UnitLevel 1Undergraduate

ECC1050 Big ideas in economics

Faculty of Business and Economics

ECC1050 Big ideas in economics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2026 in Semester 1 at Clayton. It has no prerequisites.

Credit points
6
Offered in 2026
Semester 1
Clayton
Assessment
No exam
2 tasks
Workload
144 hours
per semester

This is the 2026 handbook entry. See the 2027 entry.

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Requisites

Before ECC1050

No prerequisites or corequisites besides the enrolment rules below.

After ECC1050

No unit lists ECC1050 as a prerequisite in the 2026 handbook.

Enrolment rules

You must be enrolled in B2031 or B2032 to undertake this unit.

Overview

As economics is a social science that studies how society and individuals manage their limited resources, almost all pressing problems that humanity faces can be analysed through the lens of economics. This dedicated unit will introduce Bachelor of Economics students to the key conceptual developments and advancement in the discipline of economics over the past few centuries. You will learn in an innovative learning environment the various tools that economists develop and use to solve the puzzles and challenges in the world.

Offerings in 2026

Teaching periodCampusMode
First semesterClaytonOn campus

Assessment

  • Quiz / Test
    55%
  • Project
    45%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    identify problems that the discipline of economics can answer

  2. 2

    describe the tools that economists develop to solve puzzles and problems that humanity faces

  3. 3

    apply the tools that economists develop to analyse social and economic problems

  4. 4

    utilise research skills to develop and communicate arguments in verbal and written forms

Workload and teaching

  • Workshops24 hours
  • Applied sessions24 hours
  • Teaching approachProblem-based learning
  • Teaching approachActive learning
  • Teaching approachResearch activities

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.

Contacts

Chief Examiners
Associate Professor Liang Choon Wang

Common questions

What are the prerequisites for ECC1050?

ECC1050 has no prerequisites, but enrolment rules apply.

When is ECC1050 offered?

In 2026, ECC1050 runs in Semester 1 at Clayton.

How much work is ECC1050?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECC1050 have an exam?

No. ECC1050 has 2 assessment tasks and no exam.

More details

Credit points
6
Level
1
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Not available
Handbook years
20232024202520262027