<?xml version="1.0" encoding="UTF-8"?>
<course>
  <academic-career-val type="integer">1</academic-career-val>
  <assumed-knowledge-and-required-skills></assumed-knowledge-and-required-skills>
  <available-through-customised-graduate-programs type="integer" nil="true"></available-through-customised-graduate-programs>
  <co-teaching-course-id type="integer" nil="true"></co-teaching-course-id>
  <consent-description></consent-description>
  <consent-required type="boolean">false</consent-required>
  <corequisites></corequisites>
  <cost-considerations></cost-considerations>
  <course-code>ENGN3211</course-code>
  <course-description>&lt;p&gt;This course is taught in two parts: Part A - Financial Systems over the first seven weeks, and Part B - Economic&amp;nbsp; Systems over the last six weeks of semester.&lt;/p&gt;&lt;p&gt;The &lt;strong&gt;Part A&lt;/strong&gt; Financial systems segment&amp;nbsp;focuses on accounting and financial management concepts and principles. This course equips students with methodologies to identify and analyse accounting information for making sound financial decisions in real business settings.&lt;/p&gt;&lt;p&gt;The &lt;strong&gt;Part B&lt;/strong&gt; Economic systems segment of the course will provide an introduction to the economic principles which underlie decisions on private and public investment. These principles will be used to analyse relevant issues such as choice of capacity, pollution, public goods, safety standards and patents. Mathematical models will be used to inform the analysis.&lt;/p&gt;</course-description>
  <course-group nil="true"></course-group>
  <eligibility></eligibility>
  <filled-flag type="integer">1</filled-flag>
  <first-year-course type="boolean">false</first-year-course>
  <id type="integer">11408</id>
  <incompatibility>BUSN1001, ASHI2021, ASHI2041, POLS1004, ECHI1105, ECHI1106, ASHI2023</incompatibility>
  <indicative-assessment>&lt;p&gt;&amp;nbsp;&lt;strong&gt;Part A Tasks&lt;/strong&gt;&lt;/p&gt;&lt;p align="left"&gt;Class Quizzes - 15%&lt;/p&gt;&lt;p align="left"&gt;Mid-semester examination - 35%&lt;/p&gt;&lt;strong&gt;&lt;p align="left"&gt;Part B: Tasks&lt;/p&gt;&lt;/strong&gt;&lt;p align="left"&gt;Assignments - 15%&lt;/p&gt;&lt;p align="left"&gt;Final Examination - 35%&lt;/p&gt;&lt;p align="left"&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;</indicative-assessment>
  <indicative-reading-list>See Course Outline:&amp;nbsp; &lt;a href="http://ecocomm.anu.edu.au/courses/outline/ENGN3211.pdf"&gt;http://ecocomm.anu.edu.au/courses/outline/ENGN3211.pdf&lt;/a&gt;</indicative-reading-list>
  <is-active type="integer">1</is-active>
  <is-public type="integer">1</is-public>
  <learning-outcomes>&lt;p align="left"&gt;The objectives of &lt;strong&gt;Part A&lt;/strong&gt; of the course are to equip you with the following skills:&lt;/p&gt;&lt;p align="left"&gt;1. Understanding of basic accounting processes and financial statements.&lt;/p&gt;&lt;p align="left"&gt;2. Analysis and interpretation of financial statements with regard to key aspects of performance such as profitability, solvency and liquidity.&lt;/p&gt;&lt;p align="left"&gt;3. Understanding cost behaviour and methods of assigning costs to production.&lt;/p&gt;&lt;p align="left"&gt;4. Identifying and measuring relevant costs when making business decisions.&lt;/p&gt;&lt;p align="left"&gt;5. Evaluation of investment opportunities, including the use of net present value analysis and budgeting.&lt;/p&gt;&lt;p align="left"&gt;The aims and objectives of &lt;strong&gt;Part B&lt;/strong&gt;: Economic Systems are:&lt;/p&gt;&lt;p align="left"&gt;1. Identify important economic principles, state the reasons for their importance and discuss their influence on economic ways of thinking.&lt;/p&gt;&lt;p align="left"&gt;2. Then apply those principles to real world issues through case work drawn from private and public sector examples.&lt;/p&gt;</learning-outcomes>
  <lock-version type="integer">0</lock-version>
  <long-title>Investment Decisions and Financial Systems</long-title>
  <max-units type="integer">6</max-units>
  <min-units type="integer">6</min-units>
  <other-information>&lt;p&gt;For further information see:&amp;nbsp; &lt;a href="http://ecocomm.anu.edu.au/courses/course.asp?code=ENGN3211"&gt;http://ecocomm.anu.edu.au/courses/course.asp?code=ENGN3211&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://ecocomm.anu.edu.au/courses/course.asp?code=ENGN3211"&gt;&lt;/a&gt;&lt;/p&gt;</other-information>
  <preliminary-reading>&lt;p&gt;See Course Outline:&amp;nbsp; &lt;a href="http://ecocomm.anu.edu.au/courses/outline/ENGN3211.pdf"&gt;http://ecocomm.anu.edu.au/courses/outline/ENGN3211.pdf&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;</preliminary-reading>
  <prescribed-texts>See Course Outline:&amp;nbsp; &lt;a href="http://ecocomm.anu.edu.au/courses/outline/ENGN3211.pdf"&gt;http://ecocomm.anu.edu.au/courses/outline/ENGN3211.pdf&lt;/a&gt;</prescribed-texts>
  <progress-units type="integer">6</progress-units>
  <quota></quota>
  <recommended-courses></recommended-courses>
  <requisite-statement>12 units of 1000-series mathematics or statistics courses</requisite-statement>
  <restricted-program-entry type="integer" nil="true"></restricted-program-entry>
  <short-title>Invest Decis &amp; Fin Sys</short-title>
  <student-contribution-band>AAEC</student-contribution-band>
  <subject>Engineering</subject>
  <technology-requirements></technology-requirements>
  <updated-by nil="true"></updated-by>
  <version type="integer" nil="true"></version>
  <workload>&lt;p&gt;At least three contact hours per week plus private study time.&lt;/p&gt;</workload>
  <year type="integer">2010</year>
</course>
