Faculty of Business and Economics

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Monash University

Monash University Handbook 2010 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

FacultyFaculty of Business and Economics
OfferedCaulfield Second semester 2010 (Day)
Coordinator(s)Dr Asadul Islam


Business in Australia; objective; different forms; demand and cost structure; capital structure; structure-conduct-performance paradigm; industry structure; diversification and vertical integration; barriers to entry of firms; advertising; research and development; innovation; industry and trade policies; effects of policies on international markets with emphasis on Asian market; regulations of businesses and functions of regulatory bodies; the performance of public and private sector.


The learning goals associated with this unit are to:

  • understand the concepts used in the economic analysis of business and the policy framework within which business operates
  • analyse how business policies impact; be able to evaluate, from the perspective of the firm or economy as a whole, the impacts of policy on business
  • apply models of behaviour to specific cases
  • develop a critical interest in economic policy directed to business
  • develop skills in researching impacts of policy on business, and in communicating the results of this research.


Within semester assessment: 30%
Examination (2 hours): 70%

Chief examiner(s)

Asadul Islam

Contact hours

3 hours per week


ECF1100, ECW1101 or ECC1000