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Global Business Economics (BUSA90072)
Graduate courseworkPoints: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability(Quotas apply) | October |
---|---|
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 (such as those for financial assets, goods and services, labour, 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 set of frameworks and a method of reasoning.
Having completed the course, a student should be able to read The Australian Financial Review or The Economistintelligently, 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.
Intended learning outcomes
On completion of this subject, students should be able to:
- Obtain useful economic data and explain 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;
- Evaluate the role and motivations of central banks in conducting monetary policy;
- Evaluate the role and motivations of governments in conducting fiscal policy;
- Read a country’s balance of payments accounts and explain the factors governing exchange rate movements and the associated movements in the current and capital accounts.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
One of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
June (On Campus - Parkville)
Winter Term (On Campus - Parkville)
March (On Campus - Parkville)
Summer Term (On Campus - Parkville)
October (Online)
September (On Campus - Parkville)
March (On Campus - Parkville)
|
6.25 |
BUSA90481 | Managerial Ethics & Business Environment |
October (Online)
September (On Campus - Parkville)
Summer Term (On Campus - Parkville)
March (On Campus - Parkville)
April (On Campus - Parkville)
June (On Campus - Parkville)
|
6.25 |
OR
One of: BUSA90351 BUSA90350 BUSA90352 BUSA90354 BUSA90353
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Contribution to class learning
| Throughout the teaching period | 20% |
Syndicate assignment
| Second half of the teaching period | 30% |
Final examination
| End of the teaching period | 50% |
Last updated: 31 January 2024
Quotas apply to this subject
Dates & times
- October
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Pre teaching start date 26 September 2023 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during the pre-teaching period Teaching period 26 October 2023 to 26 November 2023 Last self-enrol date 2 October 2023 Census date 27 October 2023 Last date to withdraw without fail 10 November 2023 Assessment period ends 26 November 2023
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
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
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 - 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