STAD1000 Business Maths 1
Business Maths has been designed to assist you to develop the statistical skills that are used in data analysis in Economics, Finance and Business. It will also help you to learn an equally vital skill of interpreting results and presenting them in a professional manner, thus making it easy for a “lay-man” to understand the situation.
The spreadsheet application MS EXCEL will be integrated into this unit, which will highlight the importance of technology in financial Mathematics and Statistics. Contrary to popular opinion, statistics is a language-rich unit: using English to explain, describe and comment on various aspects of the unit is very important and will be emphasized.
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The aim of this unit is to provide students with the economic literacy skills that are required by professionals, especially those in business, management and commerce, by providing opportunities to develop an understanding of the key economic principles, theories, models and laws and to use them to solve common economic problems.
The main aims of the unit are to introduce the three key aspects of economics. Hence, the unit is divided into the following three sections:
- Section one introduces students to the methods and subject material of economics. In particular, students are introduced to the methodology of economics, which differs in many respects to methodologies used by other social science disciplines, economic analysis and the nature of the economising problem
- Section two introduces students to the principles of microeconomics. The focus of this section is on developing an understanding of how markets help solve the economising problem by efficiently allocating scarce resources among competing uses
- Section three introduces students to the principles of macroeconomics. This section builds the aggregate expenditure model then the aggregate demand/aggregate supply model in order to develop an understanding of how governments stabilise the economy as a whole using a combination of monetary and fiscal policies.
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ACCD1000 Accounting for Decision Making
This unit covers the use of accounting information by external users and management. Topics include accounting information in its decision making context; external financial reports; financing and business structures; financial statement analysis; the time value of money; capital budgeting; cost-volume-profit analysis; management accounting tools of analysis; and budgeting.
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MANM1000 Introduction to Management
This unit provides students with a basic understanding of the nature of management, work and its organisation. Students examine the roles of managers, the process of management and the types of commitment to management in societies and organisations. It also explores the influence of change and technology on managers, management, work and organisations, and includes the ethical dimensions of management and the implications and significance of human diversity in that arena.
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CISD1000 Information Systems
This unit is an introduction to information systems and their role in business organisations. Topics include computer hardware (PC and multi-user); system and application software; data and people; end-user application software (including spreadsheets and graphics); database management; networking and data communication; information systems for business operations, decision support and strategic advantage. In addition this unit introduces e-business and e-commerce; principles of information system development; and trends, issues and concerns.
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MARD1000 Marketing Principles
In this unit students learn that marketing includes all the activities that are performed by companies and organisations to satisfy the needs of their customers with products and services. It covers fundamental marketing concepts and principles and the role of marketing in organisations - including for profit, government, educational and social organisations, both large and small.
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EAPD1000 Business Communication
This unit of study enhances students' verbal and written communication in both a general manner and more specific ways relevant to commerce and business. It also develops students' capacity for critical understanding of texts they encounter both in the world at large and in the Bachelor course. Specific learning activities help students to understand texts in their historical and cultural contexts and to understand that they express a range of assumptions, values and opinions that can be questioned and evaluated.
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This unit introduces students to the legal regulation of businesses and business transactions and the Australian legal system. Topics covered include: legal rights and duties applicable to businesses, in addition to laws that regulate commerce including tort, contract, consumer protection and workplace environment law.
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