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MAE314 - Economic Strategy for Business

Unit details

Year2016 unit information
Enrolment modes:
Credit point(s):1
EFTSL value:0.125
Unit chair:

CJ Sun

Prerequisite:MAE101 and MAE102
Incompatible with: Nil
Contact hours:

1 x 2 hour class, 1 x 1 hour seminar per week


This unit focuses on economic strategy, with a particular emphasis on business. We begin by analysing the art and science of strategy. Simple game theory will be introduced, clearly distinguishing between conflict and co-operation. The unit will then examine the following key questions: How can an agent negotiate successfully? What is the role of information and how can it be exploited in order to gain bargaining power? How can a contract be written in order to create appropriate incentives? How can a manager be strategic?


Written Assignment 2500 words 25%

Test (mid-term) 25%

Examination 2 hours 50%

Hurdle requirement: achieve at least 50% of the marks available on the examination

Unit Fee Information

All Commonwealth Supported Place (CSP), fee paying undergraduate and pre-2016 commencing students

Unit fee information available soon

2016 commencing International and full fee paying postgraduate domestic students

Your units are priced based on the course you are enrolled in. Please refer to the current year's course entry to estimate the unit cost.

You can calculate the cost of each unit by using the following calculation:

Course fee x unit EFTSL value = unit price

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