MBA703 - The Economic Environment


2023 unit information

Enrolment modes: Trimester 1: Online
Trimester 2: Burwood (Melbourne), Online
Credit point(s): 1
EFTSL value: 0.125
Cohort rule:

For students enrolled in D713, M701, M501, M543, M601, M703



Corequisite: Nil
Incompatible with: MBA712, MBT703, MBT712, MPE781, MPT781
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

Students will complete a weekly 2 hour module either in an on-campus/located environment or in an online setting.

Scheduled learning activities - cloud (online)

Online independent and collaborative learning activities including 1 x 2 hour scheduled online modules per week.


This unit introduces the principal concepts and frameworks to understand the operation of economies and markets in order to place firm strategy into a broader economic context. Tools and concepts to make firm-level decisions regarding pricing, production, and product development will be covered. The way people in economies interact with and influence how the economy works will also be addressed.

Unit Fee Information

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