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Global Business Economics (BUSA90074)
Graduate courseworkPoints: 12.5On Campus (Parkville) and Dual-Delivery (Parkville)
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About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability(Quotas apply) | January - Dual-Delivery April - Dual-Delivery September - On Campus |
---|---|
Fees | Look up fees |
Global Business Economics examines the broad environment in which firms operate and explains factors that affect the output growth, inflation, unemployment, interest rates, and exchange rates of a country in a globalized world. These economy-wide variables are beyond a firm’s control but critically influence the decision-making of any firm. The course presents a macroeconomic framework to illustrate the dynamic inter-connections among markets (e.g. those for financial assets, goods and services, labor, and money) and government policies. With the aid of country case studies and current policy research, the course aims to demonstrate that economics is not primarily a set of answers but a method of reasoning.
Having completed the course, a student should be able to read The Australian Financial Review or The Economist intelligently, and make informed judgements on questions of economic policy. The course seeks to demystify economics and to enable students to form their own opinions on economic issues. A related aim is to prepare future general managers to deal with professional economists, both those on their own staff and those in government. A student who completes this course should never again be intimidated by economists or economics.
The course will be aimed at students with little or no background in economics, though students who have completed some undergraduate courses in macroeconomics will benefit from the more practical nature of this course.
Intended learning outcomes
On completion of this subject students should:
- understand basic economic terminology and concepts;
- describe the forces governing economic growth and fluctuations in GDP;
- use economic models to explain business cycle fluctuations, unemployment, and inflation;
- understand the determinants of unemployment and inflation;
- explain the role and motivations of central banks in conducting monetary policy;
- understand the factors governing exchange rate movements and associated movements in current and capital accounts of the balance of payments.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
April (On Campus - Parkville)
September (On Campus - Parkville)
March (Dual-Delivery - Parkville)
June (Dual-Delivery - Parkville)
|
6.25 |
BUSA90481 | Managerial Ethics & Business Environment |
March (On Campus - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
6.25 |
BUSA90060 | Data Analysis |
September (On Campus - Parkville)
July (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
12.5 |
Corequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90193 | Managerial Economics |
January (Dual-Delivery - Parkville)
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
September (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: 31 January 2024
Assessment
April
Description | Timing | Percentage |
---|---|---|
4 x quizzes
| Throughout the teaching period | 10% |
Syndicate report and presentation; 2,000 word report and 15 minute presentation. Report due week 8; presentation either week 7, 8 or 9 | From Week 7 to Week 9 | 40% |
Final examination; 2 hours and 15 minutes
| End of the teaching period | 50% |
January
Description | Timing | Percentage |
---|---|---|
8 short tests | Throughout the teaching period | 20% |
Syndicate report and presentation; 2,000 word report and 10 minute presentation | 20% | |
Final examination Hurdle requirement | End of the teaching period | 60% |
June
Description | Timing | Percentage |
---|---|---|
Class contribution
| Throughout the teaching period | 10% |
Case preparation and discussion
| Throughout the teaching period | 10% |
Syndicate report and presentation; Equivalent to 2,000 words per individual
| During second module | 40% |
Individual assignment
| After completion of first module | 40% |
Additional details
Mark Crosby and Nilss Olekalns: (January)
- 8 short tests (20%)
- Throughout subject
- Syndicate report and presentation (20%)
- 2,000 word report and 10 minute presentation
- Final examination (60%)
- Hurdle requirement
- End of subject
Andrew John: (April)
- 4 x quizzes (10%)
- 15 minutes each
- Throughout subject
- Syndicate report and presentation (40%)
- 2,000 word report and 15 minute presentation
- Report due week 8; presentation either week 7, 8 or 9
- Final examination (50%)
-
- Hurdle requirement
- 2 hours and 15 minutes
- End of subject
EMBA: (June)
- Class contribution (10%)
- Equivalent to 500 words
- Throughout subject
- Case preparation and discussion (10%)
- Equivalent to 500 words
- Throughout subject
- Syndicate report and presentation (40%)
- Equivalent to 2,000 words per individual
- During second module
- Individual assignment (40%)
- Hurdle requirement
- 2,000 words
- After completion of first module
Last updated: 31 January 2024
Quotas apply to this subject
Dates & times
- January - Dual-Delivery
Mode of delivery Dual-Delivery (Parkville) Contact hours Total time commitment 170 hours Pre teaching start date 10 January 2022 Pre teaching requirements students are required to complete approximately 15 hours of reading to prepare for the subject during pre-teaching period Teaching period 17 January 2022 to 25 March 2022 Last self-enrol date 12 December 2021 Census date 28 January 2022 Last date to withdraw without fail 4 March 2022 Assessment period ends 1 April 2022 - April - Dual-Delivery
Mode of delivery Dual-Delivery (Parkville) Contact hours Total time commitment 170 hours Pre teaching start date 4 April 2022 Pre teaching requirements students are required to complete approximately 15 hours of reading to prepare for the subject during pre-teaching period Teaching period 11 April 2022 to 17 June 2022 Last self-enrol date 6 February 2022 Census date 22 April 2022 Last date to withdraw without fail 27 May 2022 Assessment period ends 24 June 2022 - September - On Campus
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Pre teaching start date 19 September 2022 Pre teaching requirements students are required to complete approximately 15 hours of reading to prepare for the subject during the pre-teaching period Teaching period 26 September 2022 to 2 December 2022 Last self-enrol date 17 July 2022 Census date 7 October 2022 Last date to withdraw without fail 11 November 2022 Assessment period ends 9 December 2022
Additional delivery details
This subject is only available to students admitted to GD-BA, MC-BAPT, MC-BAPTME, 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 BUSA90072 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, or students with permission of the MBA Course coordinator
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Business Administration Course Graduate Diploma in Business Administration Course Master of Business Administration - 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