ECON20040 - Economics and Finance for Business

General Information

Unit Synopsis

In this unit you will address the fundamental workings of the market mechanism, an overview of micro and macro economics and the role of governments and independent central banks in regulating and managing economic activity. You will address the international factors that affect domestic economies and how this in turn affects organisational performance. The unit will provide you with a fundamental understanding of the language of economics and finance, and the key issues that managers must be familiar with to work with finance managers and economists. You will be introduced to a range of financial decision making concepts such as financial goals, financial markets, financial mathematics, risk and return, asset pricing, capital budgeting, cost of capital, capital structure and dividend policy. As this is an integrated unit bringing together the related concepts of economics and finance, you will explore and acquire an understanding of effective financial management, domestic and global economic forces and the inherent relationship between these factors.

Details

Level Postgraduate
Unit Level Not Applicable
Credit Points 6
Student Contribution Band 3
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Only students enrolled in CL20 Master of Business Administration or CC52 Graduate Diploma of Business Administration or CC51 Graduate Certificate in Business Administration can enrol in this unit.

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 2 - 2019

Term 2 - 2019 Profile
Melbourne
Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

This information will not be available until 8 weeks before term.
To see assessment details from an earlier availability, please search via a previous term.

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Procedures for more details of interim results and final grades

Past Exams

To view Past Exams, please login
Previous Feedback

Term 2 - 2018 : The overall satisfaction for students in the last offering of this course was 4.5 (on a 5 point Likert scale), based on a 40% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Student's feedback.
Feedback
Spread the assessments out through the semester.
Recommendation
Have one of the assignments earlier in the term.
Action Taken
Nil.
Source: AIMS
Feedback
Low enrollment numbers.
Recommendation
Promote MBA to campus students not only to flex.
Action Taken
Nil.
Unit learning Outcomes
This information will not be available until 8 weeks before term.
To see Learning Outcomes from an earlier availability, please search via a previous term.