Economics for Managers
PostgraduateTAS-BEA6832025
Previously TAS-BEA603
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Start dates
- 24 Feb 2025
- Loan available
- HECS-HELP and FEE-HELP available
Economics for Managers
About this subject
Upon completion of this subject, the student should be able to:
- Critically assess key economic concepts and their application in a business environment.
- Appraise and apply the economic way of thinking to explain simple economic events, decisions and actions.
- Organise and communicate economic analyses and provide relevant recommendations for business and/or government policy decision making.
- Module 1: Introduction to Economics
- Module 2: Demand and Supply
- Module 3: Economic Efficiency and Externalities
- Module 4: Elasticity of Demand
- Module 5: Production Costs
- Module 6: Perfect Competition
- Module 7: Monopoly
- Module 8: Measuring the Size of the Economy
- Module 9: Inflation and Unemployment
- Module 10: A Simple Model of the Macroeconomy
- Module 11: Money, Banking and Monetary Policy
- Module 12: Monetary Policy and Exchange Rates
- Module 13: International Trade
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 understanding of the economic environment in which they operate.
- Quizzes x 12 (40%)
- Assignment 1: Report (30%)
- Assignment 2: Report (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-PFA-GCE-2025 - Graduate Certificate in Professional Accounting
- TAS-PFA-GDI-2025 - Graduate Diploma of Professional Accounting
Elective
- TAS-MPA-MAS-2025 - Master of Professional Accounting
Additional requirements
- Software requirements - Microsoft Word and Excel will be needed to complete assessment.
- Other requirements - Teaching Arrangement: Introductory tutorial (wk 1), Weekly 1-hour Zoom workshop (wks 2-13).
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.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Certificate in Professional Accounting
PostgraduateTAS-PFA-GCE
Graduate Diploma of Professional Accounting
PostgraduateTAS-PFA-GDI
Master of Professional Accounting
PostgraduateTAS-MPA-MAS