Course Title: Economics and Finance Business Design Project 1

Part A: Course Overview

Course Title: Economics and Finance Business Design Project 1

Credit Points: 12.00

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities. 

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption. 

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT:

Please read the Student website for additional requirements of in-person attendance: 

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance. 


Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance and Marketing


Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2017,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 1 2022

Course Coordinator: Dr Meg Elkins

Course Coordinator Phone: +61 3 9925 5147

Course Coordinator Email:

Course Coordinator Location: Melbourne Campus Building 80, Level 11

Course Coordinator Availability: Wednesday afternoon

Pre-requisite Courses and Assumed Knowledge and Capabilities

Enforced pre-requisites:

  • 037081 - ECON1214 - Economics and Finance - Work Integrated Learning (WIL) 1
  • 037082 - ECON1215 - Economics and Finance - Work Integrated Learning (WIL) 2
  • 037083 - ECON1216 - Economics and Finance - Work Experience in Industry (WEI) 1
  • 037084 - ECON1217 - Economics and Finance - Work Experience in Industry (WEI) 2

048035 - BUSM4371 - Economics and Finance Business Project Design1 should normally be taken in the semester following your work placement.

Course Description

This course integrates your academic and work-based learning. In this course, you will apply design thinking principles and techniques to produce a project proposal that addresses a contemporary business issue or opportunity. You will engage with the creation, development and pitching of a proposal, which will form the foundation for its creative execution in Business Design Project 2.

Objectives/Learning Outcomes/Capability Development


On successful completion of this course you will be able to:

  1. Apply design thinking principles and techniques to explore and critically review a contemporary business issue or opportunity.
  2. Produce a project proposal to address a business issue or opportunity.
  3. Collaboratively review, assess and endorse a project proposal and proposed solutions.
  4. Communicate or pitch a project proposal to key stakeholders to gain support for adoption and implementation.

Overview of Learning Activities

Learning activities in this course are focused on the preparation of a project brief and may include the following:

  • Negotiating a work- related issue in consultation with your course coordinator/academic
  • Using online and other sources to obtain information about the issue and to explore different perspectives
  • Preparing a written draft and a final version of the project brief

This project may be undertaken as an individual or in a small group.

Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 

Depending on the nature of your project brief, additional industry-based resources and/or sources identified by your course coordinator/academic may be available to you.

Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 20%
Linked CLOs: 1, 3

Assessment Task 2: 30%
Linked CLOs: 1, 4

Assessment Task 3: 50%
Linked CLOs: 1, 2, 3, 4