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.
This unit provides an overview of economic theory and its inter-relationship, impacts and challenges for the sport and recreation industry. The unit also examines the concepts of supply and demand, pricing, markets and demand assessment relevant to the provision of sport and recreation. Students will be introduced to the processes used to assess the financial health of organisations enabling them to develop the financial management skills required for managing sporting clubs, recreation services, State Sporting Associations and professional sport and recreation organisations.
On completion of this unit students should be able to:
The mode of delivery for this unit is through weekly on campus seminars. The teaching and learning approach in this unit is enhanced through in-class discussions on golbal economic conditions that impact on organisational management and financial decision making. Critical appraisal and the ability to generate ideas are emphasised. This unit also provides for engaged teaching and learning where the students are encouraged to discuss and debate the financial health or illness of various sport and recreation organisations with guest speakers from industry. Successful completion of the unit requires individual assessment items which are assessed for quality academic and professional standards, including written communication (structure, language and conventions), critical analysis (depth of thought, development of argument, logical analysis and insight), depth and breadth of coverage and ability to research effectively using both academic and contemporary sources. Students are also required to undertake periodic in class tests and present a realistic financial plan for a sport or recreation association.
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 Board of Examiners.
Type | Description | Value |
---|---|---|
Assignment | Grant Memo and Application | 25% |
Test | In-class Tests | 30% |
Report | Funding and Finance Report | 45% |
^ Mandatory reference
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.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
SPM2114|1|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.
This unit provides an overview of economic theory and its inter-relationship, impacts and challenges for the sport and recreation industry. The unit also examines the concepts of supply and demand, pricing, markets and demand assessment relevant to the provision of sport and recreation. Students will be introduced to the processes used to assess the financial health of organisations enabling them to develop the financial management skills required for managing sporting clubs, recreation services, State Sporting Associations and professional sport and recreation organisations.
On completion of this unit students should be able to:
The mode of delivery for this unit is through weekly on campus seminars. The teaching and learning approach in this unit is enhanced through in-class discussions on golbal economic conditions that impact on organisational management and financial decision making. Critical appraisal and the ability to generate ideas are emphasised. This unit also provides for engaged teaching and learning where the students are encouraged to discuss and debate the financial health or illness of various sport and recreation organisations with guest speakers from industry. Successful completion of the unit requires individual assessment items which are assessed for quality academic and professional standards, including written communication (structure, language and conventions), critical analysis (depth of thought, development of argument, logical analysis and insight), depth and breadth of coverage and ability to research effectively using both academic and contemporary sources. Students are also required to undertake periodic in class tests and present a realistic financial plan for a sport or recreation association.
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 Board of Examiners.
Type | Description | Value |
---|---|---|
Assignment | Grant Memo and Application | 25% |
Test | In-class Tests | 30% |
Report | Funding and Finance Report | 45% |
^ Mandatory reference
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.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
SPM2114|1|2