Economics - Micro and Macro Theory and Application (J5AX48)

Overview

Master AI & Machine Learning for 50% Off

Go under the hood of AI — neural networks, real-world applications & more. Designed by UNSW experts.

Explore fundamental economic principles through this comprehensive course covering both microeconomic and macroeconomic theory and their real-world applications. Analyze and interpret key economic concepts, principles, and theories at both micro and macro levels while developing the ability to apply these theories to practical situations. Examine how economic principles affect individuals, businesses, and the broader economy, and evaluate the effectiveness and impact of various economic policies using your understanding of core economic concepts. Develop critical thinking skills to analyze economic data and trends, question established economic theories and policies, and cultivate an attitude of curiosity and independent thought when engaging with complex economic issues. Integrate and apply knowledge of microeconomic and macroeconomic theory across various contexts to demonstrate a comprehensive understanding of economics and make informed judgments about economic phenomena.

Syllabus

After successful completion of this course, learners will be able to analyse and interpret key economic concepts, principles and theories, both at the micro and macro level.
Students will be able to apply economic theories to real-world situations, demonstrating an understanding of their implications and effects on individuals, businesses and the wider economy.
Learners will be able to evaluate the effectiveness and impact of different economic policies, using their understanding of economic principles to make informed judgements.
Students will develop critical thinking skills, enabling them to analyse economic data and trends, and to question and challenge established economic theories and policies.
By the end of the course, learners will have cultivated an attitude of curiosity and independent thought, demonstrating the ability to explore and engage with complex economic issues on their own.
Students will be able to integrate and apply their knowledge of micro and macroeconomic theory in a variety of contexts, demonstrating a comprehensive understanding of economics.