23566 Economics for Business 26cp
Requisite(s): ((23115 Economics for Business OR 25115 Economics for Business) AND Completionof subject 26100 Integrating Business Perspectivesc Completion of subject 26100 Integrating Business Perspectives )
The lower case 'c' after the subject code indicates that the subject is a corequisite. See definitions for details.
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 25555 Macroeconomics: Theory and Applications AND 25566 Economics for Business 2
This subject extends the foundational treatment received in 23115 Economics for Business by analysing the decisions that lie behind the demand and supply curves in markets, and the forces that affect aggregate demand and aggregate supply curves of the economy. The subject examines a number of core issues in economics such as: how firms choose their production levels and how their decisions are affected by the market conditions, how consumers choose between alternative combinations of goods and services, how government conducts fiscal and monetary policy and which forces affect the long-run economic growth of a country. The subject also equips students with the basic quantitative skills needed to examine these questions.
Detailed subject description.