Skip to the content

Australian National University

  • Code ENGN3211
  • Unit Value 6 units
  • Offered by Research School of Accounting & Business Info Syst and the School of Economics
  • Course subject Engineering
  • Areas of interest Engineering
  • Academic career Undergraduate

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

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.

Indicative Assessment

Part A Tasks:

Class Quizzes - 12%

Mid-semester examination - 38%

Part B: Tasks

Assignments - 15%

Final Examination - 35%

 

 

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

To enrol in this course you must have completed 12 units of MATH or STAT.

Other Information

For further information please refer to course website

Fees

Tuition fees are for the academic year indicated at the top of the page.  Tuition fees will be published by 1 October for the next year.

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
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 Commencing Fee
1994-2003 $2922
2004 $3234
2005 $3234
2006 $3240
2007 $3240
2008 $3240
2009 $3240
2010 $3240
2011 $3240
2012 $3240
2013 $3240
2014 $3246

International fee paying students

Year Commencing Fee
1994-2003 $2922
2004 $3234
2005 $3234
2006 $3288
2007 $3426
2008 $3426
2009 $3426
2010 $3750
2011 $3756
2012 $3756
2013 $3756
2014 $3762

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions