Economies and Markets

Economics

A study of how economies and markets operate at both microeconomic and macroeconomic levels.

NZ$968

inc GST

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This course starts anytime

(15 Credits)


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Explain basic principles of economics and models of economic analysis

Students will be able to describe core concepts and frameworks that underpin economic activity and analysis.

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Identify economic principles in decision-making

Students will learn how economic concepts influence the decisions of individuals, businesses, governments, and society.

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Understand international trade in New Zealand

Students will explain the importance and functioning of imports and exports as they apply to the local context.

What You're Signing Up For

Economies and Markets (ECON113) introduces students to the fundamentals of economic theory and market operations. The course covers essential economic principles, analysis models, applications to business and society, New Zealand's role in trade, and the interplay between economic analysis and policymaking.

Course Content

  • Basic principles of economics
  • Models of economic analysis
  • Influence of economic principles on business and decision-making
  • Imports and exports in Aotearoa-New Zealand
  • Application of economic principles to private and public management
  • Basic techniques of cost-benefit analysis
  • Policy recommendations based on welfare maximisation
  • Intersection of analysis and policy in economics

What you need to know first

Restriction: Introduction to Applied Economics, ECON-110 or ECON-110R

Restriction: Introduction to Economic Theory, ECON-111 or ECON-111R

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What sort of industry will this job lead to

  • Economics

  • Government

  • Business Analysis

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Future employment opportunities might be

  • Assistant economist

  • Business analyst (entry-level)

  • Support roles in government policy units