Enrolments for 2021 have closed.
Economics for Managers
Postgraduate | TAS-BEA683 | 2021
Course information for 2021 intake View information for 2024 course intake
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 12 weeks
FEE-HELP available
Economics for Managers
About this subject
- Understand key economic concepts and their application in a business environment.
- Apply the economic way of thinking to explain simple economic events, decisions and actions.
- Communicate economic analyses and provide relevant recommendations for business and/or government policy decision making.
- Demand and supply
- Efficiency, demand elasticities
- Production costs
- Perfect competition
- Monopoly
- Measuring the size of the economy
- Inflation and unemployment
- A simple model of the macroeconomy
- Semester test (no lecture or workshop this week)
- Monetary policy
- The international economy
This subject provides managers with an introduction to a comprehensive range of key microeconomic and macroeconomic topics. The emphasis is on the practical application of basic economic concepts and models to real world business oriented problems. The subject will develop your ability to apply the economic way of thinking to solving problems within a firm and to understand the economic environment in which they operate.
- Test (25%)
- Final Exam (60%)
- Test (15%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Others
Available as "Open Access" with the requirement of a Bachelors degree.
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.