This course is taught in two parts: Part A - Financial Systems over the first seven weeks, and Part B - Economic Systems over the last six weeks of semester.
The Part A Financial systems segment focuses on accounting and financial management concepts and principles. This course equips students with methodologies to identify and analyse accounting information for making sound financial decisions in real business settings.
The Part B Economic systems segment of the course will provide an introduction to the economic principles which underlie decisions on private and public investment. These principles will be used to analyse relevant issues such as choice of capacity, pollution and public goods, safety standards and patents. Mathematical models will be used to inform the analysis.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
The objectives of Part A of the course are to equip you with the following skills:
1. Understanding of basic accounting processes and financial statements.
2. Analysis and interpretation of financial statements with regard to key aspects of performance such as profitability, solvency and liquidity.
3. Understanding cost behaviour and methods of assigning costs to production.
4. Identifying and measuring relevant costs when making business decisions.
5. Evaluation of investment opportunities, including the use of net present value analysis and budgeting.
The aims and objectives of Part B: Economic Systems are:
1. Identify important economic principles, state the reasons for their importance and discuss their influence on economic ways of thinking.
2. Then apply those principles to real world issues through case work drawn from private and public sector examples.
Other Information
See the course outline on the College courses page. Outlines are uploaded as they become available.
Indicative Assessment
Part A Tasks:
Class Quizzes - 12%
Mid-semester examination - 38%
Part B: Tasks
Assignments - 15%
Final Examination - 35%
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
Students taking this course are expected to committ at least 10 hours a week to completing the work. This will includes 3 hours per week in class and at least 7 hours a week on average (including non-teaching weeks) on course reading, research, writing and assignment work.
Requisite and Incompatibility
Fees
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2019 | $4140 |
- International fee paying students
| Year | Fee |
|---|---|
| 2019 | $5460 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.