Deakin University - MAE101: Economic Principles (Solutions)

This unit introduces foundational concepts in economics that are essential to understanding the economic environment. The tools of analysis developed in the unit provide the foundation for understanding issues such as coordinating people's needs with the world's limited resources, the operation of competitive markets and monopolies, as well as understanding the role and consequences of government policies such as taxes. The unit also introduces students to key macroeconomic indicators such as economic growth, unemployment, inflation and the international sector. It provides insights for evaluating the working and the impacts of monetary and fiscal policy.

✔ At the completion of this unit, successful students can:

• Describe and interpret key microeconomic and macroeconomic concepts and tools, including graphs and basic algebra.

• Apply key microeconomic and macroeconomic concepts and tools to economic questions.

• Obtain and analyse data and/or information related to a real-world issue.

• Critique approaches to economic issues in a global and multiple-perspective context.

UNIT CODE

UNIT NAME

MAA103

Accounting for Decision Making

MAA261

Financial Accounting

MAA262

Management Accounting

MAA363

Corporate Accounting

MAE101

Economic Principles

MAE201

Competition and Industry

MAE203

The Global Economy

MAF101

Fundamentals of Finance

MAF202

Banking and Financial Institutions

MAF203

Business Finance

MAF307

Equities and Investment Analysis

MAF308

Financial Derivatives and Risk Management

MIS171

Business Analytics

MLC101

Law for Commerce

MLC301

Principles of Income Tax Law

MMK101

Marketing Fundamentals

MMM132

Management