Courses & Units

Thinking Strategically: The Competitive Edge BEA236

Hobart

Note:

Introduction

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).

Summary

Unit name Thinking Strategically: The Competitive Edge
Unit code BEA236
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance
Coordinator

Dr Hugh Sibly

Teaching staff

Level Intermediate
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Semester 2 On-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020

* 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.

About Census Dates

Learning Outcomes

  • LO1: Construct an extensive or strategic form.
  • LO2: Solve for various equilibrium concepts in various games.
  • LO3: Communicate economics in a written format.

Fees

Domestic

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.

Requisites

Prerequisites

BEA111

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BEA235

Teaching

Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.

Assessment

Weekly quiz (20%), Test (15%), Workshop participation (5%), Final exam (60%).

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

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.

  • Harrington, J 2014, Games, strategies, and decision making, 2nd Ed. Worth Publisher, New York
  • Lazear, E and Gibbs, M. (2015). Personnel Economics in Practice, 3rd edition, Wiley, Australia.
Recommended

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.