11225 Industries and Markets are taught at the University of Canberra, Bruce, while the course provides students with a deeper understanding of consumer and producer behavior in the market. Students will develop the skills to perform micro-economic policy analysis through examining several economic models that will explain and predict a wide variety of economic phenomena. The required IT skills are proficiency with word-processing software, particularly in dealing with graphing tools and mathematical functions/expressions.
The course provides prerequisites of 11175 Introduction to Economics, where there are no Co-requisites, while the incompatible units for the current course are none. In addition, the equivalent units for the course is 6382 Intermediate Microeconomics and 9538 Intermediate Microeconomics, while the assumed knowledge needed for the students are expected to be familiar with microeconomic concepts covered in the per-requisite Introduction to Economics. Students would also require some basic mathematical skills in this unit such as taking the first derivative of a function and simplifying algebra.
The course has extensions & late submissions measures, where Original will be used to check for plagiarism for all assignments. Your assessments must be written in your words and citations used when referencing material from published sources. Students will only receive an Original report for one draft submission of their work and again once 11125 assessment answers have been formally submitted.
11225 assessment answers aim in improving the student's ability to communicate effectively while displaying initiative and drive, and using their organizational skills to plan and manage their workload. The student who graduates become professionals, where they employ up-to-date and relevant knowledge and skills while using creativity, critical thinking, analysis, and research skills to solve theoretical and real-world problems.
The student graduating is able to behave ethically and sustainably in their professional and personal lives, while making creative use of technology in their learning and professional lives, while adapting to complexity, ambiguity and change by being flexible and keen to engage with new ideas. Furthermore, the students are able to reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development.