econ5014 economics for managers trimester 3, 2016 1 x 3 hours semester this unit does not have a...

Acknowledgement of Country We respectfully acknowledge the Indigenous Elders, custodians, their descendants and kin of this land past and present.

Unit study package code: ECON5014

Mode of study: Internal

Tuition pattern summary: Note: For any specific variations to this tuition pattern and for precise information refer to the Learning Activities section.

Seminar: 1 x 3 Hours Semester

This unit does not have a fieldwork component.

Credit Value: 25.0

Pre-requisite units: Nil

Co-requisite units: Nil

Anti-requisite units: 5697 (v.0) Economic Analysis and Asian Economies 550 or any previous version AND ECON5013 (v.0) Economic Analysis and Asian Economies or any previous version

Result type: Grade/Mark

Approved incidental fees: Information about approved incidental fees can be obtained from our website. Visit fees.curtin.edu.au/incidental_fees.cfm for details.

Unit coordinator: Title: DrName: Tom HoughtonPhone: (0)8 9266 3236Email: [email protected]: Building: P01 - Room: 309

Teaching Staff: Name: John KarasinskiPhone: 08 9266 1205Email: [email protected]: Building: P01 - Room: NA

Administrative contact: Name: Margot Stacy JavilloPhone: 08 9266 1205Email: [email protected]: Building: P01 - Room: 116B

Learning Management System: Blackboard (lms.curtin.edu.au)

Unit Outline

ECON5014 Economics for Managers Trimester 3, 2016

Curtin Business School (CBS) Curtin Graduate School of Business

ECON5014 Economics for Managers Perth City Campus 10 Aug 2016 Curtin Graduate School of Business, Curtin Business School (CBS)

Page: 1 of 12CRICOS Provider Code 00301J

The only authoritative version of this Unit Outline is to be found online in OASIS

http://fees.curtin.edu.au/incidental_fees.cfm

http://lms.curtin.edu.au/

Syllabus Students who successfully complete this unit will be able to apply economic theory in the analysis and critique of business decisions and government policy, discuss sources of business cycle fluctuations and critique various stabilisation alternatives, access and interpret current economic statistics and debate key economic and political aspects of globalisation.

Introduction Students who successfully complete this unit will be able to apply economic theory in the analysis and critique of business decisions and government policy, discuss sources of macroeconomic fluctuations and provide critiques of various stabilisation alternatives, access and interpret current economic statistics and debate key economic and political aspects of globalisation.

Unit Learning Outcomes All graduates of Curtin University achieve a set of nine graduate attributes during their course of study. These tell an employer that, through your studies, you have acquired discipline knowledge and a range of other skills and attributes which employers say would be useful in a professional setting. Each unit in your course addresses the graduate attributes through a clearly identified set of learning outcomes. They form a vital part in the process referred to as assurance of learning. The learning outcomes tell you what you are expected to know, understand or be able to do in order to be successful in this unit. Each assessment for this unit is carefully designed to test your achievement of one or more of the unit learning outcomes. On successfully completing all of the assessments you will have achieved all of these learning outcomes.

Your course has been designed so that on graduating we can say you will have achieved all of Curtin's Graduate Attributes through the assurance of learning process in each unit.

Curtin's Graduate Attributes

Learning Activities Students undertaking this unit will undertake the following activities:

On successful completion of this unit students can:Graduate Attributes addressed

1 Critically evaluate economic information and policy through the application of key theoretical models which underlie contemporary economic analysis

2 Formulate critical policy questions for research, analysis and evaluation drawing on established theory and using publicity accessible economic data, commentary and academic literature

3 Communicate and effectively interpret economic information and arguments in a manner appropriate to the audience

4 Investigate and analyse the importance of economic institutions in a country other than Australia and critically evaluate their implications for economic policy and business practises

Apply discipline knowledge Thinking skills (use analytical skills to solve problems)

Information skills (confidence to investigate new ideas)

Communication skills Technology skillsLearning how to learn (apply principles learnt to new situations) (confidence to tackle unfamiliar problems)

International perspective (value the perspectives of others)

Cultural understanding (value the perspectives of others)

Professional Skills (work independently and as a team) (plan own work)

Find out more about Curtin's Graduate attributes at the Office of Teaching & Learning website: ctl.curtin.edu.au





http://ctl.curtin.edu.au/

l attend and actively participate in weekly lectures; l self study through the reading of scholarly articles, text book chapters and online resources; l class discussion forums and presentations on specific topics; and l individual written work on key issues of economic theory and policy.

