James Cook University Subject Handbook - 2016

EC5204 - Managerial Economics

Credit points: 03
Year: 2016
Student Contribution Band: Band 3
Administered by: College of Business, Law & Governance

Managerial economics helps decision-makers use fundamental microeconomics concepts to improve their decision-making process. It focuses on those aspects of theory which are immediately applicable to the practical problems faced by decision-makers, both in the private and government sectors of an economy. Topics of greatest interest and importance to decision-makers are addressed, such as demand, production, cost, market structure, investment analysis, and decision making under conditions of risk and uncertainty. The subject is tailored to students who (envision to) work at a position that requires advanced economics skills.

Learning Outcomes

Assumed
Knowledge:
Introductory subjects in Economics and Statistics
Inadmissible
Subject
Combinations:
EC2002 BX2021

Availabilities

Townsville, Internal, Study Period 1
Census Date 24-Mar-2016
Coord/Lect: Dr Sizhong Sun.
Contact hours:
  • 41 hours - Combined lectures; Tutorials/Workshops; Lecturer directed activities.
    Assessment:end of semester exam (50%); quizzes or tests (20%); assignments (30%).

    External, Study Period 1
    Census Date 24-Mar-2016
    Coord/Lect: Dr Sizhong Sun.
    Contact hours:
    • 0 hours
      Method of Delivery:WWW - LearnJCU
      Assessment:end of semester exam (50%); quizzes or tests (20%); assignments (30%).

      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.