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.
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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.
- 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
In order to enrol in this subject, you must be accepted into one of the following degrees:
No additional requirements
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.
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Find out more about the Academic Integrity module.
- Case Study (45%)
- Test (25%)
- Analysis Task — Contemporary Analysis (30%)