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Managerial Economics (BUSA90193)
Graduate courseworkPoints: 12.5On Campus (Parkville) and Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
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 - Dual-Delivery April - Dual-Delivery July - On Campus September - On Campus |
---|---|
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
- apply the understanding of different cost categories to managerial decisions such as pricing and creating competitive advantage
- Accurately predict firm behaviours and market outcomes for different market environments such as those characterized by bargaining between agents, oligopoly structures, and commodity markets
- 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: 31 January 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
September (On Campus - Parkville)
Summer Term (Dual-Delivery - Parkville)
March (Dual-Delivery - Parkville)
March (Dual-Delivery - Parkville)
June (On Campus - Parkville)
|
6.25 |
BUSA90481 | Managerial Ethics & Business Environment |
April (Dual-Delivery - Parkville)
September (On Campus - Parkville)
July (On Campus - Parkville)
Summer Term (Dual-Delivery - Parkville)
March (Dual-Delivery - Parkville)
|
6.25 |
Corequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90060 | Data Analysis |
July (On Campus - Parkville)
January (Dual-Delivery - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - 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: 31 January 2024
Assessment
April
Description | Timing | Percentage |
---|---|---|
Weekly problem sets
| Throughout the teaching period | 10% |
Mid-term
| During the teaching period | 30% |
Final examination
| End of the teaching period | 60% |
January
Description | Timing | Percentage |
---|---|---|
Class participation and contribution to learning | Throughout the teaching period | 10% |
Quizzes
| Throughout the teaching period | 30% |
Final examination
| End of the teaching period | 60% |
June
Description | Timing | Percentage |
---|---|---|
Weekly problem sets
| Throughout the teaching period | 25% |
Mid-term
| During the teaching period | 25% |
Final examination
| End of the teaching period | 50% |
Additional details
Catherine de Fontenay and Onur Ozgur: (April)
- Weekly problem Sets (10%)
- Throughout subject
- Mid-term (30%)
- 1 hour
- Final examination (60%)
- Hurdle requirement
- 2.5 hours
- End of subject
Sven: (January)
- Class participation and contribution to learning (10%)
- Throughout subject
- Quizzes (30%)
- Final examination (60%)
- Hurdle requirement
- 2.5 hours
- End of subject
Bogac Celen: (June)
- 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: 31 January 2024
Quotas apply to this subject
Dates & times
- January - Dual-Delivery
Mode of delivery Dual-Delivery (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 11 January 2021 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 18 January 2021 to 26 March 2021 Last self-enrol date 13 December 2020 Census date 29 January 2021 Last date to withdraw without fail 5 March 2021 Assessment period ends 2 April 2021 January contact information
- April - Dual-Delivery
Mode of delivery Dual-Delivery (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 5 April 2021 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 12 April 2021 to 18 June 2021 Last self-enrol date 7 February 2021 Census date 23 April 2021 Last date to withdraw without fail 28 May 2021 Assessment period ends 25 June 2021 - July - On Campus
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 28 June 2021 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 5 July 2021 to 10 September 2021 Last self-enrol date 25 April 2021 Census date 16 July 2021 Last date to withdraw without fail 20 August 2021 Assessment period ends 17 September 2021 July contact information
- September - On Campus
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 20 September 2021 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 27 September 2021 to 3 December 2021 Last self-enrol date 18 July 2021 Census date 8 October 2021 Last date to withdraw without fail 12 November 2021 Assessment period ends 10 December 2021 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: 31 January 2024
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:
- 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: 31 January 2024