ECF5927 - Managerial economics - 2018

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.


Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Dr Anmol Ratan


Dr Anmol Ratan

Unit guides



  • First semester 2018 (On-campus)


Students must be enrolled in course B6001 or B6014.


ECC5900, ECF2731, ECG2731, ECS2731, ECW2731.


Students will develop sound knowledge of the differing views of the firm and industry. 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.


The learning goals associated with this unit are to:

  1. understand and recognise the various processes involved in investment decision making
  2. understand and explain the relevant factors behind risk analysis and risk management
  3. understand and analyse firm pricing strategies
  4. recognise and critically evaluate theories of the organisation known as the firm and the role of managers in such an organisation; and develop an understanding of strategic games in the context of business applications.


Within semester assessment: 40% + Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information