Learning Resources Essential texts

The required textbook(s) for this unit are:

l Stiglitz, Joseph E, Carl E Walsh, Jeff Gow, Ross Guest, Bill Richmond and Max Tani (2015) Principles of Economics, Second Australian Edition, Wiley. E-text details are given below but the book is also available in a print version with an ISBN of 9780730319856. The e-book and print versions are equally acceptable.

(ISBN/ISSN: 9780730319856)

Online resources

l Stiglitz, Joseph E, Carl E Walsh, Jeff Gow, Ross Guest, Bill Richmond and Max Tani (2015) Principles of Economics, Second Australian Edition, Wiley. E-text details are given below but the book is also available in a print version with an ISBN of 9780730319856. The e-book and print versions are equally acceptable.

(http://www.wileydirect.com.au/e-texts/)

(ISBN/ISSN: 9780730319856)

Other resources

International Organisations & sources of statistical information

l World Bank http://www.worldbank.org/data/ [for statistics]and http://www.worldbank.org/ l International Monetary Fund (IMF) http://www.imf.org/ l World Trade Organisation (WTO) http://www.wto.org/ l Organisation for Economic Co-operation and Development (OECD) http://www.oecd.org & OECD Statistics

http://www.oecd.org/document/15/0,2340,en_2649_201185_1873295_1_1_1_1,00.html l International Labour Organisation (ILO) http://www.ilo.org/ l Organisation of the Petroleum Exporting Countries http://www.opec.org/home/ l United Nations Industrial Development Organisation: http://www.unido.org/ l European Bank for Reconstruction and Development (EBRD) http://www.ebrd.com/ l North American Free Trade Agreement Secretariat (NAFTA) http://www.nafta-sec-

alena.org/DefaultSite/index_e.aspx l Association of Southeast Asian Nations (ASEAN) http://www.aseansec.org/ l Asia-Pacific Economic Cooperation (APEC) http://www.apec.org/ l Committee for the Economic Development of Australia (CEDA) http://www.ceda.com.au l Central Intelligence Agency http://www.cia.gov/cia/publications/factbook/ & CIA world statistics site

http://www.odci.gov/cia/publications/factbook/index.html l EconLinks http://www.ncat.edu/~simkinss/econlinks.html l World Economic Outlook Database (IMF) http://www.imf.org/external/pubind.htm l Economist Country Briefings http://www.economist.com/countries/ l Official Statistics on the Web http://www.library.auckland.ac.nz/subjects/stats/offstats/

Some key central banks

l Reserve Bank of Australia: www.rba.gov.au l European Central Bank: http://www.ecb.int l Bank of England: www.bankofengland.co.uk l US Federal Reserve Bank: www.federalreserve.gov





http://www.wileydirect.com.au/e-texts/

http://www.worldbank.org/data/

http://www.worldbank.org/

http://www.imf.org/

http://www.wto.org/

http://www.oecd.org/

http://www.oecd.org/document/15/0,2340,en_2649_201185_1873295_1_1_1_1,00.html%20

http://www.ilo.org/

http://www.opec.org/home/

http://www.unido.org/

http://www.ebrd.com/

http://www.nafta-sec-alena.org/DefaultSite/index_e.aspx

http://www.nafta-sec-alena.org/DefaultSite/index_e.aspx

http://www.aseansec.org/

http://www.apec.org/

http://www.ceda.com.au/

http://www.cia.gov/cia/publications/factbook/

http://www.odci.gov/cia/publications/factbook/index.html

http://www.ncat.edu/~simkinss/econlinks.html

http://www.imf.org/external/pubind.htm

http://www.economist.com/countries/

http://www.library.auckland.ac.nz/subjects/stats/offstats/%20

http://www.rba.gov.au/

http://www.ecb.int/

http://www.bankofengland.co.uk/

http://www.federalreserve.gov/

Useful Australian sites

l The Australian Department of the Treasury: www.treasury.gov.au l WA Department of Treasury and Finance www.dtf.wa.gov.au l Australian Competition and Consumer Commission (ACCC): www.accc.gov.au l National Competition Council: www.ncc.gov.au l Economic Regulation Authority http://www.era.wa.gov.au/ l Australian Department of Foreign Affairs and Trade.

