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This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.
In our personal lives and business careers, we are faced with many choices as we try to make the best use of the limited resources available to us. This unit's main focus is 'economic literacy' - being able to recognise, understand and apply the economic principles which give us insight into personal, corporate and government behaviour (nationally and internationally). Its secondary focus is to introduce techniques which economists use to help them think logically about problems and their solutions. An understanding of concepts and techniques provides students with an 'economic toolkit' which will be useful in many situations in the future. There is considerable emphasis on the application of economic concepts to current economic climate in Australia and internationally.
On completion of this unit students should be able to:
Students will attend on campus classes as well as engage in learning activities through ECU's LMS
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | 12 x 1 hour pass session | Not Offered | Not Offered |
| Semester 1 | 13 x 2 hour seminar | Not Offered | Not Offered |
| Semester 2 | 12 x 3 hour pass session | Not Offered | Not Offered |
| Semester 2 | 13 x 2 hour seminar | Not Offered | Not Offered |
For more information see the Semester Timetable
Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies
Unit materials are available via LMS. Regular online access is required. This unit will be delivered using technology-enhanced learning. Students will be required to access and use a variety of digital learning materials to prepare for and engage in discussion and activities related to economics. Learning activities and Assessments will develop communication and analytical abilities of students as well as providing opportunities to discover, discuss and apply theory in a meaningful context. Students need to be actively engaged in the unit by reading the textbook chapters, listening to the content videos, completing the weekly Homework and Tutorial questions, and participating in discussions within LMS.
GS1 GRADING SCHEMA 1 Used for standard coursework units
Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.
| Type | Description | Value |
|---|---|---|
| Test | On-line Tests | 20% |
| Assignment | Assignment | 30% |
| Examination | Final Examination | 50% |
| Type | Description | Value |
|---|---|---|
| Test | On-line Tests | 20% |
| Assignment | Assignment | 30% |
| Examination | Final Examination | 50% |
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.
Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.
Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.
Breaches of academic integrity can include:
Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).
Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).
Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.
Using or having access to unauthorised materials in an exam or test.
Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.
ECU's policies and more information about academic integrity can be found on the student academic integrity website.
All commencing ECU students are required to complete the Academic Integrity Module.
In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.
Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.
ECF1110|4|1
This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.
In our personal lives and business careers, we are faced with many choices as we try to make the best use of the limited resources available to us. This unit's main focus is 'economic literacy' - being able to recognise, understand and apply the economic principles which give us insight into personal, corporate and government behaviour (nationally and internationally). Its secondary focus is to introduce techniques which economists use to help them think logically about problems and their solutions. An understanding of concepts and techniques provides students with an 'economic toolkit' which will be useful in many situations in the future. There is considerable emphasis on the application of economic concepts to current economic climate in Australia and internationally.
On completion of this unit students should be able to:
Students will attend on campus classes as well as engage in learning activities through ECU's LMS
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | 12 x 1 hour pass session | Not Offered | Not Offered |
| Semester 1 | 13 x 2 hour seminar | Not Offered | Not Offered |
| Semester 2 | 12 x 3 hour pass session | Not Offered | Not Offered |
| Semester 2 | 13 x 2 hour seminar | Not Offered | Not Offered |
For more information see the Semester Timetable
Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies
Students will be required to complete activities related to the application of economics. Learning activities and assessments will develop students' written communication and analytical abilities and provide opportunities to discover, discuss, and apply theory in a meaningful context. Students should actively engage in the unit by reading the textbook chapters, listening to the content videos, completing the weekly homework questions, and participating in discussions within a learning management system.
GS1 GRADING SCHEMA 1 Used for standard coursework units
Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.
| Type | Description | Value |
|---|---|---|
| Exercise | Open-Book Exercises for Economics | 15% |
| Assignment | Economics Essay | 35% |
| Examination | Final Examination | 50% |
| Type | Description | Value |
|---|---|---|
| Exercise | Open-Book Exercises for Economics | 15% |
| Assignment | Economics Essay | 35% |
| Examination | Final Examination | 50% |
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.
Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.
Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.
Breaches of academic integrity can include:
Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).
Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).
Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.
Using or having access to unauthorised materials in an exam or test.
Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.
ECU's policies and more information about academic integrity can be found on the student academic integrity website.
All commencing ECU students are required to complete the Academic Integrity Module.
In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.
Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.
ECF1110|4|2