Economics for Managers G (6234.5)

Please note these are the 2023 details for this unit
Home
/
Find your course
/
Economics for Managers G
Available teaching periods Delivery mode Location
View teaching periods On-campus
 Bruce, Canberra
Bhutan
Ningbo, China
Shanghai, China
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
Canberra School Of Politics, Economics And Society Graduate Level Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
The content of this subject is especially designed for graduate students and provides an examination of economic principles and theories essential to an understanding of current economic problems and economic policy analysis. The syllabus includes both microeconomics and macroeconomics. The essentials of microeconomics are examined including the theory of market systems and the price mechanism, consumer demand theory, resource allocation and the theory of the firm concentrating on production and cost analysis principles. The macroeconomics component examines the inter-relationship between the main economic variables. Microeconomic reform and fiscal and monetary policy measures are examined and related to economic problems of unemployment, inflation and slow economic growth.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Explain and apply fundamental economic theories and concepts to the management of a business;

2. Critically analyse the economic context in which business operates
3. Evaluate the economic and policy environment both in Australia and internationally and apply to the decision making of businesses.


Graduate attributes

1. ºÚÁϳԹÏÍø graduates are professional - employ up-to-date and relevant knowledge and skills
1. ºÚÁϳԹÏÍø graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. ºÚÁϳԹÏÍø graduates are professional - communicate effectively
1. ºÚÁϳԹÏÍø graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems


Prerequisites

NONE.

Corequisites

NONE.

Incompatible units

NONE.

Equivalent units

NONE.

Assumed knowledge

NONE.
Availability for enrolment in 2025 is subject to change and may not be confirmed until closer to the teaching start date.
Year Location Teaching period Teaching start date Delivery mode Unit convener
2024 Bruce, Canberra Semester 1 05 February 2024 On-campus Dr John Hawkins
2024 Bhutan MBA Trimester 2 03 June 2024 On-campus Dr Raymond Li
2024 Bruce, Canberra Semester 2 29 July 2024 On-campus Mr Kencho Kencho
2024 Ningbo, China MBA Trimester 3 08 October 2024 On-campus Dr Ben Freyens
2024 Shanghai, China MBA Trimester 3 08 October 2024 On-campus Dr Ben Freyens
2025 Bruce, Canberra Semester 1 03 February 2025 On-campus Dr John Hawkins
2025 Bhutan MBA Trimester 2 03 June 2025 On-campus Dr Raymond Li
2025 Bruce, Canberra Semester 2 28 July 2025 On-campus Dr John Hawkins
2025 Ningbo, China MBA Trimester 3 07 October 2025 On-campus Dr Ben Freyens
2025 Shanghai, China MBA Trimester 3 07 October 2025 On-campus Dr Raymond Li
Not available

Required texts

You must have ready access to the prescribed textbook:

 N. Gregory Mankiw, Principles of Economics (8th edition), Copyright 2018, South-Western, Cengage Learning.

Useful websites include:

  •                                                       
  •                                                                
  •  (Australian Economic Review)
  •  (US National Bureau of Economic research)
  •  (US Bureau of Labor Statistics)
  •  (Australian Financial Review)
  • (Australian Industrial Relations Commission)
  •  for economic resources
  •  (Economic Analytical Unit)

Students must apply academic integrity in their learning and research activities at ºÚÁϳԹÏÍø. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

ºÚÁϳԹÏÍø students have to complete the annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

ºÚÁϳԹÏÍø uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Participation requirements

Regular attendance and participation at the classes is strongly recommended as this is likely to improve performance in the quizzes, essay and the final examination. 

Required IT skills

Word-processing; internet searching.

Work placement, internships or practicums

None