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Managerial Economics (MGMT90043)
Graduate courseworkPoints: 12.5Not available in 2020
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
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This subject provides the core concepts of price theory, and economic policy and management for professional managers. It provides students with the knowledge of rational micro- and macro- frameworks that are necessary for professional managers to be effective in decision making and resource allocation.
Intended learning outcomes
- Students who successfully complete this subject should:
- Be able to use price theory analysis to solve economics problems, make sound decisions and allocate resources
- Understand the ‘theory of the firm’ and competition and regulatory frameworks in markets of different types
- Understand the concepts of economic value in markets
- Understand key elements of government policy and government – business dynamics in a national and global context
Generic skills
On successful completion of this subject students should have enhanced their skills in:
- Ethical behaviour in leadership and organisations
- Analysis and problem solving
- Capacity for intellectual curiosity, creativity and independent thought
- Communication of key ideas and theories within the discipline areas
- Capacity for effective teamwork and collaboration
- Information retrieval and application in relation to practical problems.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Entry into the Master of Enterprise or the Master of Supply Chain Management.
Corequisites
None
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
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Take-home exam
| Due on the Tuesday after the delivery | 20% |
Assignment
| 4 Weeks after the end of teaching | 30% |
Field project
| 8 Weeks after the end of teaching | 50% |
Last updated: 3 November 2022
Dates & times
Not available in 2020
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Course materials and readings will be provided to all participants
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Enterprise Course Graduate Diploma in Enterprise Course Master of Supply Chain Management Course Graduate Certificate in Enterprise Course Graduate Diploma in Supply Chain Management - Links to additional information
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022