UnitLevel 3Undergraduate

ECX3750 European economy

Faculty of Business and Economics

ECX3750 European economy is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Winter at Caulfield. It has no prerequisites.

Credit points
6
Offered in 2020
Winter
Caulfield
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2027 entry.

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Overview

This unit looks at the working of the European Union and the European markets and focuses on the economic and business challenges businesses operating in this market. The monetary union of Europe represent the most significant economic experiment ever tempted in history, trying to overcome social, political and cultural barriers with the final goal to create a European identity. Students will apply their understanding of economic concepts to analyse the European economy and its challenges.

The unit uses a chronological approach to unfold the dynamic and critical issues of the European economy. During the course, students will have the opportunity to work in groups and discuss historical facts, business opportunities and economic policy to gain an understanding of how the European market works affecting business strategy of market participants.

Offerings in 2020

Teaching periodCampusMode
Winter semester (Extended)CaulfieldOn campus

Learning outcomes

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

  1. 1

    understand the key historical steps of the European Union and the monetary union

  2. 2

    understand the theory behind an optimal currency area

  3. 3

    understand the strategic operations of business operating in the European community

  4. 4

    comprehend the complexity of the European Union and the economic challenges that businesses and countries will have to face to reach a perfect integration

  5. 5

    understand the consequences of the GFC and Brexit.

Workload and teaching

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 hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Contacts

Unit Coordinators
Mr Marco Lecci
Chief Examiners
Professor Michael Ward

Common questions

What are the prerequisites for ECX3750?

ECX3750 has no prerequisites.

When is ECX3750 offered?

In 2020, ECX3750 runs in Winter at Caulfield.

How much work is ECX3750?

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

More details

Credit points
6
Level
3
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Available