ECC1000 / ECF5923 Principles of Microeconomics


Difficulty:

3 star.PNG

Year Completed: Semester 2, 2020

Prerequisite: N/A

 

 Exemption:

CB2 Business Economics

ECC1000 (55%), ECC1100 (45%)

Weighted average of 70% required. Minimum of 60% required for each unit.


Mean Setu Score: 91.6%

 

Clarity of Learning Outcomes: 93%

Clarity of Assessments: 92.6%

Feedback: 87.2%

Resources: 93.8%

Engagement: 90.6%

Satisfaction: 91.6% 


Subject Content:

Lecture(s) and Tutorial(s):

Textbook(s):

Assessments:

 

Topics covered included 5 foundations of economics, economic

models, demand and supply, elasticity, tax incidence, price

controls, externalities, business cost and production, competitive

markets, monopolies, oligopolies, strategic behavior, consumer

choice and behavioral economics

 

No Lectures - just online videos (about one hour per week)

No Tutorials

Principles of Microeconomics -  it was useful as it explained the

concept in detail.

Online Quizzes 10%

Mid Semester Test 20%

Writing Assignment 10%

Final Exam 60%


Comments

The unit was quite casual overall. The workload was not heavy and

the concepts weren’t hard. The unit was taught in an engaging

way where a Kahoot was held each week and before exam.

 

The online lecture videos were engaging as they explain the

theory and examples were also given. I couldn't have managed

without watching the lectures.

  

There was no tutorial. Instead, questions were given each week

based on the lecture and solutions were uploaded by the end of

the week. Videos explaining some of the questions were also

provided.

 

The mid semester test was 20 MCQs and practice questions were

given. The online quizzes had unlimited attempts, so students

could do the questions again and again until they reached the

desired marks. The writing assignment was based on an article

that was provided prior.

 

The exam was similar to the questions provided each week and

the online quizzes.

 

Work through all the questions each week and do all the practice

tests/exams. Kahoot was fun and helpful.

 

General Overview:

Lectures:

Tutorials:

Assessments/Other Assessments

Exams

Concluding Remarks