UnitLevel 2Undergraduate and Postgraduate

ECX2310 The blockchain economy and digital business

Faculty of Business and Economics

ECX2310 The blockchain economy and digital business is a level 2, 6-credit-point, undergraduate and postgraduate unit from the Faculty of Business and Economics. It isn't offered in 2023. It needs ECF1100 or ECF1200.

Credit points: 6
Offered in 2023: Not offered
Assessment: Exam 50%; and 1 other task
Workload: 144 hours; per semester

This is the 2023 handbook entry. See the 2024 entry.

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Requisites

Before ECX2310

Prerequisites

Pass these before you enrol.

One of

After ECX2310

No unit lists ECX2310 as a prerequisite in the 2023 handbook.

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 11 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.

Overview

In recent times, cryptocurrency has gained global attention and has been the subject of discussion in various news media, policy-making bodies, government entities, and financial institutions. This unit concentrates on investigating the economic implications of cryptocurrency to solidify our understanding of how this ecosystem works. It will analyse the nature and operation of digital currency in comparison to traditional payment and banking systems, describe blockchain technology, examine the structure of smart contracts and decentralised applications, and compare the trade-offs between risk and return for investments in cryptocurrency. Other related issues to be discussed include investing in blockchain and valuations of cryptocurrencies, investment tokens, regulation and taxation, and central bank digital assets.

Offerings in 2023

The 2023 handbook lists no offerings for ECX2310.

Assessment

Within semester assessment
50%
Examination
50%

Learning outcomes

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

1
demonstrate a sound understanding of the traditional role of money and payment systems and the emergence of stateless, decentralized, cloud-based digital currency systems
2
describe blockchain technology, distributed ledgers, mining and consensus models, the process of token/coin sales and the structure of smart contracts and applications
3
evaluate the trade-offs between risk and return for investments in cryptocurrency as well as the state of blockchain governance and regulation
4
analyse real world applications of blockchain technology for resolving economic, social and political problems.

Workload and teaching

Workshops24 hours
Teaching approachActive learning

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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

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

Common questions

What are the prerequisites for ECX2310?

You need ECF1100 or ECF1200 before you enrol. Enrolment rules also apply.

When is ECX2310 offered?

ECX2310 has no offerings listed in the 2023 handbook.

How much work is ECX2310?

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

Does ECX2310 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 1 other task.

More details

Credit points: 6
Level: 2
Study level: Undergraduate and Postgraduate
Faculty: Faculty of Business and Economics
Organisational unit: Department of Economics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 4
Study abroad: Available
Handbook years: 20232024