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MAE201 - Competition and Industry

Year:

2022 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online
Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Samarth Vaidya
Trimester 2: Acelya Altuntas
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 1.5 hour online class per week and 1 x 1.5 hour seminar per week

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit extends microeconomics topics introduced in MAE101 to develop a deeper understanding of how consumers and firms make optimal decisions and how economic welfare changes under various market structures. The unit also introduces the fundamentals of decision making under strategic interdependence in a variety of (non-) market settings involving individuals and firms. In the unit’s assessment, students get an opportunity to analyse and reflect on topical contemporary issues and policy challenges. Some past examples include (i) impact of urbanisation and female labour-force participation on family food choices across the world and the implications for climate change (ii) economic logic behind a tendency towards outsourcing and off-shoring of production by businesses in USA and Western Europe (iii)

ULO 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) Self evaluation

-

 5 %

To be confirmed

Assessment 2: (Individual) Online Multiple-Choice Quiz x 2 - 20% (10% each)

To be confirmed

Assessment 3: (Individual) Problem based written assignment 1500 words 20%

To be confirmed

Examination (Open Book) 2 hours 55% 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 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: 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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