MAE201 - Competition and Industry
Unit details
| Year: | 2020 unit information |
|---|---|
| Important Update: | Classes and seminars in Trimester 2, 2020 will be online. Last updated: 2 June 2020 |
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 2: Samarth Vaidya Trimester 1: Hao Jia |
| Prerequisite: | MAE101 |
| Corequisite: | Nil |
| Incompatible with: | MAE206 |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | 1 x 2 hour class and 1 x 1 hour seminar per week |
| Scheduled learning activities - cloud: | Online independent and collaborative learning activities including 3 scheduled online seminars |
Content
This unit aims to extend microeconomics theory introduced in MAE101 to further explain the behaviour of consumers and firms in the market system. The topics studied at an intermediate level include: consumer decisions; the firm and models of production; strategic choices and the influence of markets structures on price and output levels among others. The unit allows for a more sophisticated understanding of how various policy levers can affect individual choices and welfare.
|
| These are the Learning Outcomes (ULO) for this Unit | Deakin Graduate Learning Outcomes |
| ULO1 | Analyse individual decision making by consumers and firms and how various market structures affect economic efficiency. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Apply relevant microeconomic theories to evaluate real-world managerial and policy issues. | GLO5: Problem solving |
| ULO3 | Analyse economic issues using geometric and quantitative tools. | GLO5: Problem solving |
| ULO4 | Communicate microeconomic issues effectively through written English. | GLO2: Communication |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
| Assessment 1 (individual): Online Multiple Choice Quiz x 2 | - | 20% (10% each) | Information not yet available. |
| Assessment 2 (individual): Problem-based Written Assignment | 1,500 words | 20% | Week 7 |
| Examination (closed book) | 2-hours | 60% | Exam period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: achieve at least 40% of the marks available on the examination
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAE201 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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