Economics units

University of Tasmania
Economics Units - 1996


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Economics - Department of Economics at Hobart.

The units which follow have been designed to provide training for those who wish to pursue a career in economics and for those who wish to take economics to support their studies in a related subject area or in another discipline.

Students who are enrolled in a Humanities, Social Science, Science or a similar course, and who wish to be introduced to the 'economic way of thinking', should take the two first-year Principles of Economics units (BEA100 and BEA120). Besides introducing students to the core principles of economics, they clarify their connection with other disciplines and provide an economic context for issues covered by these disciplines. There are no specific TCE prerequisites.

Students wanting to become professional economists, should enrol in the Bachelor of Economics and take the units specified in option 1 of the 'Sample of BEc degree options' which can be found in the Course details section of this handbook. The fourth-year Honours course provides an advanced understanding of the core economic units, and the opportunity to carry out supervised research into an issue concerning some aspect of the Australian economy. Students who have carried out studies in a specified group of third-year economic units with sufficient distinction may be permitted to enrol in the Honours course.

Students seeking to gain an Economics degree, with a profound understanding of economic principles, while pursuing a major, either in a related area such as Marketing, or another discipline such as Computer Science, Political Science, Sociology or a foreign language, should take the economic units specified in option 2 of the 'Sample of BEc degree options'.

Where they have to select an elective, students are encouraged to discuss their proposed studies with the course adviser before making a final choice.


BEA100 Principles of Economics 1

Examines the ways in which markets allocate resources to various activities (how price signalling works in the free enterprise sector of the market); and the problems of a market system and the reasons for the government's promoting competition (e.g. Trade Practices Act) and providing services directly (e.g. their ownership of the electricity industry). With the help of current examples, the unit develops an understanding of the role of law and property rights, the political debate over privatisation, and various opinions concerning the environment and pollution.

Special notes
teaching staff
campus & mode Hbt, int, Ltn, int & dist.ed
unit weight [12.5%(BAvnStud 8.7%, BSc 3pts)]
teaching pattern sem 1 - 2 lectures and a tutorial a week
prerequisites
corequisites
mutual exclusions
method of assessment continuous assessment (20%), final exam (80%).
required texts, etc
recommended reading
Course: Bachelor of Agricultural Science (S3A)
Bachelor of Aviation Studies (S3J)
Bachelor of Commerce (C3C)
Bachelor of Economics (C3E)
Bachelor of Commerce-Bachelor of Applied Science combined degree (C3A)
Bachelor of Commerce-Bachelor of Computing (C3F)
Bachelor of Commerce-Bachelor of Arts
Bachelor of Economics-Bachelor of Computing (C3G)

Bachelor of Economics-Bachelor of Arts (C3J)
Staff of the Department of Economics
To return to Units Contents Page
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© University of Tasmania, 1996.
Details shown above were correct at the time of publication. While every effort is made to keep this information up to date, the University reserves the right to discontinue or vary courses at any time without notice.



BEA120 Principles of Economics 2

Moves from the analysis of economic issues facing specific sectors of society studied in BEA100 to those confronting the nation as a whole; and addresses the macroeconomic questions of: unemployment; inflation; the balance of payments and the exchange rate; and the level of savings and investment. Because these issues affect the decisions of every individual and business and every level of government, those who make decisions need an understanding of the relationships involved. To this end, the unit explores critically various theories on the relationships between national output, government expenditure, interest rates and money and credit. Students learn to analyse the ways in which government activity and market forces interact and to understand why there are different views on how the government can best manage the economy.

Special notes
teaching staff
campus & mode Hbt, int, Ltn, int & dist.ed
unit weight [12.5% (BAvnStud 8.7%)]
teaching pattern sem 2 - 2 lectures and a tutorial a week
prerequisites
corequisites
mutual exclusions
method of assessment continuous assessment (20%), final exam (80%).
required texts, etc
recommended reading
Course: Bachelor of Aviation Studies (S3J)
Bachelor of Commerce (C3C)
Bachelor of Economics (C3E)
Bachelor of Commerce-Bachelor of Applied Science combined degree (C3A)
Bachelor fo Commerce-Bachelor of Applied Computing (C3D)
Bachelor of Commerce-Bachelor of Computing (C3F)
Bachelor of Commerce-Bachelor of Arts
Bachelor of Economics-Bachelor of Computing (C3G)

Bachelor of Economics-Bachelor of Arts (C3J)
Staff of the Department of Economics
To return to Units Contents Page
To return to Handbooks Home Page

© University of Tasmania, 1996.
Details shown above were correct at the time of publication. While every effort is made to keep this information up to date, the University reserves the right to discontinue or vary courses at any time without notice.



BEA140 Quantitative Methods 1

Develops the quantitative analytical skills needed for the study of and professional practice in commerce, economics, management and marketing. The primary emphasis is on understanding the statistical methods used widely in these disciplines, with a consequent enhancement of numeracy skills and an ability to use both formulae and quantitative computer packages. Students develop the essential quantitative analytical ability to solve empirical problems in commerce, economics, management and marketing.

Special notes
teaching staff
campus & mode Hbt, int, Ltn, int & dist.ed
unit weight [12.5% (BAvnStud 8.7%)]
teaching pattern sem 2 - 2 lectures and a tutorial a week
prerequisites TCE Mathematics Applied (MT730)
corequisites
mutual exclusions
method of assessment continuous assessment (30%), final exam (70%). Note: at the time of publication it was not possible to indicate the semester in which the following units are to be offered. For details of availability, contact the Department of Economics.
required texts, etc
recommended reading
Course: Bachelor of Aviation Studies (S3J)
Bachelor of Computing (S3H)
Bachelor of Commerce (C3C)
Bachelor of Economics (C3E)
Bachelor fo Commerce-Bachelor of Applied Computing (C3D)
Bachelor of Commerce-Bachelor of Computing (C3F)
Bachelor of Commerce-Bachelor of Applied Science combined degree (C3A)
Bachelor of Commerce-Bachelor of Arts

Bachelor of Economics-Bachelor of Arts (C3J)
Staff of the Department of Economics
To return to Units Contents Page
To return to Handbooks Home Page

© University of Tasmania, 1996.
Details shown above were correct at the time of publication. While every effort is made to keep this information up to date, the University reserves the right to discontinue or vary courses at any time without notice.

To continue with Economics units BEA2-