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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 (login required)(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
- 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)
April (On Campus - Parkville)
Summer Term (On Campus - Parkville)
June (On Campus - Parkville)
April (On Campus - Parkville)
|
6.25 |
BUSA90481 | Managerial Ethics & Business Environment |
April (On Campus - Parkville)
June (On Campus - Parkville)
April (On Campus - Parkville)
September (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
6.25 |
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90060 | Data Analysis |
January (On Campus - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
April (On Campus - Parkville)
|
12.5 |
BUSA90060 is a concurrent pre-requisite and can be done concurrently with the subject
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
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
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 8 January 2024 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 2024 to 22 March 2024 Last self-enrol date 10 December 2023 Census date 2 February 2024 Last date to withdraw without fail 1 March 2024 Assessment period ends 29 March 2024 January contact information
- April
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 1 April 2024 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 8 April 2024 to 14 June 2024 Last self-enrol date 4 February 2024 Census date 19 April 2024 Last date to withdraw without fail 24 May 2024 Assessment period ends 21 June 2024 - July
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 24 June 2024 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 1 July 2024 to 6 September 2024 Last self-enrol date 21 April 2024 Census date 12 July 2024 Last date to withdraw without fail 16 August 2024 Assessment period ends 13 September 2024 July contact information
- September
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 16 September 2024 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 23 September 2024 to 29 November 2024 Last self-enrol date 14 July 2024 Census date 4 October 2024 Last date to withdraw without fail 8 November 2024 Assessment period ends 6 December 2024 September contact information
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, 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:
Type Name Course Master of Marketing Course Master of Business Administration Course Master of Marketing Course Master of Business Administration Course Graduate Diploma in Business Administration Course Master of Marketing Course Master of Engineering Management - 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