Hobart, Online
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 | Tasmanian School of Business and Economics |
| Discipline | Economics |
| Coordinator | Doctor Oscar Pavlov |
| Delivered By | University of Tasmania and Third Party(ies): ECA |
| Level | Postgraduate |
Sustainable Development Goals
The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.
Availability
| Location | Study period | Attendance options | Available to | ||
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| Hobart | Semester 1 |
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| Online | Semester 1 |
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- Key:
On-campus
Off-Campus
International students
Domestic students
Note
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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.
Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Semester 1 | 22/02/2027 | 16/03/2027 | 19/04/2027 | 13/06/2027 |
* 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 2027 are indicative and subject to change. Finalised census dates for 2027 will be available from the 1st October 2026. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- 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.
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 | $2,253.00 | $1,764.00 | not applicable |
- Available as a Commonwealth Supported Place
- HECS-HELP is available on this unit, depending on your eligibility3
- FEE-HELP is available on this unit, depending on your eligibility4
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 UniConnect 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.
Teaching
| Assessment | Quizzes (20%)|Assignment 1 (40%)|Assignment 2 (40%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
N/A |
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| Recommended | There is no required book for the unit but we recommend the following especially. We provide references to their relevant chapters on the individual lecture pages in MyLO. Acemoglu, Laibson and List, Economics (3rd Global edition). This is a general economics textbook. There are many other textbooks with this title that have similar coverage and you may use. Douma and Schreuder, Economic Approaches to Organizations, 6th edition. This is a textbook focussed on the economics of organisations. Again we provide references to chapters in this book. The most relevant popular science type economics book is Ha-Joon Chang. Economics: The User's Guide: A Pelican Introduction. |
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.