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University of South Australia
This online Principles of Economics unit is designed to introduce students to the meaning and application of fundamental economic principles, and is a great pathway to further studies in business and commerce.
Delivered by Open Universities Australia in partnership with the University of South Australia, the unit provides students with an overview of the concepts and language of economics.
Students learn about the context of markets and incentives, market structures and how competitive policy affects the general economy, market mechanisms and the role of public policy, and the fundamental relationships in Australia’s macroeconomy.
The unit also covers essential economic factors such as unemployment, inflation, Gross Domestic Product and the significance of international trade.
There are no formal prerequisites for this course, so anyone can apply.
In this economics unit, the topics you will study include:
This unit is a core requirement in the following courses:
Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.
Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
Studying this economics unit is a comprehensive and convenient way to gain a deeper understanding of economic principles – a body of knowledge that is sure to benefit anyone working in business or commerce.
By completing this unit, you’ll walk away with the ability to:
Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
If you are an Australian citizen you may be eligible to receive HECS-HELP or FEE-HELP for this unit, meaning you can defer payment of your fees.
Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
This course can be paid for through the HECS-HELP or FEE-HELP government loan schemes. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.
Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).Find out more about government study loans here.
Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
The Bachelor of Business degree will provide you with a strong understanding of business drivers and the knowledge and skills to succeed in a range of key business areas including management, accounting, human resources, marketing and economics, or even as an entrepreneur running your own business.