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Economic Analysis of Business Decisions
Undergraduate
USA-ECON2014 2025Course information for 2025 intake
Enrol today with instant approval and no entry requirements
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Enrol by
- 5 Jan 2025
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 10 weeks
- Start dates
- 13 Jan 2025,
- 30 June 2025
- Price from
- $2,300
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
Economic Analysis of Business Decisions
About this subject
By the end of this 10-week course, you’ll be able to:
- Analyse and describe competition in different market structures, especially oligopoly markets.
- Identify fundamental factors that may influence business decision making process and outcome.
- Examine and predict the responses of individuals, business organisations and government bodies to each other's decisions.
- Evaluate economic rationale for different pricing techniques and implications on firm's profitability.
- Examine various strategies that can be utilised by firms to gain competitive advantage.
- Recognise the rationale for competition policy and regulation, as well as their limitations.
- Demonstrate UniSA Business Enterprise Skills in the context of the Economics discipline: i) Problem Solving (intermediate level); ii) Teamwork (intermediate level) and iii) Written Communication (intermediate level).
- The Theory of Individual Behaviour
- Production
- Pricing Strategies
- Oligopoly Models
- Game Theory
- The Economics of Information
- Auction
Discover the power of economic analysis with our student-focused course designed to help you understand the behaviours of individuals, businesses, and governments and their impact on market outcomes.
This course provides a thorough review of business economics, including objectives and constraints, incentives, opportunity costs, the time-value of money, and marginal analysis. You will explore advanced topics such as oligopoly models, market concentration, barriers to entry, market structure, and firm strategy. Learn how to develop effective pricing strategies and delve into specialized areas like auctions, advertising, research and development, competition policy, and regulation. Ideal for students pursuing degrees in economics, business, or related fields, this course will equip you with the analytical skills needed to excel in understanding and influencing complex market dynamics.
UniSA Online’s 10-week short courses give you the flexibility to upskill in a certain area, stay current with developments in your field, diversify your knowledge, or even explore a new direction in your career – without having to commit to the time and cost of a full university degree.
This is a second-year course from UniSA Online’s Business (Economics, Finance and Trade) degree. When studying this course as a "single subject", prior knowledge from HECON 1010 or equivalent will support your success.
Delivered 100% online, you’ll be able to study where and when it suits you. Access online academic and student support seven days a week, fit study around work and life commitments, view learning resources 24/7, and log in to the interactive online environment anywhere, any time and on any device.
Should your course have an exam it will be scheduled for Australian Central Standard Time or Australian Central Daylight Time, depending on the time of the year.
- Multiple (Test/Quiz(s)) (20%)
- Report (30%)
- Examination (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
The University of South Australia (UniSA) is ranked as one of the best young universities in the world, and is the number one university in Australia for graduate employability. UniSA offers over 200 world-class degrees that are informed by industry and delivered with a highly practical approach to teaching and learning, and is a valuable partner with Open Universities Australia.
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Students must be aged 17 or older by the time teaching commences for their course of study, in accordance with UniSA’s Selection and entry to programs policy.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What’s a single subject?
Single subjects are the individual components that make up a degree. With Open Universities Australia, you’re able to study many of them as stand-alone subjects, including postgraduate single subjects, without having to commit to a degree.
Each of your subjects will be held over the course of a study term, and they’ll usually require 10 to 12 hours of study each week. Subjects are identified by a title and a code, for example, Developmental Psychology, PSY20007.
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If that degree allows entry via undergraduate subjects, there will be information about this under the Entry Requirements section. You will find a list of 2-4 open enrolment subjects you need to successfully complete to qualify for admission into that qualification.
Once you pass those subjects, you will satisfy the academic requirements for the degree, and you can apply for entry.
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