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MAE103 - Managerial Economics

Enrolment modes:Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Cloud (online)
Previously coded as:Nil
EFTSL value:0.125
Unit chair:H Scarborough
Prerequisite:

Nil

Corequisite:

Nil

Incompatible with:

Nil

Contact hours:

1x2 hour class, 1x1 hour seminar per week

Note:

You will need to access substantial learning resources and experiences in CloudDeakin (Deakin’s online learning environment). Compliance with the Standards in computing, connectivity and student capability are a condition on your enrolment.

Content

Managerial economics examines how changes in the macroeconomic environment influence management decisions. The unit focuses on economic concepts, tools of analysis and their relevance in management decision making. Starting with an overview of changes in macro- economic indicators such as national income, population, interest rates, exchange rates and business cycles. The unit proceeds to examine how managers respond to these through changes in price, investment plans, production, sales, inventory and overall resource utilisation. A particular focus of the unit is to collect, analyse and interpret economic data to assist business decision making.

Assessment

Online tests 25%, Written assignment (Individual economic report 1500 words) 30%, Examination 45%

Unit Fee Information

Student Contribution Rate*Student Contribution Rate**Fee rate - Domestic Students Fee rate - International students
$1260$1260$2594$2754

* Rate for all CSP students, except for those who commenced Education and Nursing units pre 2010
** Rate for CSP students who commenced Education and Nursing units pre 2010
Please note: Unit fees listed do not apply to Deakin Prime students.

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