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Economics for Leaders unit (MBE709)

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Unit year 2025

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Location: Hobart

Introduction

The primary objective of this unit is to cultivate a comprehensive grasp of various economic and ethical theories and their implications for managerial decision-making. While it will establish fundamental knowledge and an appreciation of neoclassical economics, the emphasis will not be on the mathematical application of these theories. Instead, the unit will explore economic frameworks that go beyond the confines of neo-classical perspectives, thereby enabling a more nuanced comprehension of issues that extend past profit and loss considerations. It will explore the imperative for managers to factor in ethical and sustainability-based criteria when making decisions, taking into account the organisation's corporate and social responsibility, social license to operate, and pursuit of sustainable development goals.

Summary

Unit name Economics for Leaders
Unit code MBE709
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Economics
Coordinator Professor Robert Hoffmann
Delivered By University of Tasmania
Level Postgraduate

Availability

Location Study period Attendance options Available to
Hobart Accelerated Study Period 1 This unit is available through on-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
Accelerated Study Period 1 03/02/2025 26/02/2025 20/03/2025 04/05/2025

* 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 2025 are indicative and subject to change. Finalised census dates for 2025 will be available from the 1st October 2024. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Critically analyse key economic concepts from the perspective of organisational leaders and managers.
  • Appraise the applicability of traditional economic concepts to contemporary business environments and UN Sustainable Development Goals.
  • Evaluate emerging economic concepts and theory in relation to current global economic challenges.

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
081199 $2,124.00 $1,663.00 not applicable $5,168.00
  • 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.

Requisites

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BEA684

Teaching

Teaching Pattern

Pre-recorded online lecture. Up to 1.5 hours, (3-5 short lectures of max. 20 minutes each) weekly.

Online tutorial. 1 hour, fortnightly.

Face to Face Workshop (Full time MBA). 3 hours, four times per semester.

OR

Intensive Block Delivery (Exec MBA). 7 hours, twice per semester.

AssessmentPresentation - Ethical Consideration of Management Decisions (20%)|Workshop Reports (30%)|Major report (50%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Required readings will be listed in the unit outline prior to the start of classes.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.