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ECON1048 · RMIT University

Managerial and Business Economics

Credit points
12
Level
—
Workload
—
Faculty
College of Business and Law

What it covers

This course provides you with the economic toolkit that is essential for business decision-making. You will be introduced to the economic context in which businesses compete. You will learn how value is created by a firm, and the circumstances under which a firm can capture this value in the form of corporate profits. We will explore the tension that exists between a firm's acquisition of market power and social welfare, and examine how this tension leads to government intervention in markets. Throughout the course you will apply the principals of strategic decision-making to your analysis.

Assessment

Assessment not published yet.

When and where

Teaching periodCampusMode
City