www.dfat.gov.au & Country information http://www.dfat.gov.au/geo/ l Business Council of Australia (BCA): www.bca.com.au l Australian Chamber of Commerce and Industry (ACCI): www.acci.asn.au l Chamber of Commerce and Industry of Western Australia: www.cciwa.com l Australian Council of Trade Unions (ACTU): www.actu.asn.au l Parliamentary Library Publications: www.aph.gov.au/library/pubs

Assessment Assessment schedule

Detailed information on assessment tasks

1. Contemporary Economic Analysis: Group Assessment and Presentation (30%)

Word limit: 1,500 words

Effective business leaders regularly contribute to public debates on key economic policy matters. To effectively engage in debate you require some understanding of the topic being debated as well as an understanding of the tools and the language of economic analysis and reasoning. The aim of this exercise is to develop these skills by critically analysing a contemporary business/economic news article.

You will be placed into groups of three to five students to undertake this two (2) part submission. The first part which is worth 20 Marks requires you to select an appropriate business news article published in the current teaching period and to critically analyse the article using the economic theory and tools learnt in this course. Your group will be required to submit a formal written assignment which must contain relevant diagrams, charts, used in your critical economic analysis. As this is a formal submission your paper must conform to the conventional essay writing and presentation standards, including references.

The second part of this assignment which is worth 10 Marks requires your Group to give a Group (PowerPoint) Presentation to the entire class. The presentation will be limited to no more than 8 slides and 10 minutes duration, with the first slide containing the names of the Group members (and a group name if applicable);

Task Value % Date DueUnit Learning Outcome(s)

Assessed

1

Contemporary Analysis 30 percent Week: Week 6 (oral) Week 7 (written) Day: Monday Time: 17.30 (in class) 23.59 (written analysis)

1,2,3

2Case Study 45 percent Week: Week 11

Day: Monday Time: 23:59

2,3,4

3

Test 25 percent Week: Weeks 12 and 13 Day: Friday Time: From 17:00 Friday Week 12 to 17:00 Friday Week 13

1,2,4





http://www.treasury.gov.au/

http://www.dtf.wa.gov.au/

http://www.dtf.wa.gov.au/

http://www.accc.gov.au/

http://www.ncc.gov.au/

http://www.era.wa.gov.au/

http://www.dfat.gov.au/

http://www.bca.com.au/

http://www.acci.asn.au/

http://www.cciwa.com/

http://www.actu.asn.au/

http://www.aph.gov.au/library/pubs

the second slide must show your news article as a screen dump. The remaining six (6) slides will detail the group’s economic analysis which is contained in the first part of this two part activity.

Each member of the group is required to actively participate in giving a verbal presentation. How the group organises and manages the presentation is entirely a group decision. For instance, your group may have a Chair and two speakers arranged as a debate or speakers in consecutive order.

Please note, a hard copy of the Group’s PowerPoint presentation is required to be submitted for assessment along with the group essay. Students are required to bring the assessments to class as well as upload them to Blackboard.

Each group member will receive an individual mark for their contribution to the class presentation and receive the group mark for the written material.

You will find appropriate articles in the daily newspapers as well as in more dedicated economic/business journals such as The Economist magazine. Factiva, an electronic database system available through the Curtin Library link, allows you to search for newspaper articles on specific topics. Requirements

The contemporary article analysis is comprised of a written paper of no more than 1500 words. The article must be recent; i.e. it must be sourced from financial and business journals published during the current teaching period and relevant to microeconomic issues. The Economist magazine and the Australian Financial Review are good places to start, but don’t restrict yourself to these newspapers if you come across something else.

In preparing your business article critique you should:

1. Provide a brief discussion of the article drawing attention to the three most important issues contained within the article (bullet points may be used to facilitate this). Do not provide a lengthy summary of the article.

2. Draw attention to the underlying theoretical concepts which are relevant to the article (even if, as is typically the case, the theory is not explicitly stated in it). You should also analyse related theory issues (i.e. how this theory relates to the wider body of theory).

3. Draw attention to the related policy issues (e.g. what government policy is or should be) and debate around the issue.

4. Provide a critique if the article contains economic inconsistencies / ignores important economic policy problems or issues, or is inconsistent with economic theory. Relate this critique to the substance of the article, not to issues of written expression, layout etc.

