MPT781 - Economics for Managers (Study Tour)
Unit details
Year: | 2021 unit information |
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Important Update: | Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester. Thank you for your flexibility and commitment to studying with Deakin in 2021. Last updated: 4 June 2021 |
Enrolment modes: | Not offered in 2021 |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Unit Chair: | Trimester 3: Munirul Nabin |
Prerequisite: | Nil |
Corequisite: | Nil |
Incompatible with: | MBA703, MBA712, MBT703, MBT712, MPE781 |
Typical study commitment: | This unit is based on a study tour. Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
In-person attendance requirements: | There will be 20 hours of classes and 10 hours of seminars. In addition the experiential learning component will include visits to international businesses related to themes of the course. These visits will involve approximately 18 hours. |
Note:For further information please select Study Programs Special enrolment procedure applies. Enrolment in this program is by application only. Applications for 2021 programs will open on the following dates:
Please add yourself to our expression of interest list and we will contact you when applications open. For further information on international study opportunities please go here. |
Content
This unit covers the policy and strategic aspects of business management and also provides a practical and pragmatic approach to policy issues. Topics include the dynamics of market behaviour, including a discussion of different market structures and the impact of macroeconomic policies in a changing world economic environment. The unit has a practical focus as evidenced by the application of theory to international business.
ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
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ULO1 | Interpret and apply basic principles and their effect on individual economic decisions (microeconomics), the economy as a whole (macroeconomics) and how economic indicators (data) are used to validate these economic behaviours. | GLO1: Discipline-specific knowledge and capabilities |
ULO2 | Apply economic principles to the analysis of important decisions confronting the management of business organisations. | GLO4: Critical thinking |
ULO3 | Critically evaluate existing economic theories in the context of real and contemporary national and international circumstances. | GLO4: Critical thinking GLO8: Global citizenship |
ULO4 | Apply statistical concepts to real world data and use this to make informed decisions. | GLO5: Problem solving GLO8: Global citizenship |
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) Multiple choice quiz (online) | 15% | Information not yet available | |
Assessment 2: (Individual) Case study | 2000 words | 40% | Information not yet available |
Assessment 3: Written response test (online) | 2 hours | 45% | Information not yet available |
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 50% of the marks available on the examination.
Learning Resource
Texts and reading lists for units can be found on the University Library via the following link. 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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