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Australian Global Business Perspectives

Unit code: HBI241N

Credit points12.5 Credit Points
DurationOne teaching period
Contact hours36 Hours
CampusHawthorn, Sarawak
Prerequisites
Nil
Corequisites

HBI110N Foundations of International Business

Related course(s)

A unit of study in the Bachelor of Commerce and the Bachelor of Business Administration suite of programs.

Aims and objectives

At the completion of this unit, students should be able to:
  • Understand the fundamentals of Australian trade within the global economy
  • Appreciate the different dimensions of Australia’s international trade
  • Recall the drivers of Australia’s global trade performance
  • Analyse the main economic and business organisations which facilitate Australia’s engagement with global business
  • Evaluate the different dimensions of Australia’s place in the global economy
  • Explain the different kinds of regional trade groups and organisations within which Australia is placed

Teaching methods

Lecture/seminars (2 hours), Tutorial (1 hour)
Lecture/seminars will be used to introduce the topics and resources, demonstrate concepts, and provide a forum for demonstration, discussion and questions.
Tutorials will provide opportunities for students to experience the subject, discuss, question and debate the issues raised in the lecture/seminar.

Assessment

Group Assignment/class presentation (20%)
Test (20%)
Examination (50%)
Class participation (10%)

Generic skills outcomes

The graduate attributes which relate to this unit help to produce graduates who are:
  • Capable in their chosen professional, vocational or study areas
  • Entrepreneurial in contributing to innovation and development within their business, workplace or community
  • Effective and ethical in work and community situations
  • Adaptable and able to manage change
  • Aware of local and international environments in which they will be contributing (eg socio-cultural, economic, natural)

Content

  • The fundamentals of Australia’s trade with the world
  • Australia’s strengths and weaknesses within the global trade setting
  • The drivers and facilitators for Australia’s economic and trade performance
  • The different components of Australia’s trade balance
  • The role Australia has in the regional, bilateral and multilateral trade arrangements
  • The role Australia plays in the monetary and financial world markets
  • The role does investment plays within the Australian international transaction setting

Reading materials

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.