Code: BUS702 Title: Economics for Managers代写
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					  Code: BUS702 Title: Economics for Managers代写Course outline
	Code: BUS702
	Title: Economics for Managers
	Faculty of Arts, Business and Law
	School of Business
	Teaching Session: ATMC Semester 2
	Year: 2016
	Course Coordinator: Dr Tyron Venn
	1. What is this course about?
	1.1 Course description
	This course aims to provide you with a systematic overview of economics as a foundation study in business, covering microeconomics, macroeconomics and introducing international economics. Business managers need to be aware of the economic environment in which they work, and the impact this environment has on their decision-making.
	1.2 Course content
	 Introduction to Economics
	 Economic Policy and Growth
	 The market system and pricing
	 Competition and market power
	 Market and government failure
	 Labour, investment and the environment
	 Introduction to Macroeconomics; price stability
	 Interest rates; unemployment
	 Fiscal policy and the business cycle
	 Introduction to international economics
	 Labour flows; the balance of payments
	 Exchange rates
	2. Unit value
	12 units
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	Course Outline: BUS702 Economics for Managers
	3. How does this course contribute to my learning?
	Specific Learning Outcomes
	On successful completion of this course you should be able to:
	Assessment Tasks
	You will be assessed on the learning outcome in task/s:
	Graduate Qualities
	Completing these tasks successfully will contribute to you becoming:
	Demonstrate knowledge of microeconomic principles and the ability to apply these principles to business decisions.
	1 and 3
	Knowledgeable.
	Empowered.
	Demonstrate knowledge of macroeconomic principles and apply these principles to judging economic policy.
	1 and 3
	Knowledgeable.
	Empowered.
	Demonstrate the ability to structure an economic argument and support it with relevant theory and evidence.
	2
	Empowered.
	Creative and critical thinkers.
	4. Am I eligible to enrol in this course?
	Refer to the Coursework Programs and Awards - Academic Policy for definitions of “pre-requisites, co-requisites and anti-requisites”
	4.1 Enrolment restrictions
	Must be enrolled in a Postgraduate program
	4.2 Pre-requisites
	Nil
	4.3 Co-requisites
	Nil
	4.4 Anti-requisites
	MBA708 or EMB758
	4.5 Specific assumed prior knowledge and skills
	Nil
	5. How am I going to be assessed?
	5.1 Grading scale
	Standard – High Distinction (HD), Distinction (DN), Credit (CR), Pass (PS), Fail (FL)
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	Course Outline: BUS702 Economics for Managers
	5.2 Assessment tasks
	Task No.
	Assessment Tasks
	Individual or Group
	Weighting
	%
	What is the duration / length?
	When should I submit?
	Where should I submit it?
	1
	On-line tests
	Individual
	20%
	Will vary from 15 to 25 minutes
	Weekly Weeks 2 to 11
	Online via Blackboard
	2
	Essay
	Individual
	40%
	2000 words (excluding graphs and bibliography)
	Week 8, Monday, 5pm AEST
	SafeAssign
	3
	Final open-book exam
	Individual
	40%
	2 hours
	Exam week
	Online via Blackboard
	100%
	Assessment Task 1: On-line tests
	Goal:
	To demonstrate and apply knowledge of economic principles. Economics uses a range of tools and models which may be new to many students and which build up as the course progresses. These tests have been designed to help you check that you have understood important new ideas step by step.
	Product:
	Answers to objective test items.
	Format:
	Each week from weeks 2 to 11, a short test containing objectives items will be available on-line. It must be answered within a time limit (which will vary from 15 to 25 minutes) by choosing or entering the correct answer.
	Only the best 5 results (out of 10 tests) will count for 4% each, giving a possible total of 20%.
	Criteria
	Accuracy of answers.
	Generic skill assessed
	Skill assessment level
	Problem solving
	Graduate
	Assessment Task 2: Essay
	Goal:
	The topic will require you to apply your knowledge of the economic theory you have learned in the context of a contemporary problem. In doing this, you will develop skills that will allow you to understand current economic events..
	Product:
	Essay
	Format:
	This is an individual assessment.
	Introduction and conclusion
	The introduction should be one paragraph that introduces the topic of your essay, answers the question, and shows how you intend to address this topic.
	The conclusion should summarize the major points covered in the essay and bring these together in a way which follows logically from the body of the paper. New ideas should not be introduced in the conclusion.
	Body
	While essays should be written in a formal tone, they should also be written clearly and concisely. This means you should use paragraphs composed of short sentences and
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	Course Outline: BUS702 Economics for Managers
	choose the simplest words that convey your meaning accurately. Your essay should also be structured so that your argument flows logically from point to point.
	The content of your argument should be factually correct and relevant to the question.
	Research and references
	The essay should demonstrate the depth of your reading on the subject.
	Reference your discussion in Harvard style. This means that whenever you draw on another author’s argument or theory; include the author’s name and the year of the publication in brackets at the end of the sentence. If you quote directly from that author, use inverted commas eg ‘……’ around the quote and include the page number in the brackets. Do not use footnotes for references. This link at ANU gives some simple examples of how to use Harvard style , as well as links to further detail:
	https://academicskills.anu.edu.au/resources/handouts/referencing-harvard
	At the end of your essay, you should include a bibliography, which lists more complete details for the sources you have referenced within the body of your essay. The citation for each reference should be author, year of publication, title of the book or article, publisher and city of publication. If you are citing from a newspaper or journal article, the citation should be author, year of publication, title of the article, title of the newspaper or journal, volume and issue number or date if it is a newspaper article, page number(s) of the article.
	Spelling, grammar and presentation
	Attention to the final edited version of your paper is important. It is expected that you will not have spelling or grammatical errors in your presentation and that your essay will use idiomatic standard English.