5. The article should be properly referenced at the end of the paper and include a copy of or an e-link to the article. Remember to use the Chicago referencing style. Difference between an economic analysis and an economic description

There is a substantial difference between economic analysis and economic description. An economic description can be read in any daily newspaper or the net, because, at best it describes an economic activity such as the Greek Financial Crisis or Spanish unemployment. A description lacks a theoretical economic basis. An economic analysis contains a theoretical basis.

Hint: you will frequently find more than one source commenting on a similar issue. To enhance your understanding of the issue at hand you may choose to ‘follow’ a topic or source multiple articles on the same topic from the financial and business press / journals. Remember, however, to only select one article for discussion (even if you have managed to source, say, six different pieces on the same subject).

Assessment criteria for assessment 1 are available in Blackboard under My Grades, View Rubric.

2. International Case Study Report (45%)

Word Limit: 2,500 words (see below for further specifications)

The unit planner and study guide contains the due date for this assessment.

You are to choose a major policy dilemma facing a country other than Australia and prepare a report which will be used as a policy briefing paper by a senior decision maker in either government (e.g. a government minister or senior official) or business (e.g. the CEO of a board).





Your report should include the following elements:

l A one page executive summary at the beginning of your paper. l A clear introduction setting out the context and purpose of your report, including the intended

recipients to whom it is being distributed. l A clear, focused question specifying the policy dilemma to be addressed in your report. This should

demonstrate your understanding that a ‘dilemma’ is a situation in which all available options are associated with potential disadvantages. That is, dilemmas do not have ‘costless’ solutions.

l The identification and use of key sources of data and evidence relevant to understanding the dilemma and its implications.

l An analysis of the data which utilises appropriate economic theory to gain insights and assess the costs and benefits of the different options available to the senior decision maker. Part of this analysis should include consideration of the individuals or groups likely to bear the identified costs and benefits of the available options.

l A conclusion that includes recommendations to address the policy dilemma.

Your report should observe all appropriate conventions for academic writing, including correct referencing. You are welcome to use charts and tables as visual aids but if you do so, they should be integrated into the discussion of evidence and/or analysis of your report.

The executive summary should not be included in the 2,500 word count. Appendices may be attached to your paper – but they will not be considered for assessment purposes (i.e. will not be marked!).

Hint: The due date for this assignment falls at a very busy time in the trimester. You should start thinking about your topic very early on in the trimester and commence research early. It is not wise to leave your research for this paper near to the due date for the paper.

International Case Study Marking Criteria

Assessment criteria for assessment 2 are available in Blackboard under My Grades, View Rubric.

3.

Assessment 3: online Test (25%) This test will be administered in an online format. The test will go for two hours with an additional ten minutes reading time. Students will be able to login and complete the test in one continuous attempt at a time of their choice between 17:00 on Friday of week 12 and 17:00 on Friday of week 13. Students will not be able to sit the test at a later date and will essentially forfeit their grade for this assessment if it is not completed by the due date and time. PLEASE MAKE ARRANGEMENTS NOW IN ORDER TO BE AVAILABLE FOR THIS TEST. Details on the test including its structure and the topics examined will be provided in your lectures.

There is no rubric for this assessment.

Pass requirements

All assessment tasks must be attempted and students must achieve an overall grade of 50 per cent or more to successfully 'pass' the unit.

Fair assessment through moderation

Moderation describes a quality assurance process to ensure that assessments are appropriate to the learning outcomes, and that student work is evaluated consistently by assessors. Minimum standards for the moderation of assessment are described in the Assessment and Student Progression Manual, available from policies.curtin.edu.au/policies/teachingandlearning.cfm





http://policies.curtin.edu.au/policies/teachingandlearning.cfm

Late assessment policy

This ensures that the requirements for submission of assignments and other work to be assessed are fair, transparent, equitable, and that penalties are consistently applied.

1. All assessments students are required to submit will have a due date and time specified on this Unit Outline. 2. Students will be penalised by a deduction of ten percent per calendar day for a late assessment submission

(eg a mark equivalent to 10% of the total allocated for the assessment will be deducted from the marked value for every day that the assessment is late). This means that an assessment worth 20 marks will have two marks deducted per calendar day late. Hence if it was handed in three calendar days late and given a mark of 16/20, the student would receive 10/20. An assessment more than seven calendar days overdue will not be marked and will receive a mark of 0.

Assessment extension

A student unable to complete an assessment task by/on the original published date/time (eg examinations, tests) or due date/time (eg assignments) must apply for an assessment extension using the Assessment Extension form (available from the Forms page at students.curtin.edu.au/administration/) as prescribed by the Academic Registrar. It is the responsibility of the student to demonstrate and provide evidence for exceptional circumstances beyond the student's control that prevent them from completing/submitting the assessment task.

