Unit

School Of Business

Managerial EconomicsWestern Sydney University Unit Code: 200793.1

Discipline: BUSINESS MANAGEMENT

Student Contribution Band: 4

Level: 7

Credit Points: 10

Equivalent Units
500032 - Economic Contexts for Managers, 500009 - International Financial Management, H7331 - International Trade and Industry Economics

Incompatible Units
200425 - Economics (PG)

Unit Enrolment Restrictions
Students must be enrolled in the following courses: 5502 Graduate Certificate in Business Administration, 2755 Master of Business Administration, 2757 Graduate Certificate in Business Administration, 2762 Executive Master of Business Administration.


About this Unit
This unit introduces students to the application of basic economic concepts to managerial decision-making and their use in a range of business environments. Students will learn how to apply microeconomic tools to common problems facing business managers, such as maximising profit, setting prices, creating efficient incentive structures, and selecting competitive strategies. Case studies are also used to demonstrate the value of microeconomic tools in making business decisions, and to foster the student’s application of their learning to their own business environment.


Courses
2762.2Executive Master of Business AdministrationSUSPENDED




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