BUSINESS 115 : Economics, Markets and Law
Business and Economics
2022 Semester Two (1225) (15 POINTS)
Capabilities Developed in this Course
|Capability 1:||Disciplinary Knowledge and Practice|
|Capability 2:||Critical Thinking|
|Capability 3:||Solution Seeking|
|Capability 4:||Communication and Engagement|
|Capability 6:||Social and Environmental Responsibilities|
- Explain the nature of law and its application in New Zealand’s constitutional framework, including the functioning of Government and The Treaty of Waitangi. (Capability 1, 2 and 6)
- Apply economic principles and analytical tools to a wide range of current issues, and discuss their implications for individuals, households, businesses, markets, and nations. (Capability 1 and 3)
- Develop and assess alternative options for welfare-improving public policies. (Capability 2 and 3)
- Critically evaluate alternative approaches to current issues by synthesising different perspectives, including social and environmental responsibilities, and communicate this in the form of a critical essay. (Capability 2, 4.2 and 6)
|Weekly Quizzes||20%||Individual Coursework|
|Law Assignment||10%||Individual Coursework|
|Economics and Markets Essay||20%||Individual Coursework|
|Final Exam||50%||Individual Examination|
|Assessment Type||Learning Outcome Addressed|
|Economics and Markets Essay|
Attendance is expected at workshops to complete the necessary components of the course.
Where possible or applicable, workshops will be available as recordings.
The course will not include live online events.
Unless notified otherwise, attendance on campus is required for the final exam.
The activities for the course are scheduled as a standard weekly timetable.
- Recommended Textbook: Frank, R.H., Bernanke, B., Antonovics, K.L., & Heffetz, O. (2018). Principles of economics. 7th edn. New York, NY: McGraw-Hill Education. The online (eBook) version is available online via the University's General Library website/catalogue. A number of hard copy (print) versions are also placed on Short Loan at the University's General Library.
- There are many other applicable textbooks available for your use at the University's General Library. These other textbooks are held in print and/or eBook form. For example, a highly recommended textbook that is very useful for further studies in Economics and has a good macroeconomics focus with useful New Zealand data/examples is: Mankiw, N.G., Bandyopadhyay, D., & Wooding, P. (2009). Principles of macroeconomics in New Zealand. 2nd edn. South Melbourne, Victoria: Cengage Learning.
- Additional course materials are posted on Canvas.
At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.
Your feedback helps teachers to improve the course and its delivery for future students.
Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.
Please see additional course information provided on Canvas about how to seek assistance and a number of other frequently asked questions about the course and the assessments.
The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.
Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.
All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.
Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz
If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.
If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.
This should be done as soon as possible and no later than seven days after the affected test or exam date.
In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.
Student Charter and Responsibilities
The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.
Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.
In this course students may be asked to submit coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.