Overview
As you study this unit, your overall aim is to: understand macro economics, the markets and their dimensions, World and local economies and policy instruments; fully understand the effect of supply, demand prices and stocks; and become familiar with procedures, principles and methods of project costing, bills of quantities and life cycle analysis.
Details
Pre-requisites or Co-requisites
There are no requisites for this unit.
Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).
Offerings For Term 1 - 2027
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
All University policies are available on the CQUniversity Policy site.
You may wish to view these policies:
- Grades and Results Policy
- Assessment Policy and Procedure (Higher Education Coursework)
- Review of Grade Procedure
- Student Academic Integrity Policy and Procedure
- Academic Progression Policy and Procedure
- Student Refund and Credit Balance Policy and Procedure
- Complaints Policy and Procedure
- Information and Communications Technology Acceptable Use Policy and Procedure
This list is not an exhaustive list of all University policies. The full list of University policies are available on the CQUniversity Policy site.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Feedback from Student Unit Teaching Evaluation Unit Comments Report - T1, 2025
The gap between the feedback for the previous assessment and the next assessment submission due date could be increased to ensure an effective and successful submission.
There were delays in providing feedback on some assessments. Hence, returning feedback within two weeks of the submission due date, normally set for each assessment, could not be maintained for some assessments due to the lecturer's personal issues. However, the teaching team is obliged to maintain this in the next and future deliveries. The teaching team found that the gap between each assessment due date in the current delivery is close to 4 weeks, which is sufficient for students to prepare their next assessment, provided that feedback on the previous assessment is given within 2 weeks. This will be recommended to continue in future deliveries.
Feedback from The Lecturer and the Unit Coordinator communication
Teaching team suggests applying guest lectures in future deliveries
It is recommended to have a guest lecturer or special speaker in some weeks to keep the students engaged with practical examples or industry situations. These sessions are intended to expand the students' knowledge on life cycle cost analysis and bills of quantities. One such session is planned to conduct towards the end of the teaching term making it an addition support for students to the last assessment task.