APPLIED BUSINESS ECONOMICS
BUA5ABE
Not currently offered
Credit points: 15
Subject outline
This subject provides a basis for understanding price determination under various market structures (perfect competition, monopolistic competition, oligopoly and monopoly). The application of these theories will provide students with a knowledge and appreciation of the market structures that arise in economies. In addition, students will gain an understanding of the reasons for government interventions in the market place. Topics include consumer behaviour and demand, costs and supply, firm behaviour, price determination and the operation of markets.
Faculty: Faculty of Business, Economics and Law
Credit points: 15
Subject Co-ordinator: Bret Slade
Available to Study Abroad Students: Yes
Subject year level: Year Level 5 - Masters
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: The Department of Finance has an expectation of 80% attendance in all lectures. The University reserves the right to offer this subject in other modes including seminars, lectures, and block mode or modes using electronic technologies. When offered in different modes, assessment schemes may also be varied.
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Principles of Microeconomics | Prescribed | Gans, J. King, S. & Gregory Mankiw, N. | 4TH EDN, CENGAGE LEARNING AUSTRALIA, 2009 |