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student feedback and leadership - Office for Learning and Teaching

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Part B: Building Leadership Capacity - BUS: School of Economics, Finance & Marketing ART Report<br />

Students are expected to attend a three hour lecture each week that usually<br />

runs <strong>for</strong> approximately two to two <strong>and</strong> a half hours with the remainder time set<br />

aside <strong>for</strong> <strong>student</strong>s to ask questions. During lectures, basic economic theories<br />

are presented to <strong>student</strong>s in each module with application questions scattered<br />

throughout the lecture presentation to indicate the type of problems that will<br />

be presented in the final exam <strong>and</strong> the calibre of answers required. Students<br />

are also required to attend a two hour <strong>feedback</strong> <strong>for</strong>um each week, in which<br />

they are given the opportunity to apply the theoretical principles to the real<br />

economy through weekly assessment.<br />

ECON1020 – Prices <strong>and</strong> Markets<br />

Prices <strong>and</strong> Markets is a study of microeconomic theory <strong>and</strong> its applications.<br />

The course focuses on how individual consumers <strong>and</strong> firms behave, the<br />

functioning of the markets within which they operate, <strong>and</strong> in particular how<br />

prices are determined. The purpose of the course is to enable <strong>student</strong>s<br />

to acquire the basic analytical tools needed to underst<strong>and</strong> the working<br />

of the micro economy. On completing the course, <strong>student</strong>s should have<br />

some underst<strong>and</strong>ing of the basic microeconomic problems facing society,<br />

the interaction of dem<strong>and</strong> <strong>and</strong> supply in the market place, the nature <strong>and</strong><br />

relevance of various costs facing firms, pricing policies <strong>and</strong> profit maximising<br />

conditions relevant to various market structures. They should also have<br />

an awareness of the possible causes of market failure <strong>and</strong> the role of the<br />

government <strong>and</strong> be able to apply simple microeconomic theory to some<br />

practical problems.<br />

Students are expected to attend a two hour lecture <strong>and</strong> a two hour demonstration<br />

lecture each week. Discussion of the material in the demonstration lecture<br />

each week should take no more than 1.5 hours, leaving time <strong>for</strong> <strong>student</strong>s<br />

to obtain individual assistance from the lecturer at the end of the class.<br />

What were the central themes or issues being addressed in the project?<br />

Consistent with the larger ALTC project, the key focus of our ART project<br />

was to analyse, evaluate <strong>and</strong> explore different <strong>for</strong>ms of <strong>feedback</strong> received from<br />

<strong>student</strong>s to better underst<strong>and</strong> how we might continue to improve the learning<br />

experience in these courses. Based on this <strong>feedback</strong>, several initiatives were<br />

developed <strong>and</strong> implemented with the aim of enhancing the <strong>student</strong> learning<br />

experience. The Common Core courses were an appropriate focus <strong>for</strong> our<br />

project <strong>for</strong> the following reasons:<br />

––<br />

the large <strong>student</strong> numbers <strong>and</strong> the associated logistical challenges;<br />

––<br />

the diverse <strong>student</strong> background in terms of chosen disciplines;<br />

––<br />

the importance of these courses within the Business College <strong>and</strong> each<br />

of its undergraduate programs;<br />

––<br />

the unique challenges associated with <strong>student</strong>s transitioning from<br />

school; <strong>and</strong><br />

––<br />

the resources dedicated to each course.<br />

Page 91

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