Strategic Thinking is the art of outdoing an adversary, knowing that the adversary is trying to do the same to you. All of us must practise strategic thinking at work as well as in everyday life. As a business manager, political adviser, lawyer and in the day-today pursuits of life (such as buying a car) you will be trying to win the competition. This unit is about the basic principles you can adopt in the attempt to become a better competitive strategist in business and daily life. The unit draws these principles from the fields of business, politics, law, sports, warfare, fiction, and modern art form such as the movies. You will play various games with your peers as one way of learning the basic principles of game theory. This unit is an elective in the Bachelor of Economic (BEc) degree, but a core unit in the Business Economics major in the Bachelor of Business (BBus).
|Unit name||Thinking Strategically: The Competitive Edge|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Economics and Finance|
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
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|Study Period||Start date||Census date||WW date||End date|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.
- LO1: Construct an extensive or strategic form.
- LO2: Solve for various equilibrium concepts in various games.
- LO3: Communicate economics in a written format.
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|1||2020: $835.00||2020: $2,445.00||100707|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
You cannot enrol in this unit as well as the following:
1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.
Weekly quiz (20%), Test (15%), Workshop participation (5%), Final exam (60%).
|Timetable||View the lecture timetable | View the full unit timetable|
It is essential that you have ready access to the following prescribed texts. Note that weekly readings will be drawn largely from these two texts.
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.