Economics for Managers
PostgraduateTAS-BEA6832024
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Economics for Managers
About this subject
Upon completion of this subject, the student should be able to:
- Critically assess key economic concepts and their application in a business environment.
- Appraise and apply the economic way of thinking to explain simple economic events, decisions and actions.
- Organise and communicate economic analyses and provide relevant recommendations for business and/or government policy decision making.
- Module 1: Introduction to Economics
- Module 2: Demand and Supply
- Module 3: Economic Efficiency and Externalities
- Module 4: Elasticity of Demand
- Module 5: Production Costs
- Module 6: Perfect Competition
- Module 7: Monopoly
- Module 8: Measuring the Size of the Economy
- Module 9: Inflation and Unemployment
- Module 10: A Simple Model of the Macroeconomy
- Module 11: Money, Banking and Monetary Policy
- Module 12: Monetary Policy and Exchange Rates
- Module 13: International Trade
This subject provides managers with an introduction to a comprehensive range of key microeconomic and macroeconomic topics. The emphasis is on the practical application of basic economic concepts and models to real world business oriented problems. The subject will develop your ability to apply the economic way of thinking to solving problems within a firm understanding of the economic environment in which they operate.
- Quizzes x 12 (40%)
- Assignment 1 (30%)
- Assignment 2 (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
Wherever you are, the University of Tasmania brings its island campus to you through a growing range of online programs across art and design, business, education, health, science, sustainability, technology, and more. It’s never too late to switch things up. Kickstart that career you’ve been dreaming about, or upskill for the one you’re in. You’ll also become a part of the world's leading university on climate action.
Learn more about UTAS.
Explore UTAS courses.
- QS Ranking 2024:
- 20
- Times Higher Education Ranking 2024:
- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-FIN-MAS-2024 - Master of Finance
- TAS-FIN-GDI-2024 - Graduate Diploma of Finance
- TAS-FIN-GCE-2024 - Graduate Certificate in Finance
Elective
- TAS-BHI-GCE-2024 - Graduate Certificate in Behavioural Insights
- TAS-FIN-MAS-2024 - Master of Finance
Additional requirements
- Software requirements - Microsoft Word and Excel will be needed to complete assessment.
- Other requirements - Teaching Arrangement: Introductory tutorial (wk 1), Weekly 1-hour Zoom workshop (wks 2-13).
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.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
PostgraduateTAS-FIN-MAS
PostgraduateTAS-FIN-GDI
Graduate Certificate in Finance
PostgraduateTAS-FIN-GCE
Graduate Certificate in Behavioural Insights
PostgraduateTAS-BHI-GCE