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GSB728 Economics for Management

Updated: 02 June 2010
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study Online Level
Armidale Trimester 2 Off Campus C - Internet access required
ISBT Sydney ISBT Semester 1 On Campus C - Internet access required
ISBT Sydney ISBT Semester 2 On Campus C - Internet access required
ISBT Sydney ISBT Summer On Campus C - Internet access required
TOP Sydney TOP - Trimester 1 On Campus C - Internet access required
TOP Sydney TOP - Trimester 2 On Campus C - Internet access required
TOP Sydney TOP - Trimester 3 On Campus C - Internet access required
Intensive School(s) None
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites candidature in GradCertAcct or GradCertMgt or GradDipAcct or GradDipMgt or MBA or MBus or MBusRes or MBusResHons or MPA or MPABus
Co-requisites None
Restrictions MBA728
Notes

Quotas apply to this unit: Trimester 2: 80 off-campus
Combined Units None
Coordinator(s) Phil Simmons (psimmons@une.edu.au)
Unit Description

This unit concentrates on those aspects of theoretical and applied microeconomics of most relevance to managers. Main themes include: the market system and what it can accomplish; market limitations; imperfectly competitive firms and industries; factors in the macroeconomic environment which impinge on management; and government involvement in the economy.
Prescribed Material
Mandatory 		Text(s):

Note: Students are expected to purchase prescribed material

Principles of Economics
ISBN: 9780733989056
Sloman, J. and Norris, K., Pearson Education 2nd ed. 2008
Text refers to: Trimester 2; ISBT Semesters 1,2 and Summer; TOP Trimesters 1,2 and 3 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
Assignment 1 30% Off Campus 1500
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1,2,3, 4 GA: 1, 6
Assignment 1 15% ISBT/TOP On Campus 1400
Assessment Notes
Essay
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1, 4 GA: 1, 2,3, 6
Assignment 2 15% ISBT/TOP On Campus 1400
Assessment Notes
Essay
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 2, 3 GA: 1, 2, 3, 6
Final Examination 2 hrs 70% ISBT/TOP On Campus
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1, 2, 3, 4 GA: 1, 6
Final Examination 2 hrs 70% Off Campus
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1,2,3, 4 GA: 1,2,3, 6

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. demonstrate an understanding of microeconomics: the nature of markets and the firm's pursuit of profits;
  2. demonstrate an understanding of economics and business decision-making in relation to employment, investment and organisations;
  3. demonstrate an understanding of macroeconomics: the factors which affect the level of activity in the economy as a whole, and the problems associated with regulating this level of activity;
  4. apply theories in relation to specific case materials.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
Embedded in T and L activities of the unit 		True True
2 Communication Skills
Essays 		True True True
3 Global Perspectives
Core exchange rates 		True True
6 Problem Solving
Examination 		True True True
   

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