MPE781 - Economics for Managers
Unit details
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Yan Liang Trimester 2: Umair Khalil |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MBA703, MBA712, MBT703, MPEQ781, MPT781 |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 3 hour on-campus seminar (recordings provided) each week. |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 3 hour recorded seminar each week and 1 x 1 hour scheduled online seminar in weeks 4, 7 and 10. |
Content
Study Economics for Managers to unlock the power of the economy and succeed in business. This unit teaches you to analyse market forces, weigh trade-offs, and make informed decisions that drive growth and success for businesses. Key topics include understanding the business environment, competition, economic indicators, monetary and fiscal policy, and a global perspective. Gain insights into the forces that shape the business landscape, anticipate changes in various markets, and manage risk in an environment of shifting policies.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Interpret and apply basic principles of microeconomics (individuals and agents) and macroeconomics (the economy as a whole). | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Use economic principles to propose solutions to business problems. | GLO5: Problem solving |
| ULO3 | Critically evaluate existing economic theories in the context of contemporary national and international circumstances. | GLO4: Critical thinking GLO8: Global citizenship |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Problem Based Written Assignment | 3000 words | 40% | Week 8 |
| Examination - Specified resources | 2 hours | 60% | End-of-unit assessment period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MPE781 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
Use the Fee estimator to see course and unit fees applicable to your course and type of place.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.