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.
Unit details and rules
Academic unit | Business School |
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Credit points | 6 |
Prerequisites
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None |
Corequisites
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None |
Prohibitions
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ECON1001 OR ECON1040 |
Assumed knowledge
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Mathematics (equivalent of band 4 in the NSW HSC subject Mathematics or band E3 in Mathematics Extension 1 or 2) OR MATH1111 |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Huy Vu, huy.vu@sydney.edu.au |
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Lecturer(s) | James Morley, james.morley@sydney.edu.au |
Huy Vu, huy.vu@sydney.edu.au |