MBA703 - The Economic Environment
Unit details
| Year | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Online Trimester 2: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Samarth Vaidya Trimester 2: Shuddha Rafiq |
| Cohort rule: | This unit is only available to students enrolled in M701, M501, M543, M601, M703 and M743 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MBA712, MBT703, MBT712, MPE781, MPT781 |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | Students will complete a weekly 2 hour module either in an on-campus/located environment or in an online setting. |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 2 hour online seminar (recordings provided) each week. |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
Note:Title change from Trimester 2 2025: CREATING VALUE FOR SUSTAINABLE BUSINESS PRACTICE | |
Content
Deviating from traditional models of money and credit, this unit examines pathways for sustainable environmental practices. It links economic concepts to deal with the sustainable use of common-pool resources. The unit addresses the valuation of environmental and natural resources aligned with the UN (United Nations) sustainability goals and the development of environmental and financial sustainability concepts and practices with First Nations communities. This unit also examines how to design an environmentally sustainable supply chain. Case studies from various parts of the world and insights from practitioners will inform the concepts of environmentally sustainable decision making
Learning outcomes
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Explain how the economy works in both the short-term and the long-term. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Analyse how external influences (e.g. technology, politics, natural disasters) impact on the operation of markets and economies. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Apply economic concepts to propose firm-level decisions in relation to pricing, product development, and production. | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Evaluate the implications of strategic interactions between the various economic agents. | GLO1: Discipline-specific knowledge and capabilities |
From Trimester 2 2025
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Understand and evaluate value creation and sustainable business practice. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Analyse and reflect on sustainable knowledges and practices of common pool resources in relation to First Nations communities. | GLO4: Critical thinking GLO8: Global citizenship |
| ULO3 | Critically evaluate the roles of business and government in sustainable business practices. | GLO4: Critical thinking |
| ULO4 | Assess and evaluate potential solutions to develop supply chain and technology strategies for the business. | GLO5: Problem solving |
Assessment
Trimester 1:| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Online Multiple-Choice Quiz | 40 minutes | 15% | Week 6 |
| Assessment 2: (Individual) Case Study (Written Report Analysis) | 2000 words | 40% | Week 9 |
| Assessment 3: (Individual) Case Study (Written Report Analysis) | 3000 words | 45% | Week 11 |
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Case Analysis | 1500 words | 30% | Week 6 |
| Assessment 2: (Individual) Case Analysis | 1500 words | 30% | Week 9 |
| Assessment 3: (Individual) Written Reflection (Self) | 2000 words | 40% | Week 11 |
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.
Learning resource
The texts and reading list for MBA703 can be found via the University Library.
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
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.