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Unit of study_
ECOS2006: Economic Principles for Business
2027 unit information
This unit introduces the core principles of microeconomics and macroeconomics and their application to business decision-making. Students examine how supply and demand determine prices and resource allocation; how firms make production and pricing decisions under different market structures; and, how market failures arise. The unit also explores business cycles and key macroeconomic indicators such as GDP, inflation and unemployment, and examines the roles of fiscal and monetary policy and central banks in shaping economic activity. Students apply economic reasoning to analyse real-world business and policy issues.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
?
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None |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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ECON1040 or BUSS1040 or (ECON1001 and ECON1002) |
| Assumed knowledge:
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None |
The learning outcomes for this unit will be available two weeks before the first day of teaching.
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.
There are no availabilities for this year.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 2 2027
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
There are no availabilities for previous years.
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Modes of attendance (MoA)
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