Courses & Units

Economics for Managers BEA683


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
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


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


International students
Domestic students

Key Dates

Study Period Start date Census date WW date End date
Semester 2 11/7/2022 9/8/2022 29/8/2022 16/10/2022
Semester 1 21/2/2022 22/3/2022 11/4/2022 29/5/2022

* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. 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.

Fee Information

Field of Education Commencing Student Contribution 1,3 Grandfathered Student Contribution 1,3 Approved Pathway Course Student Contribution 2,3 Domestic Full Fee 4
080301 $1,828.00 $1,432.00 not applicable $2,702.00

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.





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



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


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

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