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Old Course Code Subject Area Catalogue Number Long Title Units Description
EC113 ECON 1100 Political Economy & Comparative Economic Systems 2 Evolution & philosophical underpinnings of various economic systems; major schools of thought in contemporary political economy including Galbraith, Chicago School & radical political economy, comparison of institutional structures & economic performance
EC115 ECON 1110 Australian Economic Institutions 2 Contemporary Australian economy & economic institutions & their evolution in the recent past.
EC117 ECON 1120 The Economics of Social Issues 2 Introductory economic concepts: nature of the market system; alternative measures of living standards; role & size of government sector. Specific topics may vary from year to year & may include: education, health, income distribution & social security, mi
EC121 ECON 1010 Introductory Microeconomics 2 Emphasis on practical applications of economic concepts including opportunity cost, why countries trade, scarcity & demand & supply. Equips students to understand why firms & households behave as they do, why governments sometimes intervene in economy & e
EC122 ECON 1020 Introductory Macroeconomics 2 Examines functioning of the economy & its interaction with international economy. Studies GDP, unemployment & inflation, interest rates, investment, government expenditure, taxation policies & balance of payments. Alternative macro-economic theories & mod
EC131 ECON 1050 Introductory Mathematical Economics 2 Various economic models analysed using a number of mathematical techniques including differential & integral calculus & matrix algebra. Economic models include e.g. goods market & cobweb models, Cobb-Douglas, diminishing marginal utility functions, finance
EC135 ECON 1310 Quantitative Economic & Business Analysis A 2 Basic statistical concepts & techniques such as descriptive statistics, probability concepts, theoretical distributions, inferential statistics (confidence intervals & hypothesis testing) are applied in business & economics.
EC136 ECON 1320 Quantitative Economic & Business Analysis B 2 Business & economic modelling techniques (e.g. regression, time series) & business forecasting are extensively covered with additional topics including sample survey design, modern business decision theory & non parametric methods.
EC162 ECON 1600 Economics & Social History 2 Spread of industrialisation in period before 1914; consideration in some detail of extent to which development of international economy in 19thC affected economic growth of nations.
EC202 ECON 2200 Management of Financial Institutions 2 Analyses economics of modern banking theory & financial institutions management. Describes various types of financial institutions & examines means of managing their operations.
EC204 ECON 2411 Business Economics & the Information Sector 2 Builds on knowledge gained in Introductory Economics & discusses applications in information sector.
EC211 ECON 2010 Microeconomic Theory 2 Draws on models developed in Introductory Microeconomics. Partial & general equilibrium analysis, demand, production & cost theory. Various theories of the firm examined.
EC212 ECON 2020 Macroeconomic Theory 2 Principles of macroeconomic theory. Determinants of national expenditure, income & employment in closed & open economies. Role of monetary & fiscal policy, factors influencing interest rates, causes of inflation & unemployment.
EC214 ECON 2100 Philosophy of Economic Thought 2 Aims to identify philosophical foundations of modern economics. Reference made to Hobbes, Locke, Smith & Bentham. Rival socio-economic philosophies introduced & compared. Discusses question of whether mainstream economics is a value-free science. Examines
EC221 ECON 2040 Macroeconomic Policy 2 Non-bank financial intermediaries. Mix of macroeconomic policy. Labour market. Unemployment & inflation. Fiscal & monetary policy in open economy. Macroeconomic analysis of Commonwealth budget.
EC230 ECON 2300 Introductory Econometrics 2 Applied econometric course covering economic models & role of econometrics; 2-variable & multiple regression & extensions, dummy variables, dynamic models, specification testing, simultaneous equation estimation.
EC231 ECON 2310 Economic & Business Statistics 2 Recommended material for all advanced courses in Econometrics, Mathematical Economics & operations research. Topics include probability theory, sampling distribution, introduction to classical & Bayesian decision theory.
EC233 ECON 2050 Mathematical Economics 2 Introduces & applies to economics some fundamental concepts of differential & integral calculus including: existence of demand & supply equilibrium with linear & non-linear demand & supply functions; indifference & isoquant curves; utility, output & profi
EC235 ECON 2320 Operations Research 2 Operations research techniques useful to business decision-maker. Resource allocation models. Linear programming. Inventory models: replacement models. Queuing models including simulation techniques. Project planning models.
