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MAE201 - Competition and Industry

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Cloud (online)
Trimester 2: Burwood (Melbourne), Cloud (online)
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Hao Jia
Trimester 2: Samarth Vaidya
Prerequisite:MAE101
Corequisite:Nil
Incompatible with: MAE206
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

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

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit aims to extend microeconomics theory introduced in MAE101 to further explain the behaviour of consumers and firms in the market system. The topics studied at an intermediate level include: consumer decisions; the firm and models of production; strategic choices and the influence of markets structures on price and output levels among others. The unit allows for a more sophisticated understanding of how various policy levers can affect individual choices and welfare.

 

These are the Learning Outcomes (ULO) for this Unit
At the completion of this Unit, successful students can:

Deakin Graduate Learning Outcomes

ULO1

Analyse individual decision making by consumers and firms and how various market structures affect economic efficiency.

GLO1: Discipline-specific knowledge and capabilities

ULO2

Apply relevant microeconomic theories to evaluate real-world managerial and policy issues.

GLO5: Problem solving

ULO3

Analyse economic issues using geometric and quantitative tools.

GLO5: Problem solving

ULO4

Communicate microeconomic issues effectively through written English.

GLO2: Communication

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

:
Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (individual): Online Multiple Choice Quiz x 2 - 20% (10% each) Information not yet available.
Assessment 2 (individual): Problem-based Written Assignment 1,500 words 20% Week 7
Examination (closed book) 2-hours 60% Exam 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 40% of the marks available on the examination

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAE201 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

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