%); Mid-semester exam (20%); Final exam (45%)
Everyone working in business needs to understand and manage risk. This unit will provide the basic knowledge and tools needed to do this. It includes material on the risk management strategies that every business needs, as well as specific quantitative and statistical techniques for evaluating risk. By taking this unit students will learn how different aspects of risk management fit together (like Value-at-Risk (VaR) and tail-VaR calculations, Monte-Carlo simulation, extreme value theory, individual and collective risk models, credibility theory and credit scoring).
QBUS3820 Data Mining and Data Analysis

Credit points: 6 Session: Semester 2 Classes: 1 x 2hr lecture and 1 x 1hr tutorial per week Assessment: Group project (20%); Assignments (15%); Mid-semester exam (20%); Final exam (45%)
The advances in information technology have made available very rich information data sets, often generated automatically as a by-product of the main institutional activity of a firm or business unit. Data Mining deals with inferring and validating patterns, structures and relationships in data, as a tool to support decisions in the business environment. The course offers an insight into the main statistical methodologies for the visualisation and the analysis of business and market data, providing the information requirements for specific tasks such as credit scoring, prediction and classification, market segmentation and product positioning. Emphasis will be given to empirical applications using modern software tools.

SMTP - Medicine

Theses units are offered through the Sydney Medical School. They are only available to students enrolled in the Bachelor of Commerce and Bachelor of Medicine and Bachelor of Surgery.
SMTP3007 SMTP Elective I

Session: Semester 1,Semester 1a,Semester 1b,Semester 2,Semester 2a,Semester 2b Classes: project work Assessment: Report describing the elective topic or activities
The unit will enable the students to develop the skills that will prepare them for the medical program. Students must obtain approval for their project work from the coordinator of the combined medical degree program.

USSC - US Studies Centre

The US Studies Centre administers all USSC units.
The units listed below are only those listed as electives within the International Business major. For details of other USSC units not listed below, students should refer to the Faculty of Arts and Social Sciences handbook.
USSC2601 US in the World

Credit points: 6 Teacher/Coordinator: Dr. Adam Lockyer Session: Semester 1,Summer Early Classes: 1x 2-hr lecture/week, 1x1-hr tutorial/week Assessment: 2x 1,000 wd opinion pieces (40%), 1x2,500 wd policy report (50%), participation (10%)
This unit of study introduces students to the key global transformations of the contemporary era, focusing on the role of the United States amid the challenges posed by: globalisation, the rise of Islamic extremism, nuclear proliferation, and the emergence of China and India as world powers. The unit is designed to give students the ability to look behind today's news headlines to understand the underlying forces driving them, particularly the behaviour and views of key policy makers and opinion leaders.

WORK - Work and Organisational Studies

WORK1003 Foundations of Work and Employment

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Participation (10%), short essay (20%), major essay (40%), exam (30%)
Note: This is the compulsory unit of study for the Industrial Relations/Human Resource Management major.
This unit draws on concepts from industrial relations and human resource management to examine the interests and strategies of workers, unions, managers, employers and the state. It explores the relationships between these parties as they seek to manage their environments and workplaces and to exercise control over each other. The unit enables students to understand how and why the organisation, regulation and management of work are changing in Australia and globally. As well as providing an introduction to all aspects of the study of the employment relationship, this is the foundation unit for a major in industrial relations and human resource management.
WORK2201 Foundations of Management

Credit points: 6 Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Tutorial participation (10%), Tutorial quizzes (10%), Essay (40%), Exam (40%)
Note: This a compulsory unit of study for the Management major.
This unit serves both as a stand-alone unit for students who wish to obtain an overview of management methods and approaches and as the basis of study for advanced and specialised undergraduate units listed in the Management major. It examines management as a process of planning, organising, leading and controlling the efforts of organisational members and discusses how recent trends such as globalisation, economic change and the effects of new technology have led to profound changes in how organisations are managed. It explores these issues with respect to both large and small, public and private, and domestic and foreign organisations.
WORK2203 Industrial Relations Policy

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1hr tutorial hour per week Assessment: Academic Honesty Module (0%); Short essay (20%); Mid Semester Exam (30%); Major essay (40%); Class participation (10%)
Note: This is the compulsory unit of study for the Industrial Relations/Human Resource Management major.
The aim of this unit of study is to provide an understanding of the institutions and processes engaged in the regulation of work and labour markets. At times of intense change and debate such as today, it becomes all the more important to develop understandings of industrial relations policy which are intellectually rigorous; that is, which are evidence-based, theoretically-explicit and historically-informed. This unit is framed by these considerations. Particular topics may include: the development of policy; the nature of regulation; state and federal government policies; arguments for change; the influence of lobby groups; employer and union strategy; work-family debates and policies; the working of tribunals and courts; dispute settling procedures; the development of wage determination; the outcomes and implications of policy change.
WORK2205 Human Resource Processes

