ECO2001 Microeconomics for Business and Government (FOBUS)

Semester 2 (ONC)Toowoomba (EXT)Toowoomba

Units 1.0 (Economics) Band 2

Pre-requisite: ECO1000

Recommended Pre-requisite: POL2001. Students are required to have access to a personal computer, e-mail capabilities and Internet access to USQConnect. Current details of computer requirements can be found at http://www.usq.edu.au/business/aboutfob.htm

Synopsis

Microeconomics is part of the study of how the world works. It deals with business, household and government choices, the design and effects of policy and the efficiency and fairness of the way resources are used in a community. This course focuses upon a range of microeconomic principles, their use by economists in economic analysis and their relevance in the global economy. While drawing on the history of economic thought, it emphasises contemporary resource- use issues and the development of the skills of the professional economist.