Economic Principles

Postgraduate | 2026

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Area/Catalogue
ECON 5001
Course ID icon
Course ID
202523
Level of study
Level of study
Postgraduate
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 the principles, concepts, data and analytical frameworks that economists use to understand the world around us. Students develop an understanding of how the economy works and how individuals, firms and governments make decisions and interact with one another in markets and other environments. The course also focuses on the ability of students to communicate about real-world issues and public policy debates through the lens of economics.

  • Microeconomics I
  • Microeconomics Ii
  • Macroeconomics

Course learning outcomes

  • Demonstrate a knowledge and understanding of the core concepts, models and tools of economics
  • Apply basic economic theory and principles to current economic issues and evaluate related public economic policies
  • Apply economic principles and reasoning to solving business problems, both individually and constructively as part of a team.
  • Interpret information from charts, graphs, and tables to provide critical evaluation and analysis to support decision-making.
  • Communicate economic knowledge, ideas and analysis to diverse audiences, including professionals and non-experts.
  • Critically reflect on the broader social consequences of economic decision making

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A