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Managerial Economics (BUSA90193)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
January
July
September
Overview
Availability(Quotas apply) | January April July September |
---|---|
Fees | Look up fees |
Managerial economics is designed to provide you with the tools of economic reasoning for developing and evaluating strategic business options and to make better choices. To this end we discuss and develop the fundamental economic concepts and analytical skills required in managerial and strategic decision-making. Applications lie in bargaining, price setting, the analysis of different market environments, and the analysis of situations with asymmetric information. Many subjects—and in particular business strategy, finance, marketing, and negotiations—build upon the material learned in Managerial Economics. To benefit from these synergies you are encouraged to take Managerial Economics early in your program.
Intended learning outcomes
On completion of this subject, students should be able to:
- Possess fundamental economic analytical skills required in managerial decision making and apply them in solving business problems
- Correctly identify and evaluate different cost categories as drivers for managerial decision-making
- Accurately predict firm behaviours and market outcomes for different market environments such as those characterized by bargaining between agents, oligopoly structures, and commodity markets
- Be able to apply fundamental insights from game theory to business situations
- Effectively design strategies involving product differentiation and price customization for segmented consumer markets
- Predict market dynamics in competitive markets and in markets with entry barriers
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
Summer Term (On Campus - Parkville)
September (On Campus - Parkville)
February (On Campus - Parkville)
June (On Campus - Parkville)
April (On Campus - Parkville)
|
6.25 |
BUSA90481 | Social Responsibility and Ethics |
Summer Term (On Campus - Parkville)
February (On Campus - Parkville)
Winter Term (On Campus - Parkville)
March (On Campus - Parkville)
September (On Campus - Parkville)
|
6.25 |
Corequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90060 | Data Analysis |
September (On Campus - Parkville)
January (On Campus - Parkville)
April (On Campus - Parkville)
July (On Campus - Parkville)
|
12.5 |
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
Catherine de Fontenay and Onur Ozgur:
- Weekly problem Sets (10%)
- Throughout subject
- Mid-term (30%)
- 1 hour
- Final examination (60%)
- Hurdle requirement
- 2.5 hours
- End of subject
Sven:
- Class participation and contribution to learning (10%)
- Throughout subject
- Quizzes (30%)
- Final examination (60%)
- Hurdle requirement
- 2.5 hours
- End of subject
Bogac Celen:
- Weekly problem Sets (25%)
- Throughout subject
- Mid-term (25%)
- 1 hour
- Final examination (50%)
-
- Hurdle requirement
- 2.5 hours
- End of subject
EMBA:
- Problem set 1 (10%)
- Problem set 2 (20%)
- Mid-term test (40%)
- 1.5 hours
- Hurdle requirement
- Final assessment (30%)
- End of subject
Last updated: 3 November 2022
Quotas apply to this subject
Dates & times
- January
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 8 January 2018 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 15 January 2018 to 22 March 2018 Last self-enrol date 19 November 2017 Census date 29 January 2018 Last date to withdraw without fail 2 March 2018 Assessment period ends 30 March 2018 January contact information
- April
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 2 April 2018 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 9 April 2018 to 14 June 2018 Last self-enrol date 4 February 2018 Census date 20 April 2018 Last date to withdraw without fail 25 May 2018 Assessment period ends 20 June 2018 - July
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 25 June 2018 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 2 July 2018 to 6 September 2018 Last self-enrol date 29 April 2018 Census date 13 July 2018 Last date to withdraw without fail 17 August 2018 Assessment period ends 14 September 2018 July contact information
- September
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 17 September 2018 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 24 September 2018 to 29 November 2018 Last self-enrol date 22 July 2018 Census date 5 October 2018 Last date to withdraw without fail 9 November 2018 Assessment period ends 3 December 2018 September contact information
Additional delivery details
This subject is only available to students admitted to GD-BA, MC-BAPT, MC-BAPTME, 294PN, or students with permission of the MBA course coordinator
This subject has a quota of 80 students. Students will be selected on a first come, first serve basis. However if any student is approaching their completion date, they will get priority in enrolment.
This subject is equivalent to BUSA90194 in MC-BAPTME
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Subject notes
This subject is only available to students admitted to GD-BA, MC-BAPT, MC-BAPTME, 294PN, or students with permission of the MBA course coordinator
- Related Handbook entries
This subject contributes to the following:
Last updated: 3 November 2022