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CO5125 - Economics for Managers

Credit points: 3
Year: 2012
Student Contribution Band: Band 3
Administered by: School of Business

This subject introduces managers to relevant concepts in Macroeconomis and Microeconomics and develops understanding of the various economic interrelationships, both domestic and international, which will help them to reach informed business decisions. The subject introduces the economic principle of demand and supply which builds a foundation to understanding topics such as market forces, externalities, the environment, competition, trade, pricing practices, government policy, economic growth, and globalisation.

Learning Outcomes

  • Demonstrate an understanding of concepts and analyses in microeconomics and macroeconomics;
  • Apply these concepts to contemporary microeconomic and macroeconomic problems in business and government;
  • Understand current economic issues and their probable impact on business and government.

Graduate Qualities

  • The ability to appraise information critically;
  • The ability to use independent judgment to synthesise information to make intellectual and/or creative advances;
  • The ability to think laterally and be original;
  • The ability to conceptualise and evaluate a range of potential solutions to relevant problems;
  • The ability to encompass and use methods and conceptual advances in areas of knowledge cognate to their central area(s) of expertise.
Inadmissible
Subject
Combinations:
EC5103 LB5003

Availabilities

Cairns, Study Period 7, Block
Census Date 05-Jul-2012
Face to face teaching 06-Jul-2012 to 22-Jul-2012 (Fri 6/7 6pm-9pm, Sat 7/7 & Sun 8/7 9am-5pm AND Fri 20/7 6pm-9pm, Sat 21/7 & Sun 22/7 9am-5pm)
Coord/Lect: Professor Zhang-Yue Zhou.
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Cairns, Study Period 8, Block
Census Date 16-Aug-2012
Face to face teaching 03-Aug-2012 to 09-Sep-2012 (Fri 3/8 6pm-9pm, Sat 4/8 & Sun 5/8 9am-5pm AND Fri 7/9 6pm-9pm, Sat 8/9 & Sun 9/9 9am-5pm)
Coord/Lect: Professor Zhang-Yue Zhou.
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 21, Internal
Census Date 12-Apr-2012
Coordinator: Professor Zhang-Yue Zhou
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 22, Internal
Census Date 09-Aug-2012
Coordinator: Professor Zhang-Yue Zhou
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 23, Internal
Census Date 06-Dec-2012
Coordinator: Professor Zhang-Yue Zhou
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 27, Block
Census Date 13-Dec-2012
Face to face teaching (Teaching 2,3,4,10,11 November with exam weekend 24/25)
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Singapore, Study Period 51, Internal
Census Date 22-Mar-2012
Coordinator: Professor Zhang-Yue Zhou
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Singapore, Study Period 52, Internal
Census Date 09-Aug-2012
Coordinator: Professor Zhang-Yue Zhou
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Singapore, Study Period 53, Internal
Census Date 15-Nov-2012
Coordinator: Professor Zhang-Yue Zhou
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Townsville, Study Period 7, Block
Census Date 05-Jul-2012
Face to face teaching 06-Jul-2012 to 22-Jul-2012 (Fri 6/7 6pm-9pm, Sat 7/7 & Sun 8/7 9am-5pm AND Fri 20/7 6pm-9pm, Sat 21/7 & Sun 22/7 9am-5pm)
Coord/Lect: Professor Zhang-Yue Zhou.
Workload expectations:
  • 36 hours lectures
Assessment: end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.