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.
|Unit name||Economics for Managers|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Coordinator||Professor Robert Hoffmann|
|Delivered By||University of Tasmania and Third Party(ies): ECA|
|Location||Study period||Attendance options||Available to|
|ECA Melbourne||Semester 2||On-Campus||International|
- International students
- Domestic students
Enrolment in units available at ECA Melbourne, Hong Kong Universal Ed, and Shanghai Ocean University is only available to eligible students studying at those corresponding locations.
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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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- Critically assess 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 1,3||Grandfathered Student Contribution 1,3||Approved Pathway Course Student Contribution 2,3||Domestic Full Fee 4|
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.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Introductory tutorial (wk 1), Weekly 1-hour Zoom workshop (wks 2-13), 4 x 3-hour on-campus workshops (on-campus students only).
|Assessment||Assignment 1 (30%)|Assignment 2 (30%)|Quizzes (40%)|
|Timetable||View the lecture timetable | View the full unit timetable|
You will need the following text:
Layton, A., T. Robinson, T. Tang, D. Dharmaratna, and I. Tucker, 2021, Economics for Today, Sevent 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:
The following textbook could be helpful:
|Links||Booktopia textbook finder|
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