1996 Swinburne Higher Education Handbook

LBC305 Advanced Taxation
3 hours per week Lilydule Prerequisite: LBC301
Assessment: examination/assignment
A stage 3 subject in the Bachelor of Business and Bachelor of
Social Science
Objectives and Content
This is a final year subject designed for students who require
additional experience of taxation issues. The objective of the
subject is to acquaint students with the areas of taxation of
practical utility by concentrating on the taxation
implications of various taxable entities, and/or taxpayers, in
particular, companies, unincorporated entities, trusts,
superannuation funds and primary producers. In addition
the subject will address in detail the taxation of capital gains
and fringe benefits tax as well as giving students an
introduction to the area of indirect taxation. Students will be
expected to develop a research-oriented problem-solving
approach to the subject which includes the following
specific topics:
unincorporated entities
primary producers
trusts, beneficiaries
superannuation funds
H companies and dividend imputation
capital gains tax
E. fringe benefits tax
administrative provisions
current developments in taxation
tax planning
part IVA and tax avoidance
international taxation
sales tax
Recommended reading
Income Tax Assessment: Act (1936 as amended)
Lehman, G. and Coleman, C. Taxation Law in Australia. 3rd edn,
Sydney, Butterworths, 1994
Awnalian Master Tax Guide. North Ryde, CCH Australia Ltd. 1996, or
Australian Tax Handbook 1996, North Ryde, Butterwonhs Ltd
Australian Federal Tax Reporter. North Ryde, CCH Australia Ltd
Australian Tax Cases. North Ryde CCH Australia Ltd.
LBE100 Microeconomics
3 hours per week Lilydule Prerequisite: nil Assessment:
examination assignment
A stage 1 subject in the Bachelor of Business and Bachelor of
Social Science
Objectives
To introduce key microeconomic concepts and to encourage
and assist students to apply economic reasoning to issues
facing business, government and consumers.
Content
This subject introduces students to microeconomic concepts
and their application within the framework of the
Australian economy. The course commences with an
examination of the role of the market in allocating resources
and distributing output. This is followed by an examination
of the firm's production, costs and revenues in a variety of
market structures. The significance of microeconomic
concepts for both business and government policy is
emphasised throughout.
Recommended reading
Jackson, J., McIver, R., and McConnell, C.R., Microeconomics,
Sydney, McGraw-Hill, 1994
Terry, C. and Forde, K. Microeconomics An Introduction for
Australian Students, 3rd edn, Sydney, Prentice Hall, 1992
Waud, R.N. et al. Economics, 2nd Aust. edn, Anarmon, N.S.W.,
Harper Educational, 1992
LBE2OO Macroeconomics
3 hours per week Lilydale Prerequisite:LBEIOO
Assessment:multiple choice tests, assignments, examination
A stage 2 subject in the Bachelor of Business and Bachelor of
Social Science
Objectives
To provide business students with an understanding ., and
appreciation of macroeconomic concepts, issues and policies
pertaining to the Australian economy.
Content
This subject introduces students to the key macroeconomic
concepts, issues and policies. Emphasis is on current issues
and policies. To fully appreciate the current Australian
economic and business environment, some theoretical
background is necessary and this is provided in the course
by the AD/AS model. This model is applied to issues such
as inflation, unemployment and external imbalance and is
used to demonstrate the impact of government
macroeconomic policies (wages, fiscal and monetary) on
Australian business and the economy. Within the course
students are introduced to the financial markets, financial
deregulation and Australia's international business
environment.
Recommended reading
Freebairn, M.L., et al., Introduction to Australian Mmeconornk,
3rd edn, Hawthorn, Vic., Citadel Press, 1995
Freebairn, M.L., Study Guide to Accompany Introduction to
Australian Mauoeconomics, Hawthorn, Citadel Press, 1995
McTaggan, D. et al. Microeconomin, Aust. edn, Sydney, Addison-
Wesley, 1992
Waud, R.N., et al., Economics, 2nd Aust. edn, Armaton, N.S.W.,
Harper Educational, 1992
Baumol, W. and Blinder, A., Economic Principles and Policy, 2nd
Aust. edn, Sydney, Harcourt Brace Jovanovich, 1992
LBE2Ol Managerial Economics
3 hours per week Lilydale Prerequisite: LBEIOO also
LCR100 Assessment: examination/assignment
A stage 2 subject in the Bachelor of Business and Bachelor of
Social Science
Objectives and Content
To show the relevance of microeconomic concepts to
business decision-making.
This subject deals with topics such as decision-making under