Managerial Economics
Description
This subject provides the core concepts of price theory, and economic policy and management for professional managers. It provides students with the knowledge of rational micro- and macro- frameworks that are necessary for professional managers to be effective in decision making and resource allocation.
Subject Code
MGMT90043
Credit Points
12.5
Objectives
Please see Generic skills below
Generic skills students will develop
Students who successfully complete Managerial Economics should:
- Be able to use price theory analysis to solve economics problems, make sound decisions and allocate resources
- Understand the ‘theory of the firm’ and competition and regulatory frameworks in markets of different types
- Understand the concepts of economic value in markets
- Understand key elements of government policy and government – business dynamics in a national and global context
Pre-requisites and/or Co-requisites
Entry to the course
Mode of Delivery
1 intensive week
Contact Time
24 hours of lectures/seminars/workshops/individual supervision
Assessment
One-hour test (20%)
Assignments of not more than 1500 words (30%)
Field project investigation report of 3000 words (50%)
Subject Coordinator
Associate Professor Vivek Chaudhri
Venue
The University of Melbourne
Parkville Campus
Dates
Monday 27 August - Friday 31st August 2012
Course Fee
$3,290 in 2012
Prescribed Textbook
Nil
Online Learning System
Nil
For further information contact
Kathy Griffiths
Program Manager
T: +61 3 9810 3174
F: +61 3 9810 3149
E: moe@mccp.unimelb.edu.au
Application Process
Applications are managed by Student Services.