The student will be expected to lodge the form and supporting documentation with the unit coordinator before the assessment date/time or due date/time. An application may be accepted up to five working days after the date or due date of the assessment task where the student is able to provide an acceptable explanation as to why he or she was not able to submit the application prior to the assessment date. An application for an assessment extension will not be accepted after the date of the Board of Examiners' meeting.

Deferred assessments

Supplementary assessments

Supplementary assessments are not available in this unit.

Reasonable adjustments for students with disabilities/health circumstances likely to impact on studies

A Curtin Access Plan (CAP) is a document that outlines the type and level of support required by a student with a disability or health condition to have equitable access to their studies at Curtin. This support can include alternative exam or test arrangements, study materials in accessible formats, access to Curtin’s facilities and services or other support as discussed with an advisor from Disability Services (disability.curtin.edu.au). Documentation is required from your treating Health Professional to confirm your health circumstances.

If you think you may be eligible for a CAP, please contact Disability Services. If you already have a CAP please provide it to the Unit Coordinator at the beginning of each semester.

Referencing style

The referencing style for this unit is Chicago.

More information can be found on this style from the Library web site: http://libguides.library.curtin.edu.au/referencing.

Copyright © Curtin University. The course material for this unit is provided to you for your own research and study only. It is subject to copyright. It is a copyright infringement to make this material available on third party websites.

If your results show that you have been granted a deferred assessment you should immediately check OASIS for details.





http://students.curtin.edu.au/administration/

http://life.curtin.edu.au/health-and-wellbeing/CAP.htm

http://life.curtin.edu.au/health-and-wellbeing/disability_services.htm

http://life.curtin.edu.au/health-and-wellbeing/disablity_services_eligibility.htm#/health-and-wellbeing/10126.htm

http://life.curtin.edu.au/health-and-wellbeing/contact_disability_services.htm

http://libguides.library.curtin.edu.au/referencing

Academic Integrity (including plagiarism and cheating) Any conduct by a student that is dishonest or unfair in connection with any academic work is considered to be academic misconduct. Plagiarism and cheating are serious offences that will be investigated and may result in penalties such as reduced or zero grades, annulled units or even termination from the course.

Plagiarism occurs when work or property of another person is presented as one's own, without appropriate acknowledgement or referencing. Submitting work which has been produced by someone else (e.g. allowing or contracting another person to do the work for which you claim authorship) is also plagiarism. Submitted work is subjected to a plagiarism detection process, which may include the use of text matching systems or interviews with students to determine authorship.

Cheating includes (but is not limited to) asking or paying someone to complete an assessment task for you or any use of unauthorised materials or assistance during an examination or test.

From Semester 1, 2016, all incoming coursework students are required to complete Curtin’s Academic Integrity Program (AIP). If a student does not pass the program by the end of their first study period of enrolment at Curtin, their marks will be withheld until they pass. More information about the AIP can be found at: https://academicintegrity.curtin.edu.au/students/AIP.cfm

Refer to the Academic Integrity tab in Blackboard or academicintegrity.curtin.edu.au for more information, including student guidelines for avoiding plagiarism.

Information and Communications Technology (ICT) Expectations Curtin students are expected to have reliable internet access in order to connect to OASIS email and learning systems such as Blackboard and Library Services.

You may also require a computer or mobile device for preparing and submitting your work.

For general ICT assistance, in the first instance please contact OASIS Student Support: oasisapps.curtin.edu.au/help/general/support.cfm

For specific assistance with any of the items listed below, please contact The Learning Centre: life.curtin.edu.au/learning-support/learning_centre.htm

l Using Blackboard, the I Drive and Back-Up files l Introduction to PowerPoint, Word and Excel





https://academicintegrity.curtin.edu.au/students/AIP.cfm

http://academicintegrity.curtin.edu.au/

https://oasisapps.curtin.edu.au/help/general/support.cfm

http://life.curtin.edu.au/learning-support/learning_centre.htm

Additional information

Online Supplementation of this unit This unit is supplemented in Blackboard, a web-based learning environment that is to be used in conjunction with face to face delivery of the unit. If you are new to online environment, we encourage you to look at the CBS Online section of the website at http://business.curtin.edu.au/schools/cgsb/current_students/studying_online/index.cfm

This website provides useful information about Blackboard. Should you require assistance of any kind, please make sure you direct your queries to the appropriate area in order to get the result you need quickly. For content-related issues, contact your Lecturer. For technical issues relating to your online unit, please fill in the online help form available from the above website.

