FIRST YEAR ECONOMIC COURSES FIRST YEAR ECONOMIC COURSES

ECON1101 - Microeconomics 1

Offered Terms: 1 | 2 | 3 | Summer

ECON1101 provides student’s with the basic tools to “think like an economist” – that is, to be able to use basic economic principles to ask and answer questions about how the world works and the effect of policies. It covers topics such as how individuals or firms make decisions about the demand for or supply of a product, how we can determine the efficiency of a market, and how we evaluate the costs and benefits of trade or government intervention in a market.

Student Testimonials:

“I found ECON1101 to be an engaging and interesting course. The assessments were manageable and the course was well structured. I enjoyed learning about fundamental economic concepts in detail, such as how supply and demand are derived for an individual vs. a firm.”

ECON1102 - Macroeconomics 1

Offered Terms: 1 | 2 | Summer

ECON1102 provides an introduction to the economic analysis of key macroeconomic variables such as output, employment, inflation, interest rates and exchange rates The course will provide students with a framework for understanding the workings of the whole economy and the various interactions among households, business and governments

Student Testimonials:

“Overall, ECON1102 was great in terms of introducing us to the key macroeconomic concepts of growth, inflation and unemployment I liked how each week built up to form overarching economic models that linked all the different concepts together.”

ECON1203 - Business & Economic Statistics

Offered Terms: 1 | 2

ECON1203 introduces students to basic statistical concepts and methods that are widely used in economics, finance, accountancy, marketing and, more generally, business. Emphasis is placed on applying statistical methods to draw inferences from sample data as an aid to informed decision-making.

Student Testimonials:

“ECON1203 actually made me like statistics! The course is very useful and you have the opportunity to practice important skills like Excel and report writing. The first few lectures of ECON1203 are a review of HSC Mathematics content, so it is a gradual ease into new information.”

ECON1202 - Quantitative Analysis for Business & Economics

Offered Terms: 1 | 3 | Summer

ECON1202 course equips students with a working knowledge of the most common techniques, providing the basis for their further studies. Topics include the mathematics of finance, matrix algebra, linear programming, as well as calculus and (unconstrained and constrained) optimisation

Student Testimonials:

"It was quite a challenging course but rewarding. Revising high school math goes a long way ”

ECON1404 - Economic Perspectives

Offered Terms: 1 | 3

ECON1401 engages you with the founding ideas of economics and their relevance to the social usefulness of modern economic science. You will learn how modern-day problems are addressed in different subfields of modern economics, how these endeavours relate to the historical development of economics, and where the frontiers of economics as a discipline presently lie.

Student Testimonials:

"ECON1401 is a fascinating course! It is like a mix between HSC English, Economics and History. You will learn about classical economics perspectives and how the discipline came into existence The lectures are super engaging and the tutorials are a good opportunity for you to share your personal perspectives and opinions about economic issues Personally, I liked how this course focused on essay and reflective writing.”