Postgraduate CUR-GCB500-2022

Economics for Managers

Study economic principles and apply them to the business world. Chart the fluctuations of economic supply and demand. Get to the details of macroeconomic policy. See how economic theory can help unpack government policy and drive business decisions.

Duration

13 weeks

Study method

100% Online

Available loans

FEE-HELP

Assessments

100% online

Prior study

Not required

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2022

Subject details

What you'll learn

At the completion of this subject students will be able to:

critically evaluate economic information and policy through the application of key theoretical models which underlie contemporary economic analysis
formulate critical policy questions for research, analysis and evaluation drawing on established theory and using publicity accessible economic data, commentary and academic literature
communicate and effectively interpret economic information and arguments in a manner appropriate to the audience
investigate and analyse the importance of economic institutions in a country other than Australia and critically evaluate their implications for economic policy and business practises.

Topics covered

- Introduction to Economics
- Part 1: Demand, Supply and Elasticity
- Part 2: Consuming and Producing
- Part 1: The Competitive Firm
- Part 2: Market Structures
- Externalities, public goods and the public sector
- Macroeconomic issues and economic growth
- Business cycles and Aggregate Demand
- International Trade
- International Finance
- Macroeconomic policy (1)
- Macroeconomic policy (2)
- Macroeconomic policy and revision

Entry requirements

In order to enrol in this subject, you must be accepted into one of the following degrees:

Elective

OUA-PSU-GCE-2022
UNE-PRO-GCE-2022

Additional requirements

No additional requirements

Description

Students who successfully complete this subject will be able to apply economic theory in the analysis and critique of business decisions and government policy, discuss sources of business cycle fluctuations and critique various stabilisation alternatives and access and interpret current economic statistics and debate key economic and political aspects of globalisation.

Please Note: If it’s your first time studying a Curtin University subject you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your subject grades will be withheld.

Find out more about the Academic Integrity module.

Assessments

Case Study (45%)
Test (25%)
Analysis Task — Contemporary Analysis (30%)

Textbooks

Related degrees

Postgraduate OUA-PSU-GCE-2022

Postgraduate Single Subjects

Postgraduate UNE-PRO-GCE-2022

Graduate Certificate in Professional Practice