	You are required to word process your essay. Type on one side of the page only, using double-spacing, font size 12 and wide margins.
	Graphs or statistical information do not contribute to the word count but may be a useful part of your essay. It is important that they are relevant to the argument that you are developing, are actually referred to in the discussion component of your answer and are presented in your assignment as close as possible to this discussion. It is quite acceptable to use hand drawn graphs, provided they are correctly and neatly labelled, and all graphs are relevant. Hand drawn graphs can either be scanned into your essay in order to facilitate electronic submission.
	Criteria
	 Economic analysis
	 Correct and clear argument
	 Communication
	 Referencing - Harvard system,
	 Grammar, spelling and presentation
	 Essay structure
	Generic skill assessed
	Skill assessment level
	Communication
	Graduate
	Information literacy
	Graduate
	Assessment Task 3: Final open-book exam
	Goal:
	To demonstrate an understanding of both the macroeconomic and microeconomic principles developed in the course and of their application.
	Product:
	Final exam
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	Course Outline: BUS702 Economics for Managers
	Format:
	This assessment task will be made up of short answer questions. The exam may cover all parts of the course. A sample exam will be provided on blackboard during the course. The final assessment will be available by noon on Friday before the exam week and must be submitted by noon on the following Friday.
	Criteria
	Short answer questions
	The answers provided will demonstrate a depth of understanding of the applications of the theoretical material and economic concepts learned during the course.
	Although the assessment is open-book, researched answers and references are not required. Students should answer from the knowledge they have acquired during the course.
	Generic skill assessed
	Skill assessment level
	Problem solving
	Graduate
	Communication
	Graduate
	5.3 Additional assessment requirements
	Plagiarism In order to minimise incidents of plagiarism and collusion, this course may require that some of its assessment tasks, when submitted to Blackboard, are electronically checked through SafeAssign. This software allows for text comparisons to be made between your submitted assessment item and all other work that SafeAssign has access to.
	Eligibility for Supplementary Assessment Your eligibility for supplementary assessment in a course is dependent of the following conditions applying: a) The final mark is in the percentage range 47% to 49.4% b) The course is graded using the Standard Grading scale c) You have not failed an assessment task in the course due to academic misconduct
	5.4 Submission penalties
	Late submission of assessment tasks will be penalised at the following maximum rate:
	 5% (of the assessment task’s identified value) per day for the first two days from the date identified as the due date for the assessment task.
	 10% (of the assessment task’s identified value) for the third day
	 20% (of the assessment task’s identified value) for the fourth day and subsequent days up to and including seven days from the date identified as the due date for the assessment task.
	 A result of zero is awarded for an assessment task submitted after seven days from the date identified as the due date for the assessment task.
	Weekdays and weekends are included in the calculation of days late. To request an extension you must contact your course coordinator to negotiate an outcome.
	6. How is the course offered?
	6.1 Directed study hours
	On campus Lecture: 3 hours per week
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	Course Outline: BUS702 Economics for Managers
	6.2 Course activities
	Teaching
	Week / Module
	What key concepts/content will I learn?
	What activities will I engage in to learn the concepts/content?
	Directed Study Activities
	Independent Study Activities
	1
	Introduction to Economics
	Interactive Lecture
	Text Chapter 1
	2
	Economic Policy and Growth
	Interactive Lecture
	Refer to Blackboard
	3
	The market system and pricing
	Interactive Lecture
	Text Chapters 3, 5 and 7
	4
	Competition and market power
	Interactive Lecture
	Text Chapters 6 & 8
	5
	Market and government failure
	Interactive Lecture
	Text Chapters 9
	6
	Labour, investment and the environment
	Interactive Lecture
	Text Chapters 11
	7
	Introduction to macroeconomics, price stability
	Interactive Lecture
	Text Chapters 3 & 10
	8
	Interest rates; unemployment
	Interactive Lecture
	Text Chapters 10 & 13
	9
	Fiscal policy and the business cycle
	Interactive Lecture
	Text Chapters 3
	10
	Introduction to international economics
	Interactive Lecture
	Text Chapters 14
	11
	Labour flows; the balance of payments
	Interactive Lecture
	Text Chapters 14
	12
	Exchange rates
	Lecture
	Text Chapters 14
	Please note that the course activities may be subject to variation.
	7. What resources do I need to undertake this course?
	7.1 Prescribed text(s)
	Please note that you need to have regular access to the resource(s) listed below:
	Study Guide for BUS702, which will be available to purchase in printed form from Print Services and also will be downloadable (free) from Blackboard.
	Author
	Year
	Title
	Publisher
	Cohen, Ivan K.
	2016
	Economics for Business: A Guide to Decision Making in a Complex Global Macroeconomy
	Kogan Page Limited ISBN 978 0 7494 7019 7
	7.2 Required and recommended readings
	Lists of required and recommended readings may be found for this course on its Blackboard site. These materials/readings will assist you in preparing for tutorials and assignments, and will provide further information regarding particular aspects of your course.
	7.3 Specific requirements
	Nil
	7.4 Risk management
	There is minimal health and safety risk in this course. It is your responsibility to familiarise yourself with the Health and Safety policies and procedures applicable within campus areas.
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	Course Outline: BUS702 Economics for Managers
	8. Links to relevant University policies and procedures
	For more information on Academic Learning & Teaching categories including:
	 Assessment: Courses and Coursework Programs
	 Review of Assessment and Final Grades
	 Supplementary Assessment
	 Administration of Central Examinations
	 Deferred Examinations
	 Student Academic Misconduct
	 Students with a Disability
	http://www.usc.edu.au/university/governance-and-executive/policies-and-procedures#academic-learning-and-teaching
	Code: BUS702 Title: Economics for Managers代写