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Economics for Managers unit (BEA683)

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Unit year 2027

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Location: Hobart, Online

Introduction

Economics for Managers introduces students to economic reasoning as a framework for analysing and addressing organisational, market and public policy problems. Students apply economic concepts and analytical frameworks to understand how individuals, organisations, markets and governments make decisions and how those decisions influence the allocation of scarce resources and broader economic outcomes. The unit examines resource allocation in markets, by firms, industries and in the macroeconomy, and evaluates alternative approaches using criteria including efficiency, equity and sustainability. Students develop the capability to apply economic reasoning, formulate evidence-based recommendations, and communicate those recommendations to support organisational and public policy decision making.

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
Hobart Semester 1 This unit is available through on-campus delivery Available to International Students Available to Domestic Students
Online Semester 1 This unit is available through off-campus delivery Available to International Students Available to Domestic Students
  • Key:
  • This unit is available through on-campus delivery On-campus
  • This unit is available through off-campus delivery Off-Campus
  • Available to International Students International students
  • Available to Domestic 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).

About Census Dates

Learning Outcomes

  • Analyse organisational, market and public policy problems using economic tools and concepts.
  • Justify economic recommendations for organisational and public policy decision making.
  • Communicate economic analyses and recommendations in a clear and professional manner.

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

AssessmentWeekly Quizzes (20%)|In-Class Test (30%)|Integrated Economic Case Study (50%)
TimetableView 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.