Year
2021
Units
4.5
Contact
1 x 3-hour workshop weekly
Prerequisites
1 1 of ECON1002, BUSN1007, BUSN1013
2 18 Units of BUSN topics
Must Satisfy: (1 and 2)
Enrolment not permitted
BUSN2014 has been successfully completed
Topic description

This topic is designed to introduce students to those areas of microeconomic analysis which are most relevant to the key types of decisions undertaken by business organisations of various types in an economic environment undergoing continuing change. The emphasis is particularly suitable for students whose major interests are in areas such as commerce, finance, management, marketing and international business. Specific attention will be paid to: business strategy; consumer and firm decision-making; attributes of goods and services; market segmentation; motivation of workers; structures of organisations.

Educational aims

This topic aims to make students aware of broad issues in the management field and provide them with some requisite skills from applied microeconomics to analyse them.

Expected learning outcomes
On completion of this topic you will be expected to be able to:

  1. Demonstrate that you understand the basic theory and principles of applied microeconomics
  2. Apply these principles to solve real world business problems
  3. Identify the economic or organisational reason for a problem confronting a business manager and determine what instruments can be used to confront the problem

Key dates and timetable

(1), (2)

Each class is numbered in brackets.
Where more than one class is offered, students normally attend only one.

Classes are held weekly unless otherwise indicated.

FULL

If you are enrolled for this topic, but all classes for one of the activities (eg tutorials) are full,
contact your College Office for assistance. Full classes frequently occur near the start of semester.

Students may still enrol in topics with full classes as more places will be made available as needed.

If this padlock appears next to an activity name (eg Lecture), then class registration is closed for this activity.

Class registration normally closes at the end of week 2 of each semester.

Classes in a stream are grouped so that the same students attend all classes in that stream.
Registration in the stream will result in registration in all classes.
  Unless otherwise advised, classes are not held during semester breaks or on public holidays.