ECF3731

Managerial economics ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Dr George Rivers

Offered:
Caulfield Second semester 2005 (Day)

Synopsis: Students will deepen their knowledge of the differing views of the firm. Topics include: the firm within a capitalist economic system; the macroeconomic constraints on the firm; the market structural constraints on the firm; differing perspectives of the firm - the conventional economic, technological view, the accounting, management and marketing views, the recent transaction costs and new classical view; how these different areas explain current issues such as downsizing and electronic commerce.

Assessment: Case study (1500 words): 20% + Mid-semester test: 20% + Examination (2 hours): 60%

Contact Hours: 3 hours per week

Prerequisites: ECF1100 or ECF2100 or equivalent

Prohibitions: PMM2020