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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Economics and Business Strategy (MBS686)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S1-internal, S1-external, S2-internal, S2-external
KAPLAN-SGP: TJA-internal, TMA-internal, TSA-internal
Teaching Timetables Murdoch S1
Murdoch S2
Description Increasing competition and rapid technological change mean that, more than ever before, managers must have a sound understanding of the economic fundamentals of business enterprises, the operation of markets and the role played by governments. In this unit particular emphasis is given to the strategic interdependence of many businesses and their efficiency
Unit Learning Outcomes On successful completion of the unit the student should be able to:
LO1 Construct models to analyse the workings of the market, the firm, and consumer behaviours;
LO2 understand a variety of important productivity measurements and concepts, and connecxtions between them and the short and long run costs structures;
LO3 estimate and measure total factor productivity;
LO4 be a more informed decision maker in your roles as a manager, employer, citizen, consumer, and employee;
LO5. Improve your ability to think critically about business strategies (or mechanisms) that could drive innovation and productivity growth.
LO6. Demonstrate the ability to work effectively as a team member to achieve a shared objective.
Timetabled Learning Activities Workshop 1x 2.5 hour weekly for South Street Campus.
All offerings of this unit include the equivalent of 30 hours of structured learning.
Unit Learning Experiences The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by in class discussions, case study exercises and assignments designed to foster knowledge application and skills development. This is enhanced by structured self-directed learning to further develop skills and application of knowledge to practical and current issues.
Assessment In Class Test (20% )
Major Repoirt (20%)
Report Presentation (10%)
Final Exam (50%)
Prerequisites Enrolment in a graduate level course
Exclusions Students who have completed MBS666 Economics and Business Strategy may not enrol in this unit for credit.
Previously 2013: MBS666
Appears in these Courses/Majors:
see individual structures for context
Graduate Certificate in Business Administration (GradCertBusAdmin)
Master of Business Administration (Global) (MBA(Global))
Master of Business Administration (MBA) [New in 2016]
Master of Business Administration + Master of Human Resources Management (MBA)+(MHRM) [New in 2019]
Master of Professional Accounting (Advanced) (MPA(Adv))
Master of Professional Accounting (MPA)
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Dr Ranald Taylor
Senior Lecturer in Economics

Murdoch Campus
t: 9360 2533
e: Ranald.Taylor@murdoch.edu.au
o: 512.2.015 - Murdoch Business School, Murdoch Campus
Unit Contacts

MURDOCH: S1-External
MURDOCH: S1-Internal
MURDOCH: S2-External
MURDOCH: S2-Internal
Dr Ranald Taylor
Senior Lecturer in Economics

Murdoch Campus
t: 9360 2533
e: Ranald.Taylor@murdoch.edu.au
o: 512.2.015 - Murdoch Business School, Murdoch Campus

Ms Vanessa Grida

Murdoch Campus
t: 9360 2254
e: Vanessa.Grida@murdoch.edu.au
o: 440.3.002 - Social Sciences, Murdoch Campus
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