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BMBA70-850: Managerial Economics

Description

This subject is designed to enable students to analyse economic environments and to develop an understanding of the value of economic reasoning to evaluate strategic business decisions. It is also intended to provide an opportunity to apply this understanding to develop fundamental economic analysis and evaluation skills to support managerial decision making. 

Subject details

Type: Postgraduate Subject
Code: BMBA70-850
EFTSL: 0.063
Faculty: Bond Business School
Semesters offered:
  • January 2022 [Non-Standard Offering]
  • September 2022 [Non-Standard Offering]
  • January 2023 [Non-Standard Offering]
Credit: 5
Study areas:
  • Business, Commerce, and Entrepreneurship
Subject fees:
  • Commencing in 2021: $2,625.00
  • Commencing in 2022: $2,655.00
  • Commencing in 2023: $2,725.00
  • Commencing in 2021: $2,855.00
  • Commencing in 2022: $2,855.00
  • Commencing in 2023: $2,930.00

Learning objectives

1. Identify the main characteristics of different market types, such as perfect competition, monopoly, monopolistic competition and oligopoly. 2. Analyse the nature of competitive behaviour in various markets to assess the implications for business strategy. 3. Explain the key macroeconomic drivers of a business environment and how macroeconomic outcomes relate to government policy. 4. Apply economic concepts and theories to issues facing consumers, firms, governments and other institutions.

Enrolment requirements

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions: This subject is not available to
  • Study Abroad Students

Must be admitted into an MBA Affiliated Program.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Subject dates

  • Non-Standard Offering
    Enrolment opens: 14/11/2021
    Semester start: 17/01/2022
    Subject start: 21/02/2022
    Cancellation 1: 02/03/2022
    Cancellation 2: 04/03/2022
    Last enrolment: 28/02/2022
    Withdraw - Financial: 10/03/2022
    Withdraw - Academic: 20/03/2022
    Teaching census: 09/03/2022
  • Non-Standard Offering
    Enrolment opens: 17/07/2022
    Semester start: 17/10/2022
    Subject start: 17/10/2022
    Cancellation 1: 27/10/2022
    Cancellation 2: 29/10/2022
    Last enrolment: 25/10/2022
    Withdraw - Financial: 05/11/2022
    Withdraw - Academic: 17/11/2022
    Teaching census: 04/11/2022
  • Non-Standard Offering
    Enrolment opens: 15/11/2022
    Semester start: 20/02/2023
    Subject start: 20/02/2023
    Cancellation 1: 28/02/2023
    Cancellation 2: 03/03/2023
    Last enrolment: 22/02/2023
    Withdraw - Financial: 10/03/2023
    Withdraw - Academic: 17/03/2023
    Teaching census: 04/03/2023
Non-Standard Offering
Enrolment opens: 14/11/2021
Semester start: 17/01/2022
Subject start: 21/02/2022
Cancellation 1: 02/03/2022
Cancellation 2: 04/03/2022
Last enrolment: 28/02/2022
Withdraw - Financial: 10/03/2022
Withdraw - Academic: 20/03/2022
Teaching census: 09/03/2022