MBT703 - The Economic Environment (Tour)
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 3: Study Tour |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | For students enrolled in M501, M543, M601, M701, M703 and M743 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MBA703, MBA712, MBT712, MPE781, MPT781 |
| Study commitment | Students will on average spend 150 hours over the trimester undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| In-person attendance requirements | There will be 20 hours of classes and 10 hours of seminars. In addition, the experiential learning component will include visits to international businesses, related to themes of the course. These visits will involve approximately 18 hours. |
| Note: | Faculty-led Study Tours are by application only and have limited places available. Visit the Business and law study abroad website for further information and how to apply. Please contact the Faculty WIL team at bl-wil@deakin.edu.au for any enquiries. |
Content
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 under different market structure, short run and long run production 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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