Courses & Units

Principles of Economics 2 XPD104



Taken together with XPD102 Principles of Economics 1, XPD104 provides you with a comprehensive introduction to macroeconomic theory and policy, and forms a strong foundation if you are planning to continue your study of economics. The unit introduces a wide range of macroeconomic concepts that can be used to understand business reports; to investigate economic issues in a scientific way; to address issues of real importance to business performance and to communicate information in an effective manner.


Unit name Principles of Economics 2
Unit code XPD104
Credit points 12.5
College/School Academic Division
Discipline University Pathways
Coordinator Barry Hemmings
Available as student elective? No
Delivered By Third Party (UP Education)
Level Introductory


Location Study period Attendance options Available to
Hobart Semester 2 On-Campus International
Hobart Summer school (early) On-Campus International


International students
Domestic students

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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.

Key Dates

Study Period Start date Census date WW date End date
Summer school (early) 8/11/2021 1/1/2022 2/1/2022 20/2/2022
Semester 2 11/7/2022 9/8/2022 29/8/2022 16/10/2022

* 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).

Unit census dates currently displaying for 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021.

About Census Dates

Learning Outcomes

  • Define, measure and interpret key economic concepts.
  • Apply an economic way of thinking to explain simple macroeconomic and global economic events, decisions and actions.
  • Use economic theory and models to: review a range of economic problems faced by consumers, businesses and governments; develop solutions which ensure the well-being of organisations and society; and critically evaluate the use of macroeconomic policies in decision making.
Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
091901 $1,828.00 $1,432.00 not applicable $2,354.00

1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
3 Please refer here for eligibility for HECS-HELP
4 Please refer here for eligibility for FEE-HELP

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to this page to get an indicative course cost.


Concurrent Prerequisites

XPD 102 Principles of Economics 1

Mutual Exclusions

You cannot enrol in this unit as well as the following:



AssessmentWeekly Online Quiz (10%)|Examination (50%)|Weekly Workshop Submissions (15%)|Assignment (25%)
TimetableView the lecture timetable | View the full unit timetable



Required readings will be listed in the unit outline prior to the start of classes.

LinksBooktopia textbook finder

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