EC263 ECON 2600 Economic History of Asian Economies 2 Process of economic growth & change in various Asian countries since middle 19thC. Comparative aspects of growth; economic development within societies with unique characteristics & in circumstances without parallel in West.
EC264 ECON 2610 International Economy in the Twentieth Century 2 Breakdown of international economy between wars. Bretton Woods & operation of international economy after World War II. Its subsequent breakdown in 1970s.
EC265 ECON 2700 Applied Economics of Marketing & Distribution 2 Marketing & distribution systems are changing. Examines some of these changes. Economic theory & case studies in Asia-Pacific region used to equip students with skills to analyse the new environment.
EC271 ECON 2030 Microeconomic Policy 2 Extends microeconomic theory & demonstrates application to microeconomic policy issues; welfare economics, benefit cost analysis, trade practices legislation, tariff policy & public enterprises.
EC280 ECON 2800 The Economics of Labour Markets 2 Analysis of labour markets & its application to contemporary labour market issues, including labour demand & supply issues, unemployment, employment, wage determination & human capital development.
EC281 ECON 2810 Industrial & Labour Relations 2 Examines interaction between labour market issues & the development & practice of industrial relations. Special attention is given to the development & current state of play of Australia's industrial relations. Conceptual & theoretical foundations of IR f
EC282 ECON 2820 Australian Industrial Relations 2 Examines Australia's IR-related institutions & processes & outcomes of interaction between parties in management-labour relations. Includes arbitration & conciliation, wage-fixing, Accord, gender work issues & current developments such as enterprise agree
EC300 ECON 3900 Special Unit 2 Selected topics offered from time to time relating to research & teaching interests of academic staff. Details available from Head of Department.
EC301 ECON 3200 Monetary Economics 2 Functions of money, the demand for money, money supply, monetary policy & inflation, monetary approach to exchange rate & balance of payments, economics of banking, efficiency of financial sector, financial regulation & supervision, central banking.
EC302 ECON 3210 Financial Markets & Institutions 2 Flow of funds & financial markets, theory & behaviour of interest rates, term & risk structure of interest rates, exchange rates, interest parity, expectations formation, equity markets, debt market, Euro markets, derivatives markets, social allocation of
EC313 ECON 3010 Advanced Microeconomics 2 Developments & implications of microeconomic theory.
EC314 ECON 3020 Advanced Macroeconomics 2 Principles of Keynesian & classical macro-economics. Theories of consumption, investment, inflation.
EC321 ECON 3500 Economic Development 2 Structure & characteristics of less-developed countries, problems & theories of development. Grand strategies of development, including both orthodox neoclassical & heterodox theories; sectoral priorities & policies. Foreign aid; sources of finance; debt
EC323 ECON 3530 Asian-Pacific Economies: Policy Issues 2 Selected policy issues relevant to Asian-Pacific economies including China, India & Japan. Economic interdependence within the region & Australia's economic relations with other countries.
EC324 ECON 3410 Industrial Organisation & Policy in Asia & the Pacific 2 Examines both theory & empirical evidence of distinctiveness of East Asian industrial organisation & policy & makes some comparisons with South Asia & Australia.
EC330 ECON 3300 Applied Econometrics 2 Application of econometric methods & associated econometric software to economic modelling & forecasting. Covers range of time series & cross-sectional modelling techniques & associated diagnostic tests.
EC331 ECON 3310 Econometric Theory 2 Theory of general linear model, orthogonal regression, auto-correlation, multicollinearity, heteroscedasticity, lagged & dummy variables & applications.
EC337 ECON 3050 Advanced Mathematical Economics 2 Introduces & applies to economics some fundamental concepts of theories of differential & difference equations & applications. Topics include: Harrod-Domar & Solow growth models; stability of equilibrium; cobweb model; elementary business cycles models; o
EC343 ECON 3450 Public Finance 2 Theory & methodology of public finance: theory of public goods; public finance & public choice; taxation & taxable capacity; criteria for taxation; taxation & social security policy; tax incidence; tax reform; contemporary issues, eg fiscal federalism & H
EC350 ECON 3424 The Economics of Information & Communication Technology 2 Effect of information technology on organisations, productivity & nature of work. Information industries, intellectual property & information sector of economy. Sources & consequences of technological change.
