Please note - Swinburne University of Technology

this is provided in the course by the ADIAS model. This
model is applied to issues such as inflation, unemployment
and external imbalance and 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.
Textbook
Freebairn. M.L. et a1 Introduction ro Australian Macroeconomics.
Citadel Press. 1992
References
Waud, R.N. el al. Economics. 2nd Australian ed, Sydney: Harper
Educational, 1992
Jackson. 1. and McConnell, C.R Economics. 3rd ed, McGraw Hill,
1988
Parkin, er al. Macroeconomics. Australian ed, Addison-Wesley, 1992
BE221 Managerial Economics
No. of hours per week: three hours
Prerequisite: BE1 10 (SM147 or SM148 desirable
but not mandatory)
Assessment: by assignments and examination
Students who are contemplating major studies in economics
2 should include this unit and BE202 Industry and Government
n
in their course.
Subject aims and description
% This unit shows how economic analysis can be used to assist
business decision-making. Case studies are used to illustrate
YI
the concepts involved. The unit deals with these topics:
demand analysis (including empirical demand studies and
forecasting); cost estimation and forecasting; profit and
alternative goals of firms.
References
Douglas. E.J. Managerial Economics; Theory, Practice and Problems.
4th ed. London: Prentice-Hall International, 1992
Pappas, J.L. and Hirschq, M. Managerial Economics. 6th ed,
(International student edition), Chicago: Dryden Press, 1990
Petersen. H.C. and Lewis. WC. Managerial Economics 2nd ed, New
York: MacMillan, 1990
8~222 Industry and Government
No. of hours per week: three hours
Prerequisite: BE1 10
Assessment: by assignments and examination
Students who are contemplating major studies in economics
should include this unit and BE201 Managerial Economic
Analysis in their courses.
Subject aims and description
The unit deals with the performance of industry in
contemporary economies with special reference to Australia
and considers the role of government in these economies.
Performance criteria, the nature of the modern corporation
(including transnational corporations) and specific
approaches to industrial policy and regulation are discussed.
Textbook
To be advised
References
Caves, R., Ward, I., Williams. P and Wright, C. Australian Industry
Structure, Conduct and &rformance, 2nd ed. Sydney: Prentice Hall.
1987
Terry, C.. Jones, R. and Braddock. R. (eds.) Australian Microeconomic
hlicies. 3rd ed, Sydney: Prentice-Hall, 1988
BE223 Industrial Relations
No. of hours per week: three hours
Prerequisite: BE1 10
Assessment: by assignments and examination
Subject aims and description
This unit 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 unit will address
a range of contemporary issues including current Federal and
State legislative provisions, labour market reforms, trade
union issues and the role of management in industrial
relations.
Topics to be studied within the unit include:
industrial conflict
the role of the parties - unions, employers, government
Federal and State arbitral systems
wage determination
management and industrial relations.
Specific references will be provided at the beginning of the
unit, however, the following references will provide useful
preliminary reading.
References
Deery, 5. and Plowman, D. Australian lndustrial Relations, 3rd ed.
New York: McGraw-Hill, 1991
Hill, J., Howard, W.A. and Lansbury, R. lndustrial Relations: An
Australian Introduction. Melbourne: Longrnan Cheshire, 1982
BE224 Economic Evaluation
No. of hours per week: three hours
Prerequisites: BE1 10
Assessment: by assignments and examination
Subject aims and description
This unit provides students with a sound grasp of basic
concepts and techniques of economic evaluation for
application in areas such as: a review of the effectiveness of
budgetary programs, evaluation of major construction
projects and capital equipment acquisition, and costeffectiveness
studies. Emphasis in the unit is on the
development of interpretive skills, through awareness and
knowledge of important factors entering into the evaluation
process and an appreciation of the elements of uncertain
and imprecise information.
Text books
Sugden. R. and Williams, A. The Principles of Practical Cost-Benefit
Analysis. Oxford: Oxford University Press, 1987
Department of Finance. Evaluating Government Programs: Financial
Management Improvement Program. Canberra: Australian
Government Publishing Service, 1987
BE225 Economic Techniques for Business
No. of hours per week: three hours
Prerequisites: BE1 10, BQ110 or BQ111 (or an
approved equivalent)
Assessment: by assignments and examination
Subject aims and description
The aim of this unit is to equip students with the techniques
and skills generally used in economic and market research in
business. The course will cover a wide variety of techniques
with an emphasis on analyses and interpretation of
information rather than underlying mathematical theory.
Topics include:
statistical computing
data analysis
statistical analysis