University Subjects

ECON1101: Microeconomics 1

ECON1101: Microeconomics 1

University
University of New South Wales
Subject Link
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Subject Reviews

Mechonics

6 years ago

Assessment
20% free marks from an online game called Playconomics (which you have to buy for like $30), 2x 15% short answer exams, 50% multiple choice finals.
Assumed Knowledge
None, but high school economics would help a lot.
Comments
Very important if you're studying economics or commerce or anything of that sort in the Business School. For me it was just a course which needed to be completed, despite being irrelevant to my degree. Please take this review with a grain of salt, I'm sure you'll fly through it if you're passionate about economics or even if you try a little bit (which I didn't really).
Contact Hours
3 (2 hr lecture, 1 hr lab)
Difficulty
4/5 for me, 2-3/5 for literally everyone else
Lecture Recordings?
Yea
Lecturer(s)
Alberto Motta
Notes / Materials Available
Will be provided with playconomics when you purchase it.
Overall Rating
3
Textbook
All playconomics!
Year & Semester Of Completion
2017, Sem 1
Your Mark / Grade
73

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jamonwindeyer

7 years ago

Assessment
50% final exam, 30% tutorial quizzes, 20% Playconomics (a video game based on economic principles - Surprisingly easy, and literally a guaranteed 20% because all you have to do is finish it)
Assumed Knowledge
None
Comments
I took this as an elective - This is a really enjoyable course - Also the easiest course I've taken. 20% of the marks are literally free, most people I know who actually gave a damn in this subject got either a D or a HD. Playconomics is actually surprisingly enjoyable as a game, it's not a chore to play, just do it periodically to avoid massive all nighters near the end of semester to finish. The content is very interesting (though if you did HSC Economics, probably a bit repetitive), and although there is math involved, it's not hard. If you did alright in Year 10 math, this will be fine for you.

Sarah was good as a lecturer, but in the end I found it easier to self teach from the textbook (not difficult, the textbook is fabulous).
I highly recommend this as a Gen Ed. Not too difficult conceptually, so it won't take heaps of time away from more difficult courses from your stream, but very interesting nonetheless!
Contact Hours
2 hour lecture, 1 hour tutorial
Difficulty
1 out of 5
Lecture Recordings?
Yes
Lecturer(s)
Sarah Walker (there is a team of lecturers over several streams)
Notes / Materials Available
-
Overall Rating
5 out of 5
Textbook
Definitely required, you can buy it with Playconomics to make it easy. It was written specifically for this course.
Year & Semester Of Completion
2016/2
Your Mark / Grade
92 HD

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RuiAce

7 years ago

Assessment
20% of the marks are free because you just have to play through a game to get them. Other than that, essentially every mark counts, because the 15% weighting quizzes are out of 15, and the 50% weighted final exam is 50 multiple choice.
Assumed Knowledge
Nil, but I've heard that knowledge of Preliminary (Year 11) economics is beneficial. General maths skills would also help.
Comments
By nature, economics builds upon itself. This course is somewhat hard to self-learn, but regardless of how you learn (I seriously liked the lectures) you find that everything links to each other. It is not content heavy, and is in general, regarded as the easiest of the first year business courses.

This course is mandatory to all students undertaking a degree offered by the UNSW Business School, with the exception of B Information Systems.

Some courses are nice to give free marks, but I haven't seen them "as freely" as here. All you're doing is playing a game, and it actually helped me understand economics concepts better. The final exam is a bit of a shocker because it shows you how difficult multiple choice is, but for many people it still isn't hard enough to push them out of an easy HD.

This was my favourite course. It was the first time I loved something over my life-long passion for maths.
Contact Hours
2 hours of Lecture, 1 hour of Tutorial
Difficulty
1/5
Lecture Recordings?
Yes
Lecturer(s)
Scott French (LIC), Alberto Motta (Other lecturers include Peter Nichols, Sarah Walker)
Notes / Materials Available
Extremely limited. Usually gotta count on higher years having scavenged hard enough.
Overall Rating
4.5/5
Textbook
Dobrescu et. al., Principles of Microeconomics - An online textbook written by the lecturers specifically for this course. You will need it. Note that it also comes with some video recordings.
Year & Semester Of Completion
2016/1
Your Mark / Grade
96 HD

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