Access to your online unit on Blackboard will become available once the study period has started. It is recommended that you access your online Blackboard unit through OASIS, your student portal at Curtin. You will find the Blackboard option located under the ‘My Studies’ tab. You can also use the direct link: http://www.lms.curtin.edu.au/ . Should you choose to use this link, you will need to use your login and password which are exactly the same as for OASIS. If you have not activated your OASIS logon, please go to http://www.oasis.curtin.edu.au and follow the prompts. If you are a new student, please note that to activate OASIS logon you have to know your student number, which is to be found on your letter of offer.

Scheduled CITS outages

Scheduled Maintenance occurs when Curtin Information Technology Services (CITS) takes one or more University systems offline for up to 12 hours to complete routine repairs. During these Scheduled Maintenance windows major maintenance may take place and may affect multiple systems. You should plan for limited or no access to Curtin systems and network, including the possible absence of internet connectivity.

You will be notified two weeks prior to the Scheduled Maintenance window with a detailed list of affected IT services and their associated outage windows. Notices about scheduled maintenance periods are posted in OASIS and will indicate which systems will be affected. When Blackboard is affected specifically, notices about upcoming outages will also be posted on the Blackboard login page. Please pay attention to these notices as they will affect your access to the system (thus your assessment submission!).

You may also refer to the following link for updates on maintenance work (scroll to the bottom of the screen for “Blackboard Maintenance”): http://cits.curtin.edu.au/support/scheduled_maintenance_service_availability.cfm

Submission of all Written Assignments through Turnitin

The majority of your written assessments will be submitted through Turnitin via Blackboard. Submission upload links are located in the ‘Assessment’ section on Blackboard within their respective assessment ‘folder’ (in most units). You will also be given the option to upload a draft of each assessment to Turnitin prior to your final submission. If you choose to upload a draft (referred to in Turnitin as a “Revision”), Turnitin will generate an Originality Report to help you pinpoint any referencing issues. Make good use of this feedback to improve your writing before uploading your final submission.

If you require further information about how to reference correctly, please visit the Library website ( http://libguides.library.curtin.edu.au/content.php?pid=141214), book in to a Library workshop, or access the online Referencing module in the SUCCESS for CGSB Students Blackboard site (a link to the SUCCESS site appears alongside the other Blackboard sites you have access to).

Assessment Guidelines

Marks for each assignment are posted into the Blackboard Grade Centre which is the University’s official repository for all grades. Whilst Grade Centre access is restricted to Curtin staff only (UC, Lecturers and LMS support personnel), students can view their grades via My Grades. The My Grades option is accessible off the main menu in all CGSB Blackboard units.

This policy, taken from the University’s Assessment and Student Progression Policy, ensures requirements for submission of assignments (and other work) to be assessed are fair, transparent, equitable and that penalties are





http://business.curtin.edu.au/schools/cgsb/current_students/studying_online/index.cfm

http://www.lms.curtin.edu.au/

http://www.oasis.curtin.edu.au/

http://cits.curtin.edu.au/support/scheduled_maintenance_service_availability.cfm

http://libguides.library.curtin.edu.au/content.php?pid=141214

consistently applied.

Referencing Style

Students must use the Chicago author-date 16th edition referencing style when preparing assignments. More information can be found on this style from the Curtin Library website: http://libguides.library.curtin.edu.au/referencing

When using EndNote, the style system that should be used is Chicago 16th B Curtin.

Important Information for Students:

Please read the Current Students section of the CGSB website (http://business.curtin.edu.au/schools/cgsb/current_students/index.cfm) for further information on the following:

l unit availability l timetables l re-enrolment procedures l fee information l the CGSB Alumni Chapter, and l Emergency Procedures

Any enquiries concerning your enrolment can be sent to [email protected]

Enrolment

It is your responsibility to ensure that your enrolment is correct - you can check your enrolment through the eStudent option on OASIS, where you can also print an Enrolment Advice.

