Managerial Economics IID

Postgraduate | 2026

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Mode icon
Mode
Mode
Your studies will be on-campus, and may include some online delivery
On campus
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Area/Catalogue
ECON 5040
Course ID icon
Course ID
206032
Campus icon
Campus
Adelaide City Campus
Level of study
Level of study
Postgraduate
Unit value icon
Unit value
6
Course owner
Course owner
Adelaide University
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Course level
5
Work Integrated Learning course
Work Integrated Learning course
No
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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

Course overview

This course builds on the microeconomic principles studied in introductory Economics courses and provides an analysis of the way decisions are made by individual economic agents. It develops a basis for evaluating the efficiency and equity implications of various market structures, and a perspective on the appropriate role of government. Included are the study of consumer choice, production and cost, market structure, and market failure. Managerial Economics IID will focus on applications to real world problems.

Course learning outcomes

  • Frame and critically analyse managerial and other economic problems in terms of core microeconomic concepts and principles.
  • Apply analytical techniques, including solving mathematical and diagrammatic problems, to analyse managerial and microeconomic scenarios.
  • Present a clear and coherent exposition of complex microeconomic knowledge, ideas and empirical evidence both orally and in writing.
  • Engage professionally, and show leadership, in group discussions to work towards a collaborative position on managerial and economic issues.
  • Reflect deeply on the nature and implications of assumptions and value judgments in microeconomic analysis, managerial decisions, and policy.

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

  • must not have completed ECON2020 Managerial Economics II OR must not have completed ECON7241 Managerial Economics IID at the University of Adelaide

Assumed knowledge

N/A

Textbook(s)

N/A

Inherent requirements

N/A

Other resources

N/A

Assessment

N/A

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The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.