EC351 ECON 3520 International Macroeconomics 2 International monetary system, the IMF, dependent economy models, competitiveness, fiscal & monetary policy in open economy, external adjustment, capital mobility, exchange rate volatility, the current account, macro-economics of foreign investment & exte
EC352 ECON 3510 International Trade Theory & Policy 2 Pure theory of international trade, comparative advantage, Heckscher-Ohlin, growth & trade. Commercial policies: protection & welfare, economic integration, trade & economic development, Australian perspectives.
EC366 ECON 3600 Australian Economic History 2 Australian economic experience since 1788. Period since 1900 in depth.
EC370 ECON 3440 Regulatory Economics 2 Theory & practice of regulation & regulatory reform; special reference to transport & utility (eg energy, telecommunications & water) industries; competition policy, privatisation, industry structural change, vertical & horizontal separation, access prici
EC373 ECON 3400 Industrial Economics 2 Economics of industrial structure; size of firms, entry conditions, concentration, vertical integration, diversification, pricing behaviour, growth, productivity, technological change.
EC374 ECON 3420 Information Economics 2 Effects of information technology on consumption, organisations, productivity & nature of work. Information industries, intellectual property & information sector of economy. Sources, consequences & management aspects of technological change. Information
EC375 ECON 3430 Managerial Economics 2 Application of economic analysis to business decision-making & organisation: basic economic tools, business objectives, demand analysis; pricing policies & competitive strategies, cost & production analysis, market structure, decision-making under uncertain
EC376 ECON 3700 Environmental Economics 2 Markets, market failures & externalities; economics of environmental pollution problems; economic measures for pollution control & environmental regulation. Environmental change, economic growth, natural resource depletion & population growth.
EC378 ECON 3710 Economics of Natural Resources 2 Market allocation, economic efficiency & economic policy in relation to natural resource capital stocks; case studies drawn from exploitation of mineral, energy, fish, timber & recreational resources.
EC381 ECON 3800 Labour Economics 2 Economic theory of importance in analysis of operation of labour market. Microeconomic operation of labour market; determination of wage structure & economic analysis of trade unions. Main issues in labour macroeconomics. Employment & wage dynamics.
EC393 ECON 3720 Regional & Urban Economics 2 Introduction to regional/urban economic theory, policy & analysis. Study of regional/urban problems including income, growth & welfare disparities. Study of urban form & hierarchies from cities to small towns.
EC401 ECON 6200 Advanced Monetary Economics 2 Advanced analysis of the demand for money and the monetary sector; transmission mechanism; theory and practice of monetary policy; alternative structures for monetary policy; financial innovation; regulation of banks; payments mechanism.
EC411, 412 ECON 6910 Honours Thesis
Introduces techniques of researching thesis topics and of writing the thesis; a paper on the proposed topic is delivered prior to the writing of the dissertation of maximum 25,000 words.
EC413 ECON 6010 Microeconomic Theory 2 Microeconomic theory and its applications to the analysis of economic policy options. Topics covered include the theory of preferences, utility, product and input demand, production, cost, supply, choice under uncertainty, imperfect competition, capital
EC414 ECON 6020 Macroeconomic Theory 2 Recent developments in macroeconomic theory and empirical macroeconomics. There are five areas covered: econometric methodology in the presence of non-stationary time series; endogenous approaches to money determination; time irreversibility in unemplo
EC415 ECON 6420 Public Finance 2 Theory and principles of public expenditure and taxation applied to current Australian and Queensland policy questions. Topics include: public goods, collective choice, public expenditures, taxation, deficit financing, statutory authorities.
EC416 ECON 6500 Economic Development 2 Major issues: role of agriculture, foreign investment, trade & industrialisation strategies, finance & development, income inequality & income redistribution policies; non-economic factors in development, comparative study of strategies in selected count
EC417 ECON 6510 International Economics 2 Selected topics from trade theory, approaches to the balance of payments, exchange rate economics, international monetary economics and international policy co-ordination. Investigation of major problems existing in the international economy - their background
EC418 ECON 6400 Industrial Economics 2 Examines the activities of firms in terms of output, pricing and investment activities. Special attention is paid to the interaction of business with the financial market and with government.
