最新糖心Vlog

ECON 7244OL - Managerial Economics

Online - Online Teaching 5 - 2024

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.

  • General Course Information
    Course Details
    Course Code ECON 7244OL
    Course Managerial Economics
    Coordinating Unit Economics
    Term Online Teaching 5
    Level Postgraduate Coursework
    Location/s Online
    Units 3
    Available for Study Abroad and Exchange N
    Prerequisites MANAGEMT 7123OL, MANAGEMT 7124OL, MANAGEMT 7125OL, MANAGEMT 7126OL
    Restrictions Available only to Master of Business Administration - Online, Master of Business Administration - Online (Health Management) and Graduate Diploma students
    Course Staff

    Course Coordinator: Siyakha Mthunzi



    Program Coordinator contact details: MBA Online

    Name: Assoc. Prof. Graciela Corral de Zubielqui

    Email: graciela.corraldezubielqui@adelaide.edu.au



    Course Timetable

    The full timetable of all activities for this course can be accessed from .

  • Learning Outcomes
    Course Learning Outcomes
    On successful completion of this course, you will be able to:
    1 evaluate how enterprises, public-sector organisations and not-for-profits manage a highly dynamic and competitive economic environment.
    2 investigate how managers pursue organisational goals, constrained by limited financial and other resources
    3 critically apply key economic theories and concepts to the management of an organisation
    4 evaluate how key economic data can be applied to achieve organisational objectives
    5 measure how the global economic environment influences organisational innovation and strategic managerial decision-making
    6 interpret how environmental, social, and other key non-economic indicators can generate organisational innovation and performance.
    最新糖心Vlog Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    最新糖心Vlog Graduate Attribute Course Learning Outcome(s)

    Attribute 1: Deep discipline knowledge and intellectual breadth

    Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.

    1, 2, 5, 6.

    Attribute 2: Creative and critical thinking, and problem solving

    Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.

    3, 6.

    Attribute 3: Teamwork and communication skills

    Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.

    2, 3, 5.

    Attribute 4: Professionalism and leadership readiness

    Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.

    2, 4, 6.

    Attribute 5: Intercultural and ethical competency

    Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.

    5.
  • Learning Resources
    Required Resources
    A Custom Edition eBook has been created: 

    Online Learning
    This is an online course.

    The course is delivered over a 6 week period. ‘Time’ is one of our most precious resources and to cover an MBA Course in that time needs planning. This link provides some ideas on Time Management

    The Course is more than absorbing information. The activities and interactions are designed to help you synthesise and be able to apply them. Discussion with other, sharing different perspectives through the tutorials and Discussion Board is a great way to hone your ideas, test interpretations and enjoy the journey.


    All relevant video recordings and activities are on the MyUni portal
  • Learning & Teaching Activities
    Learning & Teaching Modes

    The course introduces the use of self-assessment, evaluation and critical examination to work through a range of economic concepts, models and frameworks, in order for you to develop your own managerial economics mindset. This course teaches you the fundamentals of economics and the approach to managerial economics thought to assist in decision making.

    It is delivered online with activities scaffolded towards completion of the Assessments. The Modules are designed to provide you with a framework from which to build your understanding through reading the references, watching the videos, responding to the activities through analysis and discussion of your personal reflections with other students, including in the weekly online tutorial.

    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    Students should allocate approximately 25 hours per week to accomplish the Learning Outcomes for this intensive Course. In total the course is estimated to require 156 hours for completion.

    Learning Activities Summary

    This course includes class discussions, research activities, and online tutorials.

    Each module in the course has been designed to maximise your understanding of the content. Throughout the course, you will:

    • read about the key concepts—required readings and additional readings will also be presented as applicable
    • watch videos to help you better understand key concepts—these include videos where I cover key concepts as well as videos with subject matter experts, who will provide invaluable insights through their experience
    • participate in discussions—these will be within the course itself and also during Zoom sessions with your peers and tutor
    • complete the four assessment tasks and submit your work to be graded before the due dates.
    Specific Course Requirements

    Students will gain maximum benefit if they can:

    • navigate their way around this course environment;
    • navigate their way around the internet;
    • interact online through class discussion forums;
    • participate in weekly Zoom tutorials.
  • Assessment

    The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    Assessment Task Due Weighting Learning Outcome
    Assessment 1 - Executive Briefing Paper

    End of Week 2 Sunday 11:59pm (ACST/ACDT)

    20% 2,3,4
    Assessment 2 - Economic Situation Analysis End of Week 4 Sunday 11:59pm (ACST/ACDT) 30% 1,3,4,5
    Assessment 3 - Strategic Growth Proposal End of Week 6 Sunday 11:59pm (ACST/ACDT) 40% 2,3,5,6
    Assessment 4 - Critical Business Reflection End of Week 6 Sunday 11:59pm (ACST/ACDT) 10% 2,3,4,6
    Assessment Related Requirements

    The submission of all the assessments is a requirement to pass the course.

    Activities leading into the assignments are built into the Course, which will take approximately 40% of your time.

    Within this Course you have the opportunity to capture your personal reflections. These are not assessed.

