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Unit of study_
ECON1005: The Australian Economy
2025 unit information
This unit introduces students to the Australian economy, with a strong emphasis on its history. This historical context is used to highlight current aspects of the Australian economy, including population, growth, and inflation. The unit also provides some ways of thinking about how the Australian economy might develop in the future. The unit does not assume any prior knowledge of economics and is designed to be of interest and relevance to both students with and without prior exposure to economics.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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None |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate an understanding of the basic principles and tools of economics
- LO2. understand Australian economic history and its relevance to Australia’s economic future
- LO3. understand the benefits of objects-based learning
- LO4. identify critical economic issues facing Australia and analyse them using economic methods
- LO5. critically evaluate government policy responses.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 2 2025
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
