Why Money Matters
UndergraduateGRF-GBS1062024
Course information for 2024 intake View information for 2025 course intake
An online business course that sets you up with skills in accounting, finance, and economics. Topics include financial statements, budgeting, and scams to look out for. Manage money effectively and make informed investment decisions.
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 13 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Why Money Matters
About this subject
After successfully completing this subject you should be able to:
- Examine monetary flows in the economy and how they affect businesses, households and organizations.
- Apply core skills in economics, budgeting and finance for effective financial decision-making in business contexts.
- Identify key drivers of economic disadvantage and best practice strategies for alleviating economic disadvantage for social groups and individuals.
Assurance of Learning:
- This course evaluates student performance for Assurance of Learning purposes for the program learning objective (Dip Bus PLO 1): Apply a range of transferable skills and literacies applicable to academic and business contexts, to support the development of lifelong and preparedness for future employment
- This course evaluates student performance for Assurance of Learning purposes for the program learning objective (UG Bus PLO 1): Effectively communicate with diverse audiences through a variety of modes and media.
- Intro to money, exchange and markets
- Circular flow of money and the macroeconomy
- The financial system
- Governing the monetary system
- Financial statements - introduction
- Financial statements - extended
- Budgeting
- Developing financial capabilities
- Saving and investing
- Inequality and poverty
- Global financial flows and the Australian economy
- Scams, ethics and consumer protection
In an increasingly complex financial system, independence and effective decision-making are important life skills. In business, financial skills drive profitability within the rules and regulations of government, institutions and organizations. In this subject you will understand basic monetary flows in the economy, and the interrelationships and dependencies between money, society, groups and organizations, locally and globally. You will develop core skills in financial literacy for business and an understanding of the key principles of accounting, finance and economics. Sound accounting, finance and economics skills are sought by employers in any business graduate, as they enable a solid understanding of the principles that drive enterprise toward success.
Students should not enrol in this subject if they have completed 1006GBS Why Money Matters at Griffith University.
- Open book quiz (10%)
- Company analysis (45%)
- Video presentation (45%)
For textbook details check your university's handbook, website or learning management system (LMS).
With a network of campuses spanning three cities in South East Queensland, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from over one hundred countries, Griffith's dedication to academic excellence is available across Australia through OUA.
Learn more about Griffith University.
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- QS Ranking 2024:
- 18
- Times Higher Education Ranking 2024:
- 20
Entry requirements
No entry requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
UndergraduateGRF-BUS-DEG
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