Principles of Economics

Undergraduate | 2026

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Area/Catalogue
ECON 1000
Course ID icon
Course ID
202459
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
1
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

This course introduces fundamental microeconomic and macroeconomic principles, enabling students to analyse economic decisions made by individuals, firms, and governments. Students will learn about supply and demand, market structures, GDP, inflation, unemployment, and the impact of government policies. This understanding will equip students with valuable analytical skills applicable to various fields and contribute to their ability to assess economic issues and policies critically.

  • Microeconomics I
  • Microeconomics Ii
  • Macroeconomics

Course learning outcomes

  • Demonstrate knowledge and understanding of core economic concepts, tools and models
  • Apply economic concepts to real world scenarios and use that analysis to make informed judgements and decisions
  • Interpret, analyse and depict economic information in diagrams, tables and graphs
  • Communicate economic knowledge, ideas and analysis, to diverse audiences including professionals and non-experts
  • Reflect on the nature and implications of assumptions and value judgements in economic analysis and policy

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A