Managerial Economics (UoA)

Postgraduate | 2026

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Area/Catalogue
ECON 5014
Course ID icon
Course ID
203478
Level of study
Level of study
Postgraduate
Unit value icon
Unit value
6
Course level icon
Course level
5
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Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
No
University-wide elective icon
University-wide elective course
No
Single course enrollment
Single course enrolment
No
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Note:
Course data is interim and subject to change

Course overview

Enterprises, public-sector organisations and not-for-profits operate in a highly dynamic and often very competitive economic environment, within which they must pursue their organisational goals, constrained by limited financial and other resources. A deep and extensive understanding of this environment is essential for effective managerial decision-making. Valuable topics for managers in this course include scarcity and opportunity costs; money and finance; the macroeconomic environment; behavioural economics; competition and pricing; strategic decisions; market failure; innovation; globalisation; and the growing significance of ecological sustainability and climate change policy for business.

Course learning outcomes

  • Evaluate how enterprises, public-sector organisations and not-for-profits manage a highly dynamic and competitive economic environment.
  • Investigate how managers pursue organisational goals, constrained by limited financial and other resources
  • Critically apply key economic theories and concepts to the management of an organisation
  • Evaluate how key economic data can be applied to achieve organisational objectives
  • Measure how the global economic environment influences organisational innovation and strategic managerial decision-making
  • Interpret how environmental, social, and other key non-economic indicators can generate organisational innovation and performance.

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A