About this course
Intended learning outcomes
Graduates of this degree will be critical thinkers in relation to microeconomics, macroeconomics and econometrics.
- Describe and explain the fundamental principles influencing markets and managing organizations;
- Evaluate the impact of a variety of cultural and environmental factors on economic policy and business decisions; and
- Interpret and critically evaluate articles in the economics research literature.
Graduates of this degree will be analytical in the application of economics and econometrics theory, knowledge, principles, techniques and data.
- Explain and critically analyse factors that influence economic decision making in firms and government;
- Identify strategic issues and solutions in relation to economic problems and activity within firms and government; and
- Apply knowledge of theory to analyse real and hypothetical problems in different markets both domestically and internationally.
On successful completion of this degree students should have enhanced their skills in:
- Critical evaluation of ideas, views and evidence in support of an argument or proposition;
- Problem solving in economics and business decision making through the application of appropriate economic theories, principles, and the econometric analysis of data;
- Written and oral communication of economic related ideas, theories and solutions to peers and the wider community;
- Ability to synthesize ideas, theories and data in developing solutions to economic problems;
- Statistical reasoning through completion of core quantitative subjects in the degree; and
- Receptiveness to ideas and independence in thinking.
On successful completion of this course, students will be:
- Receptive to alternate ideas through a review of the literature and through class participation and assessment;
- Ethical in their approach to research and work practices;
- Advanced in their use, critical evaluation and testing of economics models and in forecasting and assessing business and government policy options;
- Adept in statistical reasoning through completion of core quantitative subjects in the degree;
- Advanced in problem solving through their understanding of macroeconomic and microeconomic issues and able to apply economic theory and statistical techniques to economic policy and business decision making;
- Critically analytical through the evaluation of ideas, views and evidence contained in the economic and econometric research literatures;
- Skilled in working effectively with computer software for the analysis of data;
- Adept at retrieval, summary and interpretation of economic and econometric information through class exercises and assessment;
- Able to apply and synthesise economic and econometric ideas, theory, models and evidence to domestic and international economic issues; and
- Independent and effective in communication of ideas.
Last updated: 10 November 2023