Credit points: 6 Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1hour tutorial per week Assessment: Academic Honesty Module (0%); In-class lecture content quiz (10%); In-class team debate (10%); Team debate paper (20%); Major assignment (30%); Final exam (30%)
Note: This is the compulsory unit of study for the Industrial Relations/Human Resource Management major.
Building on the foundational coverage of Human Resource Management (HRM) issues and concepts provided in WORK1003, this unit provides an advanced understanding of key HRM concepts, processes and practices, including the employee psychological contract; engagement, motivation and satisfaction; recruitment and selection; learning and development; career planning and development; mentoring and coaching, performance management; reward management; high involvement management, employee wellbeing; HRM and ethics; international HRM; and HRM system evaluation and change. The unit's 'micro'/psychological focus is designed to complement and support the 'macro'/strategic focus taken in the advanced elective unit WORK2211 Human Resource Strategies.
WORK2209 Organisational Analysis and Behaviour

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Participation (10%), essay (40%) and exam (50%)
The aim of this unit is to provide an understanding of the actual processes and structures that influence the way people behave in organisations. It examines different approaches beginning with the individual (micro) level through to the organisational (macro) level. It takes students through a range of topics including attitudes, perceptions, organisational citizenship, workaholism, humour at work, rumour/gossip, romance/sex in organisations, bullying and violence, group dynamics, organisational power and politics and organisational culture. At the end of the unit students have developed the ability to reason, debate and critically examine a range of topical organisational issues.
WORK2210 Strategic Management

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1hour tutorial hour per week Assessment: Test (10%), tutorial presentation (30%), case study (30%), exam (30%)
Note: This is the compulsory unit of study for the Management major.
The aim of this unit is to critically examine the concept of strategy in the management of organisations. It examines different approaches to strategy and strategic management and traces the development of strategic management as an academic discipline. It takes students though the classical strategic management process as it is presented in most textbooks and it also introduces students to a range of current debates in strategic management. This unit can be taken as a stand alone introduction to strategy or as part of a broader program of study in management.
WORK2211 Human Resource Strategies

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Essay (40%); Tutorial attendance and participation (10%); Group tutorial facilitation (10%); Exam (40%); Academic Honesty Module (0%)
This unit examines the links between human resource management and strategic management in different kinds of organisations, both in Australia and overseas. It provides a critical and in-depth analysis of the human resource management theories, paying particular attention to the concepts of strategy, people management and organisational performance. The unit considers contemporary and controversial issues in human resource management, which may include downsizing, outsourcing, knowledge management, governance and social responsibility.
WORK2215 IR and HRM Practice

Credit points: 6 Session: Int June Classes: 35-40 hours work experience and 5/6 days, 9am-5pm Assessment: Role play (45%); Essay (45%); Participation (10%)
Note: Department permission required for enrolment
Note: Entry to the unit is by application to the Discipline of Work and Organisational Studies Office and is on a merit basis. The application can be downloaded at: http://sydney.edu.au/business/wos/documents/work2215_application_form
This unit is intended to go some way towards bridging the gap between theory and professional life. The unit examines the theoretical basis of labour negotiation. It goes on to examine the process of bargaining drawing upon both literature and experience of industrial relations and human resource management practitioners. The process of advocacy and role of advocacy in Australian industrial relations is also examined. Much of the unit is devoted to role-play negotiation exercises where students apply the techniques that have been taught. Students also undertake a period of work experience. Entry to the unit is by application to the Discipline of Work and Organisational Studies Office and is on a merit basis. The application can be downloaded at: http://sydney.edu.au/business/wos/documents/work2215_application_form
WORK2217 International Human Resource Management

Credit points: 6 Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Major Assignment (50%); Exam (40%); Tutorial Attendance (10%); Academic Honesty Module (0%)
This unit considers the opportunities and challenges associated with managing employees in international and cross-cultural contexts, with specific emphasis on international recruitment, selection, preparation, placement, management development, performance management, reward and remuneration in the international, multi-national and trans-national corporation. Within the context of global labour markets, the unit considers the implications of internationalisation and globalisation for human resource management (HRM), the difference between domestic and international HRM, and the challenges of cross-cultural management. This unit will provide students with a theoretical understanding of IHRM and cross-cultural management, as well as a practical understanding of the issues and challenges associated with managing employees in international, global and cross-cultural contexts.
WORK2218 People and Organisations