Student Rights and Responsibilities It is the responsibility of every student to be aware of all relevant legislation, policies and procedures relating to their rights and responsibilities as a student. These include:

l the Student Charter l the University's Guiding Ethical Principles l the University's policy and statements on plagiarism and academic integrity l copyright principles and responsibilities l the University's policies on appropriate use of software and computer facilities

Information on all these things is available through the University's "Student Rights and Responsibilities" website at: students.curtin.edu.au/rights.

Student Equity There are a number of factors that might disadvantage some students from participating in their studies or assessments to the best of their ability, under standard conditions. These factors may include a disability or medical condition (e.g. mental illness, chronic illness, physical or sensory disability, learning disability), significant family responsibilities, pregnancy, religious practices, living in a remote location or another reason. If you believe you may be unfairly disadvantaged on these or other grounds please contact Student Equity at [email protected] or go to http://eesj.curtin.edu.au/student_equity/index.cfm for more information

You can also contact Counselling and Disability services: http://www.disability.curtin.edu.au or the Multi-faith services: http://life.curtin.edu.au/health-and-wellbeing/about_multifaith_services.htm for further information.

It is important to note that the staff of the university may not be able to meet your needs if they are not informed of your individual circumstances so please get in touch with the appropriate service if you require assistance. For general wellbeing concerns or advice please contact Curtin's Student Wellbeing Advisory Service at: http://life.curtin.edu.au/health-and-wellbeing/student_wellbeing_service.htm





http://libguides.library.curtin.edu.au/referencing

http://business.curtin.edu.au/schools/cgsb/current_students/index.cfm

mailto:[email protected]

http://students.curtin.edu.au/rights/

mailto:[email protected]

http://eesj.curtin.edu.au/student_equity/index.cfm

http://www.disability.curtin.edu.au/

http://life.curtin.edu.au/health-and-wellbeing/about_multifaith_services.htm

http://life.curtin.edu.au/health-and-wellbeing/student_wellbeing_service.htm

Recent unit changes Students are encouraged to provide unit feedback through eVALUate, Curtin's online student feedback system. For more information about eVALUate, please refer to evaluate.curtin.edu.au/info/.

Recent changes to this unit include:

l Change of textbook to ensure contemporary analysis l Rearranged the order of course material to be consistent with new textbook and to accommodate student

requests to cover international material earlier in the trimester l Clearer delineation of accountable reading requirements for unit l Revised assessment tasks aligned with unit learning outcomes

To view previous student feedback about this unit, search for the Unit Summary Report at https://evaluate.curtin.edu.au/student/unit_search.cfm. See https://evaluate.curtin.edu.au/info/dates.cfm to find out when you can eVALUate this unit.





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Program calendar

Module Week Beginning

Topic Required reading

Due Dates

22 Aug Orientation at CGSB Wednesday 24 Aug

Unit Outline Orientation recommended for new students

1 29 Aug Introduction to Economics

Ch 1 Activity: Please complete your introduction in your student journal and contribute to Discussion Board on your aims for this unit by Sunday 4 September.

2 5 Sep Part One: Demand, Supply and Elasticity

Part Two: Consuming and Producing

Ch 2, 3 and 4

3 12 Sep Part 1: The Competitive Firm

Part 2: Market Structures

Ch 5 and 7

4 19 Sep Market Structures (continued)

Ch 6 and 8

5 26 Sep Externalities, public goods and the public sector

Ch 9 Important note: owing to the public holiday on Monday class will take place on Friday 30 September. The exact timing for the class will be agreed with your lecturer at the start of the trimester.

6 3 Oct Business Analysis Presentations, no formal lecture

Assessment 1: Business Analysis presentations in class on Monday 3 October and written analysis due 23:59 on Monday 10 October

7 10 Oct Macroeconomic issues and economic growth

Ch 10 and 11 Remember: written analysis due 23:59 on Monday 10 October

8 17 Oct Business cycles and Aggregate Demand

Ch 12 and 13

9 24 Oct International Trade Ch 17

10 31 Oct International Finance Ch 18

11 7 Nov Macroeconomic policy (1)

Ch 13 and 14 Assessment 2: International Case Study due 23.59 on Monday 7 November

12 14 Nov Macroeconomic policy (2)

Ch 15 and 16

13 21 Nov End of trimester test Assessment 3: Online test, 2 hours plus 10 minutes reading time. Students can login and complete the test in one continuous attempt at a time of their choice between 17:00 on Friday 18 Nov and 17:00 on Friday 25 Nov.





econ5014 economics for managers trimester 3, 2016 1 x 3 hours semester this unit does not have a...

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