Managerial Economics (6376.4)
Please note these are the 2014 details for this unit
|Available teaching periods||Delivery mode||Location|
|View teaching periods|
|0.125||3||Faculty Of Business, Government & Law|
|Discipline||Study level||HECS Bands|
|Canberra School Of Politics, Economics And Society||Level 2 - Undergraduate Intermediate Unit|| Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
This unit is designed to develop in students an ability to apply economic principles to decision problems facing managers and owners of firms. Topics include a reappraisal of market models from the perspective of a manager; methods of estimating demand; analysis of production conditions, of costs, of pricing policies, of the internal structure of the firm and of government intervention in the market.
Learning outcomesstudents should have gained an understanding of the type of information one must gather in order to apply economics to the problems of managing firms, and understand a range of theoretical models well enough to assess their usefulness to managers in specific situations.
Prerequisites6355 Introduction to Economics or 9518 Foundations of Microeconomics
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