ECO 10250 Economics for Decision Making

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ECO 10250 Economics for Decision Making:

It is an undergraduate level program. The unit helps the students to comprehend some of the facts like awareness of price formation and the market contours, the tools used for the economic exploration, the attitude of the client, government the firms, and the outside and inside powers which influence the behaviour, particularly when the current Australian economic environments is taken into consideration.

The program includes two sections:

1) Microeconomics

2) Macroeconomics

The learning outcomes of the program include:

Upon successful completion of the program, students will:

• Students become expertise in defining economics as a discrete area and communicate the essential questions investigated within the profession.
• The program helps in applying demanding and supplying analysis to illustrate how rates and production are discerned in various markets.
• The students become mastery in   classifying and describing the microeconomic reform in modern Australia
• Students learn to summarize the crucial determinants of the status of economic exercise in the macro economy and identify the fundamental apparatuses of macroeconomic strategy and characterize their part in the Australian economy
• The students review Australia's achievement in the international economy.

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