Courses & Units

Economics for Managers BEA683

Introduction

This unit provides managers with an introduction to a comprehensive range of key microeconomic and macroeconomic topics. The emphasis is on the practical application of basic economic concepts and models to real world business oriented problems. The unit will develop your ability to apply the economic way of thinking to solving problems within a firm and to understand the economic environment in which they operate.

Summary

Unit name Economics for Managers
Unit code BEA683
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics
Coordinator Doctor Oscar Pavlov
Delivered By University of Tasmania
Level Postgraduate

Availability

Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic
Hobart Semester 2 On-Campus International Domestic
Online Semester 1 Off-Campus International Domestic
Online Semester 2 Off-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

Please check that your computer meets the minimum System Requirements if you are attending via Distance/Off-Campus.

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.

Key Dates

Study Period Start date Census date WW date End date
Semester 2 10/7/2023 8/8/2023 28/8/2023 15/10/2023
Semester 1 20/2/2023 21/3/2023 10/4/2023 28/5/2023

* 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 (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2023 are indicative and subject to change. Finalised census dates for 2023 will be available from the 1st October 2022. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Critically analyse key economic concepts and their application in a business environment.
  • Appraise and apply the economic way of thinking to explain simple economic events, decisions and actions.
  • Organise and communicate economic analyses and provide relevant recommendations for business and/or government policy decision making.
Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
not applicable

1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Prerequisites

N/A

Teaching

AssessmentAssessment Task 2: Semester Test (25%)|Assessment Task 3: Final Examination (60%)|Assessment Task 1: Quiz (15%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

You will need the following text:


Layton, A., T. Robinson, and I. Tucker, 2019, Economics for Today, Sixth Edition, Cengage Learning Australia.


It is essential that you have access to the above prescribed textbook. Note that weekly readings will be mainly drawn from this textbook.


The following additional readings will be posted on MyLO:

Chapter 5: Efficiency and Equity. Chapter 7: Global Markets in Action. McTaggart, D., C. Findlay, and M. Parkin, 2013, Economics, Seventh Edition

Recommended

The following textbooks could be helpful:


Farnham, P.G. 2015, Economics for managers (Global edition) 3rd edition, Pearson Education Limited, England.


Bade, R & Parkin, M. 2007, Essential foundations of economics 3rd edition, Pearson Addison Wesley, Boston.


Keat, P, Young, P & Erfle, S. 2014, Managerial economics (Global edition) 7th edition, Pearson Education Limited, England.

LinksBooktopia textbook finder

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