Enrolments are closed.
Want to study Business and Management? with a student advisor to find out more.
Business and Economic Analysis
Postgraduate | RMI-OMBA800 | 2018
Course information for 2018 intake
Apply economic logic towards business decision-making. Enter academia and research economic theory. Engage in statistical analysis. Step outside of the business world and look at external influences like macroeconomic trends and government policies.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- -
FEE-HELP available
Business and Economic Analysis
About this subject
Upon successful completion of the subject you will be able to:
- Apply your knowledge of economics to the practice of management
- Analyse quantitative and qualitative information to assess risk implications in business decisions
- Interpret economic data and assess impact on business decisions
- Undertake independent academic research
- Present quantitative information in a clear simple and informative format.
- Business Economics
- Market Demand
- Market Equilibrium
- Market Failure
- Market Structure
- Monopoly Power
- Macroeconomic Forces
- The Aggregate Market
- Econometrics
- Firm Strategy
- Firm Integration
This subject will develop your ability to understand, analyse and use economic logic and data to inform business decision-making. You will investigate external environmental factors which affect business performance, such as macroeconomic trends and government policy. It also examines optimal business strategies in response to different external environments, such as pricing and product differentiation. The degree will develop your skills in statistical analysis. Through the application of these techniques you will develop a modern managerial approach to evaluating business arguments and making decisions.
- Individual Assignment (25%)
- Take home Exam (50%)
- Group Presentation (25%)
For textbook details check your university's handbook, website or learning management system (LMS).
One of Australia's largest dual-sector institutes, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 96,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
Learn more about RMIT University.
Explore RMIT courses.
- QS Ranking 2024:
- 11
- Times Higher Education Ranking 2024:
- 16
Entry requirements
To enrol in this subject, you must be admitted into a degree.
Prior study
To help set you up for success before you start this subject, we suggest completing or having equivalent knowledge in:
one of
RMI-OMBA770 (Not currently available)
- RMI-BUSM4536-Design Thinking for Business
Others
Please note: the listed pre-requisite is for MBA students only who must have successfully completed or currently be enrolled in OMBA770/BUSM4536; or enrol to study BUSM4536 and OMBA820 concurrently.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.