Transcription of UNIT 3 - wiley.com
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UNIT 3 - wiley.com
TOPIC 1 An introduction to microeconomics: the market system, resource allocation and government intervention 1c01 AnIntroductionToMicroeconomicsTheMarketS ystemResourceAllocationAndGovernmentInte rvention 1 29 August 2016 9:31 AMUNIT 3 australia s economic prosperityAREA OF STUDY 1An introduction to microeconomics: the market system, resource allocation and government intervention (duration about 6 7 weeks)OUTCOME 1On completion of area of study 1, the student should be able to explain how markets operate to allocate resources, and discuss the effect of government intervention on market OF STUDY 2 Domestic macroeconomic goals (duration about 5 6 weeks)
allocate resources, and discuss the effect of government intervention on market outcomes. ... Australia and the world economy (duration about 4–5 weeks)
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