Handbook

Overview

Economics is about shaping a better world for everybody in it — so no, it's not just about numbers. It is the study of how people, businesses, and governments make decisions in a world of limited resources, and how those choices affect society as a whole. This course will equip… For more content click the Read More button below.

This course will equip you with the tools to "think like an economist," enabling you to analyze real-world challenges such as climate change, economic development and poverty, wealth and income inequality, and fair access to quality healthcare and education. You’ll learn how economic principles help us understand global issues, how to evaluate the effects of policies (and understand who stands to gain or lose from various interventions), and ultimately, how to design solutions that drive positive change.

We will explore questions like:

How can we balance economic growth with environmental sustainability?

What policies can reduce inequality and improve social welfare?

How do markets allocate resources, and when do they fail?

What are the trade-offs of government interventions, and how can we measure their impact?

By the end of the course, you’ll not only understand fundamental economic concepts but also be able to apply them to some of the most pressing issues facing our world today. Whether you’re interested in business, policymaking, or global development, economics provides powerful insights into building a more sustainable and equitable future for our society — and everybody in it.

Conditions for Enrolment

Excluded: Students in BCom single or double-degree programs, except for 3155 Actl/Comm and 3521 Comm/Econ, are not allowed to enrol in this course.

Equivalent Courses

Exclusion Courses

Course Attributes

General Education

Introductory Course

Delivery

Fully online - Intensive - Summer

Multimodal - Standard (usually weekly or fortnightly)

In-person - Standard (usually weekly or fortnightly)

Please note that the above delivery information is an indication on how this course may be delivered within the year. Delivery mode(s) for each term can be viewed on other sources such as myUNSW and class timetable site.

This Handbook is a comprehensive catalogue of our offerings and includes courses that can be taken to satisfy program requirements irrespective as to their availability for a particular year. Availability of courses is best checked using filters on this site or on the class timetable site.

Fees

Type	Amount
Commonwealth Supported Students (if applicable)	$2124
Domestic Students	$6750
International Students	$6750

Disclaimer

Where a fee is displayed as “Not Applicable”, including some Work Experience and UNSW Canberra courses, please contact the relevant Faculty for any enquiry.

Note that the University reserves the right to vary student fees in line with relevant legislation. The fee information is provided as a guide and more specific information about fees, including policy, can be found here.

Commonwealth Supported Students:

Please refer to the information about new Student Contribution band classifications. Note that grandfathering arrangements are applicable for some cohorts of students, and other special arrangements apply for a limited number of programs. The Field of Education displayed on the right-hand side of this page may be applicable in understanding which fee rate will apply to you.

Where a Commonwealth Supported fee is displayed it does not guarantee that such places are available.

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)

Faculty
Faculty: The primary academic unit in which related disciplines of teaching and research are conducted.

School
School: The academic unit responsible for teaching in disciplines or subject areas (school is part of a faculty).

Study Level
Study Level refers to the academic level of a program, specialisation or course.

Undergraduate

Offering Terms
Depending on the Academic Calendar type, an offering term generally refers to an academic teaching period of between 8-13 weeks in duration.

Summer Term, Term 1, Term 2, Term 3

Campus

Sydney

Academic Calendar

Field of Education

091901 Economics

Timetable

Course Outline
This link will take you to UNSW Course Outline website that is first released for all faculties for 2024 academic year. Note that the Handbook publishes course information regardless of whether the course is offered (and therefore has a course outline available), or not.

Microeconomics 1

ECON1101

6 Units of Credit