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UNIT CODE: BIS204

INTERNATIONAL BUSINESS ECONOMICS

UNIT DESCRIPTION

This unit provides students with a basic understanding of the economic influences on global business. It offers an introductory treatment of the effects of government policies (in Australia compared to international markets) on market outcomes, consumer and business behavior in competitive markets, and the basic economic concepts used in business analysis and decision-making.  This unit equips students with basic analytical skills to examine the impact of both microeconomic and macroeconomic forces on local and global business conditions and to communicate the results of their analysis in various applied forms.The delivery of the unit will incorporate a range of teaching and learning strategies including: lectures, tutorials, workshops, class discussions, collaborative group activities, student presentations, independent student research and readings.

STUDENT WORKLOAD + DELIVERY MODE

TIMETABLED HOURS

RECOMMENDED PERSONAL HOURS

TOTAL WORKLOAD HOURS

STUDY LOAD

3 Hours per week

5 Hours per week

8 Hours per week

Full time 

MODE OF DELIVERY

This unit will be offered to students in the following mode/s:

+ Face-to-face (Domestic and International) 

+ Online (Domestic)

OVERVIEW

Award Course

Bachelor of Business

Bachelor of Business (Accounting)

Area

Business

Unit Duration

12 Weeks

Weekly Attendance Pattern

1 Hour Lecture + 

2 Hour Tutorial

Unit Level

200

Unit Weighting

6 Credit Points

Unit Type

Core

Pre-Requisites

8 100 level UoC as part of the program progression (or equivalent) 

Co-Requisites

N/A

Work Integrated Learning

No

UNIT LEARNING OUTCOMES

  • Describe and discuss the key fundamentals of economic theory 

  • Evaluate the impact of microeconomics upon business performance 

  • Evaluate the impact of macroeconomics upon the global business environment 

  • Describe and discuss how (local and international) government economic policies affect both the national economy and individual businesses 

  • Critically assess economic information in order to make informed business decisions

ASSESSMENT STRUCTURE

ASSESSMENT TASK

  • Assessment 1: Online Tests (2) (Individual) 

  • Assessment 2: Australian Economy - Presentation and Report (Group) 

  • Assessment 3: Final Exam (Individual) 

  • Assessment 4: Engagement with the Process (Individual) 

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