Course Title: Principles of Social Impact

Part A: Course Overview

Course Title: Principles of Social Impact

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance and Marketing


Sem 1 2023,
Sem 2 2023,
Sem 1 2024

Course Coordinator: Dr Avni Misra

Course Coordinator Phone: By appointment via email

Course Coordinator Email:

Course Coordinator Location: Melbourne Campus Building 80

Course Coordinator Availability: By appointment via email

Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study:
BUSM2562 Understanding the Business Environment
BUSM2567 Business Decision Making
BUSM2572 Business in Society
BUSM2577 Integrated Perspectives on Business Problems

Course Description

In this course, you will gain both breadth and depth of knowledge and understanding of the main principles, theories and concepts related to social impact and responsible business practice in the business context. You will be introduced to relevant theories from management and innovation, economics, marketing, finance, accounting, and law which allows a broad understanding of social impact in the business discipline. It takes specific disciplinary concepts, theories and principles, and helps you connect this back to the overarching stakeholder theory you have been introduced to in the Bachelor of Business foundation course Business and Society. It thereby provides a deepened foundational understanding of social impact and socially responsible business practice that allows you to successfully achieve learning outcomes in the core courses for the social impact major and minor. You will develop critical thinking skills allowing you to analyse and evaluate socially impactful and responsible business practice from different business disciplinary lenses. You will also gain conceptual thinking skills in this course, such that you will be able to connect the different disciplinary lenses back to an overarching theoretical understanding of social impact and responsible business practice.

Objectives/Learning Outcomes/Capability Development


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

CLO1: Analyse and question business practices utilising theories, concepts and principles of social impact from different business disciplines.
CLO2: Understand how different concepts, theories and principles are connected to explain and drive socially impactful and responsible business practices.
CLO3: Articulate and explain different business perspectives on social impact and responsible business practice.
CLO4: Apply different disciplinary business theories, concepts and principles to assess the status of socially impactful and responsible business practices adopted by organisations world-wide.

Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various learning activities. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Peer-to-peer learning will occur through active participation in group-based activities, critical peer review exercises, and discussions; and sharing of work and resources.

Overview of Learning Resources

Various learning resources are available online through the RMIT Student Website. The lecture notes and workshop notes are posted on Canvas.

RMIT Library provides extensive resources, services and study spaces. All RMIT students have access to scholarly resources including course related material, books, e-books, journals and databases.

Computers and printers are available at every Library. You can access the Internet and Library e-resources. You can also access the RMIT University wireless network in the Library. Contact: Ask the Library for assistance and information on Library resources and services: Study support is available for assistance with assignment preparation, academic writing, information literacy, referencing, maths and study skills. 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.

Overview of Assessment

Assessment Task 1: 20%
Linked CLOs 1

Assessment Task 2: 40%
Linked CLOs 2,3

Assessment Task 3: 40%
Linked CLOs 3,4