MMD1690 Economics 101
Faculty of Business and Economics
MMD1690 Economics 101 is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2025. It has no prerequisites.
- Credit points
- 6
- Offered in 2025
- Not offered
- Assessment
- No exam
- 1 task
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before MMD1690
No prerequisites or corequisites besides the enrolment rules below.
After MMD1690
No unit lists MMD1690 as a prerequisite in the 2025 handbook.
Enrolment rules
You must be enrolled in B0601 to undertake this unit.
Overview
Economics 101 is an introduction to fundamental concepts, principles, and methods in economics. You will be provided with the skills and knowledge necessary to pursue further studies in the field of economics at a tertiary education level.
Offerings in 2025
The 2025 handbook lists no offerings for MMD1690.
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Define economics and understand the problem of scarcity
- 2
Understand the concept of demand and supply and the application of this theory
- 3
Understand and apply the theory of the macroeconomy with emphasis on GDP, inflation and unemployment
- 4
Explain the concept of costs and revenues in the case of a single firm
Common questions
What are the prerequisites for MMD1690?
MMD1690 has no prerequisites, but enrolment rules apply.
When is MMD1690 offered?
MMD1690 has no offerings listed in the 2025 handbook.
Does MMD1690 have an exam?
No. MMD1690 has 1 assessment task and no exam.