Topics covered include inflation, unemployment, exchange rates, money and banking, balance of payments and government macroeconomic policy in the context of the New Zealand economy. Business Economics An introduction to the key characteristics of different types of market environments from both a social and business perspective, the ways in which these market types can be analysed, and the central issues of business strategy that are relevant in these markets. Specific features include an emphasis on the long and short run aspects of macroeconomic activity and behaviour. An introduction to standard quantitative techniques widely used in economics and finance. Economics, Law and Policy An introduction to the application of economic reasoning and techniques in the study of policy issues in law.
Areas covered include property law, contracts, tort law and criminal law.
This paper will not be taught in 2001. This paper will not be taught in 2001. An economic analysis of public policy using the theories of public choice and benefit-cost analysis to examine the performance of government and its impact on the private sector. An introduction to the estimation methods commonly used in quantitative economics with an emphasis on practical applications. This paper provides a basic understanding of international trade theories, and examines trade policy issues.