• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Areas of interest Economics, Management
  • Academic career Undergraduate
  • Course convener
    • Dr Marina Iskhakova
  • Mode of delivery In Person
  • Co-taught Course ECON6014
  • Offered in First Semester 2019
    See Future Offerings

Managerial economics looks at the economics of decisions facing and impinging upon managers, the central decision makers in firms.  This includes a discussion of the nature of the firm and looking at relationships between managers and owners and between managers and other employees.  Consideration will be given to the nature of decision-making in different market structures and how a manager is constrained by the market structure in which their firm operates.  We will discuss pricing strategies in different contexts and also look at some economics of information as it relates to managerial decision making.

Learning Outcomes

Upon successful completion of the requirements for this course, students will be able to:
• Understand the roles of managers in firms
•  Understand the internal and external decisions to be made by managers
•  Design competition strategies, including pricing, product differentiation, research & development, and marketing,  according to the natures of products and the structures of the markets
• Design optimal incentive schemes, including salary, bonus, and stock options, for employees at different levels of the firm
• Analyse real-world business problems with a systematic theoretical framework.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Written Assignment 40%
Team Presentation 20%
Final Exam 40%
 

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Workload

2 hours of lectures + 1 hour of tutorial + 6 hours private study

Requisite and Incompatibility

To enrol in this course you must have completed ECON1101. Incompatible with ECON6014.

Preliminary Reading

None.

Majors

Minors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2019 $4140
International fee paying students
Year Fee
2019 $5460
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
2818 25 Feb 2019 04 Mar 2019 31 Mar 2019 31 May 2019 In Person

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