* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see Withdrawal dates explained for more information).
Principles of Economics 1 is a compulsory unit in the Bachelor of Economics (BEc) and Bachelor of Business (BBus) degrees. It is also a nominated elective in a wide range of other programs throughout the University of Tasmania.
Principles of Economics 1 is the first in a sequence of two foundation level economics units offered by the School of Economics and Finance. Principles of Economics 1 enables students to improve decision making in all domains of their lives, to better understand aspects of the microeconomic policy environment in which they operate and to apply key economic concepts that help managers form successful competitive strategies and run more profitable firms. Taken together with BEA121 Principles of Economics 2, Principles of Economics 1 provides students with a comprehensive introduction to economic theory and policy, and forms a strong foundation for students planning to continue their study of economics.
ASSESSMENT: Internal assessment 40%; Final exam 60%.
TEACHING PATTERN: 1 x 2 hour lecture per week, 1 x 1 hour tutorial per week.
FLEXIBLE & ONLINE STUDY OPTIONS Note: Class attendance may still be required
Web dependent - Y,H,L,W Some parts of this unit will be taught online
Fully online - I,N,O This unit is taught entirely online
Resource supported teaching & learning - I,N,O,Y,H,L,W Additional resources are provided for your optional use; e.g. audio taped lectures
About Flexible Study Options
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Campus - H Hobart, L Launceston, W Burnie. Study Centre - V Sydney, R Rozelle, P Beauty Point. Distance units may also have a campus identifier of I Isolated, N Interstate, O Overseas. Units delivered in Transnational Education (TNE) Programs have a campus identifier of A Hangzhou, F Fuzhou, G Shanghai, K KDU Malaysia, Q Kuwait or Y Hong Kong.