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
Specific information on 2027 unit availability will be available in August
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
2027 fee information will be available in August.
Teaching
| Assessment | Quizzes (20%)|Assignment 1 (40%)|Assignment 2 (40%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
N/A |
|---|---|
| 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.