Credit points: 6 Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Case Study Assignment (30%); Group Presentation (10%); Group Feedback (5%); Major Group Assignment (25%); Exam (30%); Academic Honesty Module (0%)
Note: This is the compulsory unit of study for the Management major.
Contemporary organisations are characterised by a high degree of change. One of the most pervasive, and widely debated, changes in organisations has been the growing use of various forms of teamwork. Contemporary forms of teamwork include project based teams, virtual teams, and self managing teams and are found across a broad spectrum of organisational types- from manufacturing to professional service organisations. This unit of study introduces students to theories about the impact of individual, group and organisational factors on people and organisations and uses these concepts and theories to examine the factors that can make working in and managing teams more effective. As such, People and Organisations is designed to provide students majoring in Business insight into a set of critical issues that will impact their professional and business careers. Because of the increasing significance of teamwork, this unit of study also provides an important foundation for further study in Management and Industrial Relations and Human Resource Management.
WORK2219 Management and Organisational Ethics

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Individual reflection (15%); Individual Essay (30%); Poster (25%); exam (30%); Tutorial attendance and preparation (0%); Academic Honesty Module (0%)
Ethical issues are occupying an increasingly prominent place in work, organisation and management studies. This unit of study focuses on ethical aspects of management and organisational practice. By applying relevant ethical frameworks, students will be encouraged to enhance their understanding of the role and responsibilities of management, the impact of organisations on employees and the ethical implications of contemporary trends in employment. This unit builds on foundational units of study in Management, Industrial Relations and Human Resource Management.
WORK2221 Organisational Communication

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Case study (20%), Persuasive message and analysis (30%), Final 2hr exam (40%), Participation (10%)
Communication is integral to many organisational processes; for instance, effective planning, decision-making, negotiation, conflict management, change management and leadership all rely upon effective communication by organisational actors. At the same time, organisational communication has become more complex due to increasing levels of diversity in the workplace and an increasing reliance on emergent and rapidly changing communication technologies. Drawing on communication research models, theories and case studies, the unit will provide students with insight into how to manage the complexities of contemporary organisational communication. The unit will focus primarily on internal organisational communication and will examine communication processes at various levels: interpersonal (dyadic), group and organisation.
WORK2222 Leadership in Organisations

Credit points: 6 Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Reflective journal (30%); Group film analysis (20%); Tutorial attendance and participation (10%); Final exam (40%); SPARK self and peer assessment (Failure to complete SPARK on time results in a 2% penalty on your final mark)
Leadership is increasingly seen to be a key factor affecting the performance of contemporary organisations and is an important area of study in the fields of management and organisational behaviour. While leadership principles are often associated with the work of senior management, they also have potential application to all members of organisations. This unit explores conventional and alternative perspectives on leadership and also examines the practice of leadership in diverse organisational contexts. Practitioner perspectives, experiences and case studies of business leaders are also presented. The unit builds on foundational units of study in Management, IR and HRM and International Business.
WORK2225 Work and Social Change

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: Essay (40%), case study/minor essay (25%), exam (35%)
This unit is designed to further an understanding about what work means to workers and those who manage them. Each week we will locate a series of concepts drawn from sociological texts and the popular media to the world of work, looking at issues such as the patterns of change and stability in the structure of work and how work is experienced. The unit also looks at the organisational and occupational foundations of working life, bureaucratic and flexible forms of work organisation as they relate to a range of occupational groups including professional work and work which is considered dangerous and deviant. Relationships between work and other institutions, such as the family and education are considered, as well as relations at different workplace levels.
WORK2226 Institutions at Work

Credit points: 6 Session: Semester 2 Classes: 1 x 2 hr lecture and 1x 1hr tutorial per week Assessment: Participation (10%), short essay (20%), major essay (30%), exam (40%)
This unit of study examines the development and operation of institutions formed to represent the different interests of individuals and groups in the arena of work and employment. It describes the historical development of organisations representing the interests of labour, both across and within the workforce. It identifies the manner in which business groups have represented their interest around issues of work and labour regulation. Finally it examines how these representative institutions have formed and dissolved coalitions of support around particular labour market issues such as wages, labour market participation and employee representation.
WORK3922 Researching Work and Organisations

Credit points: 6 Session: Semester 2 Classes: 1x 3 hour seminar per week Assessment: Pair Seminar Presentation (20%); Applied Research Report (30%); Thesis Proposal (50%)
This unit seeks to develop the skills, practices and understandings necessary to undertake a research-based thesis in work and organisational studies. Students gain an understanding of the theoretical basis and design requirements of the main qualitative and quantitative approaches to research, as well as the techniques of questionnaire design, interviewing, observation and documentary analysis. There is an emphasis on the development of methodological expertise relevant to the students anticipated dissertation topic and the preparation of a viable research proposal.