2020 unit information
Classes and seminars in Trimester 2, 2020 will be online.
Last updated: 2 June 2020
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 2 hour class, 1 x 1 hour seminar per week
Online independent and collaborative learning activities including 3 scheduled online seminars
This unit introduces the business fundamentals, economic principles, market foundations that should not be neglected by managers and investors and the methodology of developing strategies for ensuring efficient economic operations. In particular, the following four issues will be addressed:
These are the Learning Outcomes (ULOs) for the Unit
At the successful completion of this unit students can:
Understand various ways of structuring and organizing the production of a firm
GLO1: Discipline-specific knowledge and capabilitiesGLO4: Critical thinkingGLO5: Problem Solving
Evaluate the market and recognizing opportunities under competition
Design strategies to achieve efficient operations under various restrictions and constraints
Understand the role of economics in the workplace
GLO6: Self-managementGLO8: Global citizenship
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment 1: Project
(i) Group of 3 - short answer questions
(ii) Group of 3 - Report (Business)
(iii) Individual - Written reflection (self)
(i) 900 words
(iii) 600 words
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.
The texts and reading list for the unit can be found on the University Library via the link below: MAE214 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.
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