The handbook entry describes this course pretty accurately, so look there for that. This would be a good unit for someone without good writing/research skills, or for international students to get used to the local academic style & expectations.
If you're confident in your essay writing skills, then it's probably not worth your while, and you could just use the learning unit to polish your academic style (search monash AALLU). It's basically to train you to research and prepare essays of a reasonable academic standard, and will probably add a few marks to your submitted work in other subjects for the rest of your degree. This was easily the most interesting and thought provoking subject I took this semester, mostly due to the history of ideas element. I found it more difficult than I expected and got swamped with readings. I would point out though, that these were readings I chose for my major essay, and if I had taken to heart the advice about research reading given in the lectures, I would have saved myself a lot of pain and time. Dr. Piscioneri is a really good teacher (anyone in the class would vouch for that) and presents material quite clearly.