CO5125 - Economics for Managers

Credit points:	03
Year:	2011
Student Contribution Band:	Band 3
Administered by:	School of Business

This subject introduces managers to relevant concepts in Macroeconomis and Microeconomics and develops understanding of the various economic interrelationships, both domestic and international, which will help them to reach informed business decisions. The subject introduces the economic principle of demand and supply which builds a foundation to understanding topics such as market forces, externalities, the environment, competition, trade, pricing practices, government policy, economic growth, and globalisation.

Learning Outcomes

• Demonstrate an understanding of concepts and analyses in microeconomics and macroeconomics;
• Apply these concepts to contemporary microeconomic and macroeconomic problems in business and government;
• Understand current economic issues and their probable impact on business and government.

Graduate Qualities

• The ability to appraise information critically;
• The ability to use independent judgment to synthesise information to make intellectual and/or creative advances;
• The ability to think laterally and be original;
• The ability to conceptualise and evaluate a range of potential solutions to relevant problems;
• The ability to encompass and use methods and conceptual advances in areas of knowledge cognate to their central area(s) of expertise.

Inadmissible Subject Combinations:

EC5103 LB5003

Availabilities
Townsville, Block, Study Period 6
Census Date 23-Jun-2011
Non-standard start/end 03-Jun-2011 to 29-Jul-2011
Face to face teaching 03-Jun-2011 to 19-Jun-2011 (Fri 3/6 6pm-9pm, Sat 4/6 & Sun 5/6 9am-5pm AND Fri 17/6 6pm-9pm, Sat 18/6 & Sun 19/6 9am-5pm)
Coordinator:	Professor Zhang-Yue Zhou
Lecturers:	Professor Zhang-Yue Zhou, Dr Taha Chaiechi.
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
Cairns, Block, Study Period 5
Census Date 05-May-2011
Face to face teaching 20-May-2011 to 05-Jun-2011 (Fri 20/5 6pm-9pm, Sat 21/5 & Sun 22/5 9am-5pm AND Fri 3/6 6pm-9pm, Sat 4/6 & Sun 5/6 9am-5pm)
Coordinator:	Professor Natalie Stoeckl
Lecturers:	Professor Natalie Stoeckl, Dr Taha Chaiechi.
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Internal, Study Period 51
Census Date 24-Mar-2011
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Block, Study Period 56
Census Date 22-Sep-2011
Non-standard start/end 04-Jul-2011 to 16-Oct-2011
Face to face teaching 24-Sep-2011 to 16-Oct-2011 (This subject finishes the weekend after the SP ends but before the SP release date 31 Oct.)
Coordinator:	Professor Zhang-Yue Zhou
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Internal, Study Period 52
Census Date 21-Jul-2011
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Internal, Study Period 53
Census Date 17-Nov-2011
Coordinator:	Dr Taha Chaiechi
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 21
Census Date 14-Apr-2011
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 22
Census Date 11-Aug-2011
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 23
Census Date 08-Dec-2011
Contact hours:	36 hours lectures
Assessment:	end of semester exam (35%); other exams (35%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.