1996 Swinburne Higher Education Handbook

BE220 Macroeconomics
3 hours per week t! Hawthorn/ Mooroolbark (semester 2)
Prerequisite: BE110 Microeconomics Assessment: multiple
choice tests, assignments, examination
A subject in the Bachelor of Business
Objectives
To provide business students with an understanding and
appreciation of macroeconomic concepts, issues and policies
pertaining to the Australian economy.
Content
This subject introduces students to the key macroeconomic
concepts, issues and policies. Emphasis is on current issues
and policies. To fully appreciate the current Australian
economic and business environment, some theoretical
background is necessary and this is provided in the course
by the AD/AS model. This model is applied to issues such
as inflation, unemployment and external imbalance and is
used to demonstrate the impact of government
macroeconomic policies (wages, fiscal and monetary) on
Australian business and the economy. Within the course
students are introduced to the financial markets, financial
deregulation and Australia's international business
environment.
Recommended reading
Freebairn, M.L., et al., Introduction to Australian Marroeconomics,
3rd edn, Hawthorn, Vic., Citadel Press, 1995
Freebairn, M.L., Study Guide to Accompany Introduction to
Australian Marroeconomics, Hawthorn, Citadel Press, 1995
McTaggart, D. et al. Microeconomics, Australian edn, Sydney,
Addison-Wesley, 1992
Waud, R.N., et al. Economics, 2nd Australian edn, Armaton,
N.S.W., Harper Educational, 1992
Baumol, W. and Blinder, A., Economics: Principles and Policy, 2nd
Australian edn, Sydney, Harcourt Brace Jovanovlch, 1992
BE221 Managerial Economics
3 hours per week Hawthorn Mooroolbark (semester 2)
t! Prerequisite: BE110 Microeconomics also BQl l0
Quantitative Analysis A or BQl l l Quantitative Analysis B
Assessment: examination/assignmat
A subject in the Bachelor of Business
Objectives and Content
To show the relevance of microeconomic concepts to
business decision-making.
This subject deals with topics such as decision making under
conditions of uncertainty, demand analysis with emphasis
on demand estimation, cost analysis and cost concepts for
decision making, pricing decisions in theory and practice
and the goals of the firm and their influence on decision
making.
Recommended reading
Baye, M.R. and Beil, R.O., Managerial Economics and Business
Strategy, Boston, Mass, Irwin, 1994
Douglas, E.J. Managerial Economics Analysis and Strategy. 4th edn,
Englewood Cliffs, New Jersey, Prentice Hall, 1992
Samuelson, W.F. and Marks, S.G., Managerial Economics, 2nd
edn, Fort Worth, Dryden Press, 1995
BE222 Industry and Government
3 hours per week * Hawthorn Prerequisite: BE1 l0
Microeconomics Assessment: examination/assignment
A subject in the Bachelor of Business
Objectives and Content
This subject builds on the material covered in
Microeconomics.
Students who are contemplating major studies in economics
should include this subiect and BE221 Manaeerial " Economic
Analysis in their coursd.
The subject deals with the performance of industry in
contemporary economies with special reference to Australia. In
particular, the subject considers the relationship between
government and industry including regulatory and competition
policy.
Performance criteria, the nature of the modem corporation
(including transnational corporations) and specific approaches
to industrial policy and regulation are discussed.
Recommended reading
Caves, R., Ward, I., Williams, P. and Wright, C. Australian
Industry Structure, Conduct and Performance. 2nd edn, Sydney,
Prentice Hall, 1987
Jones, R., (ed.) Australian Microeconomic Policies. 4th edn,
Sydney, Prentice Hall, 1994
BE223 Industrial Relations
3 hours per week Hawthorn Prerequisite: BE1 l0
Microeconomics Assessment: examination/assignment
A subject in the Bachelor of Business
Objectives and Content
This subject aims to equip students with an understanding of
the Australian industrial relations systems, with particular
emphasis on the Federal and Victorian jurisdictions.
As well as providing a theoretical framework within which
the industrial relations systems operate, the subject will
address a range of contemporary issues including current
federal and state legislative " ~rovisions. labour market
reforms, trade union issues and the role of management in
industrial relations.
Topics to be studied within the subject include:
industrial conflict;
the role of the parties - unions, employers,
government;
t! federal and state arbitral systems;
wage determination;
management and industrial relations.
Specific Recommended reading will be provided at the
beginning of the subject, however, the following
Recommended reading will provide useful preliminary
reading.
Recommended reading
Alexander, R. and Lewer, J., Understanding Industrial Relations,
4th edn, Sydney, Harcourt Brace, 1996.
Deery, S. and Plowman, D. Australian Industrial Relations. 3rd
edn, Sydney, McGraw-Hill, 1991
Hill, J., Howard, W.A. and Lansbury, R. Industrial Relations: An
Australian Introduction. Melbourne, Longman Cheshire, 1982