Subject description

This subject provides the foundations for managers to comprehend the economic landscape and to apply the tools of economic analysis to enhance business decision making. Fundamental economic theories are interwoven with practical analysis skills essential to interpret and analyse contemporary economic data. Students will explore characteristics of goods, services, labour, … For more content click the Read More button below.

Enrolment rules

Other

Equivalence

MBA 911 - Global Business Challenges

Tutorial enrolment

Students can enrol online via the Tutorial Enrolment link in SOLS

Delivery

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Teaching staff

Subject coordinators

Learning outcomes

On successful completion of this subject, students will be able to:
1.
Critically analyse the economic elements of contemporary business issues and events.
2.
Select and apply appropriate quantitative tools for the analyses of economic data.
3.
Propose evidence-based solutions to economic problems that encompass multiple stakeholder perspectives.
4.
Collaborate effectively to achieve agreed goals.
5.
Effectively communicate complex concepts and information using appropriate technology.
6.
Critically reflect on personal learning experiences, practices, and feedback to foster the development of a lifelong learning mindset.

Assessment details

Economics in the Media

Reflection

Research Report

Work integrated learning

Foundational WIL:This subject contains elements of "Foundational WIL". Students in this subject will observe, explore or reflect on possible career pathways or a work-related aspect of their discipline.

Textbook information

Layton, A., Robinson, T., and Tucker, I.B. (2022) Economics For Today, 7th Asia Pacific Edition, Cengage Learning Australia

Contact details

Faculty contact

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