    The 最新糖心Vlog Assignment Cover sheet with student details and the signed student declaration that the work is their own, and that the 最新糖心Vlog has the right to access the electronic version of the assignment must be submitted with each assignment.

    Applications for extensions must comply with 最新糖心Vlog policy and submitted prior to the due date late submissions will be subject to 最新糖心Vlog policy



    ASSESSMENT 1


    Requirements
    This assessment will be written using a briefing paper format. This format will include a Summary, Background, Key considerations, Recommendations, and Implementation sections to the paper.

    The paper will be submitted through MyUni/Canvas as a text document (doc, docx, pdf), and will be 1200 words.


    ASSESSMENT 2


    Requirements
    This assessment will be written using a technical report format. This format will include an Executive Summary, Introduction, Methodology, Modelling findings, and Conclusion sections to the paper.

    The paper will be submitted through canvas as a text document (doc, docx, pdf), and will be 2000 words.



    ASSESSMENT 3


    Requirements
    This assessment will be written using a technical report format. This format will include an Executive Summary, Introduction, Company Position, Economic Analysis, Forecasting, Recommendations, and Implementation sections to the report.

    The paper will be submitted through canvas as a text document (doc, docx, pdf), and will be 2500 words.


    ASSESSMENT 4


    Requirements
    This will be written using a briefing paper format. This format will include a Summary, Background, Key considerations, Recommendations and Implementation sections.

    Note: You will also need to include your reflective journal as an appendix along with your briefing paper.

    The paper will be submitted through canvas as a text document (doc, docx, pdf), and will be 800 words.
    Assessment Detail

    Assessment 1 - Executive Briefing Paper

    This Executive Briefing Paper will set the scene for Assessments 2 and 3. It is a short paper, and you will delve more deeply into the issues in the following assessment pieces.

    In the Executive Briefing Paper, you will present a problem and then recommend possible ways of finding a solution.

    The purpose of this assessment is to demonstrate how application of critical economic tools and analysis can improve organisational performance.

     

    Assessment 2 - Economic Situation Analysis

    The analysis for this assessment piece should build upon the Executive Briefing Paper you submitted for Assessment 1: Executive Briefing Paper.

    This is a technical economic report, that will provide the economic analysis to identify the current operating conditions for your firm/organisation. The economic situation analysis will apply economic theories, concepts and tools introduced over the first four weeks of this course. You will learn how to provide relevant information to key stakeholders to support decision-making with economic analysis.

     

    Assessment 3 - Strategic Growth Proposal

    This Strategic Growth Proposal will be developed for the relevant decision maker of your firm/organisation. It will build upon the economic situation analysis conducted in Assessment 2: Economic Situation Analysis.

    The purpose of this assessment is to develop a technical economic proposal, that will provide the economic analysis to identify the future performance opportunities and forecasts for your firm/organisation. The strategic growth proposal will enable you to apply the economic theories, concepts and tools introduced through this course to do an economic analysis and make recommendations for future growth options.

    The purpose of this assessment is to demonstrate application of strategic economic research and analysis to make recommendations for managerial decision making that will result in enhanced organisational performance and growth.

     

    Assessment 4 - Critical Business Reflection

    This is the final assessment of the course. It draws upon the course learnings as the criteria for your reflection. You will need to review your understanding of managerial economics introduced in the course, not just those relevant to your industry.

    Use the lessons from the readings, textbook(s) and your course notes (reflective journal) to critically reflect on your learning in the course. Analyse the relevance of your understanding towards your MBA by reviewing your reflections and writing a brief (equivalent to 800 words) critiquing your strengths and weaknesses in preparing for further research.

    The purpose of this assessment is to critically reflect on your accumulated learnings and experience of the course, which may contribute towards the final research project.

    Submission
    All text based assignments must be submitted via MyUni.

    Please refer to step by step instructions: 

    There are a few points to note about the submission of assignments:

    Assignment Submission: Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.

    Cover Sheet: Please include in the assignment a completed 最新糖心Vlog of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work. Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.

    Backup Copy of Assignments: You are advised to keep a copy of your assignments in case the submitted copy goes missing. Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.

    Extensions of Time: An application for Assessment Extension should be made well before the due date of the assignment to the Course Lecturer. Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date. Extensions will only be granted in cases of genuine medical, compassionate or extenuating circumstances.

    Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade. Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in 'Assessment Related Requirements' or 'Assessment Detail' above). Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.

    Resubmission & Remarking Resubmission of an assignment for remarking after reworking it to obtain a better mark will not normally be accepted. Approval for resubmission will only be granted on medical or compassionate grounds. All assignments must be submitted by Sunday night, 11:59pm of the week in which they are due.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through .

  • Student Feedback

    The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support

    Fully Online Postgraduate Courses Students

    Counselling for Fully Online Postgraduate Students

    Fully online students can access counselling services here:

    Phone: 1800 512 155 (24/7) 

    SMS service: 0439 449 876 (24/7) 

    Email: info@assureprograms.com.au

    Go to the  to learn more, or speak to your Student Success Advisor (SSA) on 1300 296 648 (Monday to Thursday, 8.30am–5pm ACST/ACDT, Friday, 8.30am–4.30pm ACST/ACDT)

  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

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