ECB2731 · Monash University
Managerial economics
- Credit points
- 6
- Level
- 2
- Workload
- ≈ 12 h / week
- Faculty
- Business and Economics
What it covers
This unit explores key microeconomic principles essential for business decision-making, with a focus on the theory of firms. You will analyse cost structures, market conditions, pricing strategies, and strategic interactions between firms. Emphasis is placed on marginal analysis and the use of diagrams and calculus to optimise business performance. Real-world applications are integrated throughout, providing you with practical tools to navigate competitive business environments.
Assessment
| Task | Type | Weight |
|---|---|---|
| 3 - Examination | Examination | 50% |
| 2 - Exercise | Exercise | 20% |
| 1 - Quiz / Test | Quiz / Test | 30% |
When and where
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Peninsula | On-campus |