- Code ENGN3211
- Unit Value 6 units
- Offered by Research School of Accounting and the Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Engineering
- Areas of interest Engineering
- Academic career UGRD
- Mode of delivery In Person
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.
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.
See the course outline on the College courses page. Outlines are uploaded as they become available.
Part A Tasks:
Class Quizzes - 12%
Mid-semester examination - 38%
Part B: Tasks
Assignments - 15%
Final Examination - 35%
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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
Tuition fees are for the academic year indicated at the top of the page.
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- Student Contribution Band:
- 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.
Offerings, Dates and Class Summary Links
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