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Unit of Study ECON5001 - Economics and Quantitative Analysis (2022)

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Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

apply microeconomic and macroeconomic theory to understanding the behaviour of consumers, businesses, governments and other organisations

assess the impacts of economic activity on business, society and the natural environment to inform business decisions applying economic tools and concepts

evaluate the likely impacts on business of various macroeconomic considerations and government policy settings in an open economy to inform business decisions

analyse business and economic data and interpret quantitative analysis to inform business decisions using quantitative analytic techniques.