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The current and official versions of the course specifications are available on the web at https://www.usq.edu.au/course/specification/current.
Please consult the web for updates that may occur during the year.

ECO1000 Economics

Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Business
Student contribution band : Band 4
Grading basis : Graded
Version produced : 20 May 2022

Overview

Economics is a social science that studies how society manages its scarce resources. In this course, students will learn how to use resources more efficiently and how to allocate things in a manner that makes us all better off. All politicians and business people today use the language and ideas of economics. Economics is all around us and has become part of our everyday life. An understanding of the economic way of thinking and the principles of economics are essential for those who want to participate in a modern society.

Economic concepts and ideas are used in both business and government as the basis for much decision-making. This course introduces students to the main economic concepts and provides them with the opportunity to explore some of the key contemporary business and economic issues. Students not only learn the basic tenets of the discipline, but also able to relate these concepts to understand real-world problems through case studies. These case studies place students in real world situations requiring them to apply their theoretical understanding to explain and critically analyse these problems faced by business and economic managers in the 21st century. It covers both micro and macro economics.

Course offers

Semester Mode Campus
Semester 1, 2022 On-campus Toowoomba
Semester 1, 2022 Online
Semester 2, 2022 On-campus Springfield
Semester 2, 2022 On-campus Toowoomba
Semester 2, 2022 Online
Semester 3, 2022 Online
Date printed 20 May 2022