EC423 ECON 6900 Special Unit 2 Special Unit courses offered from time to time include: Evolutionary & Institutional Economics, Labour Economics. Consult Department for details.
EC428 ECON 6700 Ecological & Environmental Economics 2 Covers selected issues such as market failures, externalities, pollution control, species preservation, natural areas, sustainable development, common property resources, global environmental & natural resources, conservation of renewable and non-renewable
EC443 ECON 6300 Advanced Applied Econometrics 2 Provides a strong focus on applied analysis including topics in applied econometric time series (unit roots, VAR and simultaneous equations, cointegration, ARCH, GARCH) & topics concerning discrete and limited dependent variable analysis (probit, logit, t
EC444 ECON 6310 Econometrics 2 Identification problems. Rank condition for identifiability. Simultaneous- equation methods such as two stage least squares, least variance ratio, K-class estimators, three stage least squares, full information maximum likelihood. Econometric models.
EC478 ECON 6710 Natural Resource Economics 2 Application of economic theory to analyse the efficient and sustainable use of natural resource stocks. Reviews some economic concepts particularly useful in the analysis of resource use, e.g. mineral and fish stocks. Theory of resource use is also applie
EC483 ECON 6410 Information Economics 2 Economics of information & knowledge. The knowledge economy & knowledge industries. Unique economic features of information, Information as a resource. Technology as a special type of information. Impacts of information & communication technologies; publi
EC736 ECON 7322 Operations Research for Information Systems 2 Operations research techniques useful to business decision maker. Resource allocation models. Linear programming. Inventory models: replacement models. Queuing models including simulation techniques. Project planning models.
EC802 ECON 7200 Economics of Financial Markets 2 Economic behaviour of financial markets: volatility, bubbles, efficiency; economic theories of financial markets; price determination; role of market makers & institutional factors. Non-Walrasian theories of price determination in financial market, auction
EC829,EC830 ECON 7600 Economic History 2 Advanced study of the nature and implications of economic change in a variety of institutional and social settings.
EC834 ECON 7300 Statistics for Business & Economics 2 Statistical inference, probability & sampling distributions, estimation, hypothesis tests, correlation & regression, experimental design, sample survey design, quality sampling, modern business decision theory.
EC840 ECON 7030 Microeconomic Analysis 2 Recent developments in, & links between, microeconomic theory & economic policy at micro level.
EC842 ECON 7040 Macroeconomic Analysis 2 Recent developments in macroeconomic theory & relationships to economic policy.
EC843 ECON 7310 Elements of Econometrics 2 For students with basic economic statistics background. Hypothesis testing, linear regression, general linear model, serial correlation, multicollinearity, heteroscedasticity, dummy variables, limited dependent variables & simple dynamic models. Practical
EC844 ECON 7500 Economic Development 2 Recent thought on current economic development problems with special reference to Asia & Africa.
EC845 ECON 7520 International Monetary Economics 2 Theoretical topics on exchange rate behaviour & management, current account determination, international capital mobility, effectiveness of fiscal & monetary policies in open economies & select international macro-economic policy issues.
EC846 ECON 7430 Competition & Regulation Policy 2 Objectives of public enterprises & appropriate price, output & investment policies. Regulation (economic) of private sector to improve efficiency in resource allocation. Economic planning at micro level.
EC847 ECON 7400 International Industry Economics 2 Organisation & performance of industrial activity with a global context. Special attention to interaction of business, financial markets & government. Cross-country case studies a feature of course.
EC850 ECON 7440 Government Expenditure & Taxation Policy 2 Theory & principles of public expenditure & taxation applied to current Australian policy questions.
EC853 ECON 7450 Regional & Urban Economics 2 Concepts of economic space & spatial interaction, application to economic theory. Aspects of regional & urban policy. Location theory, regional income & stabilisation.
EC854 ECON 7900 Special Unit 2 Selected topics relating to research & teaching interests of academic staff. Details available from Head of Department. Special Unit courses are offered from time to time in the following areas: Evolutionary & Institutional Economics, Economics of Marketing
EC856 ECON 7720 Ecological & Environmental Economics 2 Selected issues such as market failures, externalities, pollution control, species preservation, natural areas, sustainable development, common property resources, global environmental & natural resources, conservation of renewable & non-renewable resource
EC857 ECON 7460 Health Economics for Administrators 2 Descriptive & theoretical aspects of health & medical services; demand & supply for health insurance, hospitals, etc; quality v. quantity in services; cost analysis; multiple outputs; evaluation techniques.
EC859 ECON 7920 Economic Project 4 Research assignment of maximum length 20,000 words, which may extend over two semesters. (If enrolling in this course across 2 semesters, students commencing in Sem 1 must enrol in ECON7921; students commencing in Sem 2 must enrol in ECON7922. Students
EC860 ECON 7320 Advanced Applied Econometrics 2 Introduces some important tools in modern econometrics & economic statistics including topics in applied econometric time series & topics concerning discrete & limited dependent variable analysis. Strong focus on applied statistical analysis & should be o
EC861 ECON 7330 Econometrics 2 Identification problems. Rank condition for identifiability. Simultaneous equation methods such as 2-stage least squares, least variance ratio, K-class estimators, 3-stage least squares, full information maximum likelihood.
EC865 ECON 7010 Microeconomics for Managers 2 Theory of supply & demand, resource allocation. Theory of consumer behaviour & market demand; production & cost theory; price & output of firms under conditions of perfect & imperfect competition; distribution theory; welfare economics.
EC866 ECON 7020 Macroeconomics for Managers 2 Macroeconomics fundamental to decision-making within business environment. Analysis of general economic trends & macroeconomic variables affecting operation of organisation. Integration of macroeconomic theory & policy with application within Australian e
EC868 ECON 7002 Economics for Managers 2 Introduces professional accounting & management students to both microeconomics & macroeconomics; highlights practical applicability of economics to analysis of contemporary problems; market trends & government policies.
EC869 ECON 7910 Research Report 2 Research report (maximum 10,000 words) on topic approved by the Head of Department.
EC871 ECON 7530 International Trade & Investment 2 Survey of recent advances in foreign trade & investment topics. Topics include trade theory & policy, international factor movement, theories of international investment & contemporary trade & investment issues in Australia & Asia-Pacific region.
EC872 ECON 7420 Information Economics 2 Economics of information & knowledge. The knowledge economy & knowledge industries. Unique economic features of information. Information as a resource. Technology as a special type of information. Impacts of information & communication technologies; publi
EC873 ECON 7510 Economics of Growth & Development 2 Competing theories of economic growth & development; assessment of alternative development strategies & policies; roles of international institutions in managing international economy; comparative experiences of Asian, African & Latin American developing
EC874 ECON 7740 Benefit/Cost Analysis & Project Evaluation A 2 Use of techniques of applied welfare economics & investment appraisal to undertake benefit/cost analysis of public & private sector projects, using spreadsheets.
EC875 ECON 7750 Benefit/Cost Analysis & Project Evaluation B 2 Uses examination of techniques of theoretical & applied welfare economics & investment appraisal to undertake benefit/cost analysis of public & private sector projects, using spreadsheets & taking account of risk.
EC876 ECON 7410 Advanced Managerial Economics 2 Introduces problems of economic optimisation primarily in relation to microeconomic decision-making & policy formulation, but with some consideration of macroeconomic issues. Relevant to business management as well as to industrial policy & macroeconomic
EC877 ECON 7700 Social Choice, Economic Change & Planning 2 Provides an understanding of important social choice issues in modern societies & the economic & related means by which they are being addressed including the benefits & limitations of economic planning/forethought in this process.
EC878 ECON 7730 Natural Resource Economics 2 Applies economic theory to analyse efficient & sustainable use of natural resource stocks.
EC879 ECON 7710 Economic Institutions & Policy Formation 2 Institutions in historical perspective, particularly that of government; social capital; political business cycles, rent-seeking. Case studies such as: the economics of crime, pricing of human organs & antibiotics, the economics of illicit drugs.
EC899 ECON 7930 Thesis 4 Dissertation not exceeding 20,000 words. (If enrolling in this course across 2 semesters, students commencing in Sem 1 must enrol in ECON7931; students commencing in Sem 2 must enrol in ECON7932. Students enrolling in a single semester must enrol in ECO



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