Please note - Swinburne University of Technology

Recognition of prior learning
Credit will be given for a comparable unit successfully
completed at the graduate level.
Subject aims
This unit will provide an introduction to aspects of microeconomics
which will promote an understanding of the
nature and characteristics of markets. Students will become
familiar with analytical methods which enable them to
evaluate critically the policies and behaviour of households,
firms and the government. An understanding of the
dominant market factors affecting an organisation is
essential to the development of appropriate forecasting
techniques.
Subject description
Introduction to the market system. Basic market theory.
Demand analysis.
Production and costs.
Market structures.
Public policy.
Trade and protection.
Textbook
Students are expected to have access to at least one of the following
texts:
Terry, C., and Forde, K. Micmeconomics: An Introduction for
Australian Students. 3rd ed, Sydney: Prentice-Hall, 1992
Waud, R. and Hocking, A. Micmeconomics 2nd Australian Edition,
Sydney: Harper and Row, 1992
BE603 International Finance and Monetary
Theory
Prerequisite: BE503 Financial Institutions and
Markets should be completed or undertaken
concurrently
Subject aims
To introduce students to the structure and workings of
international financial centres and markets and to provide a
study of issues relating to international financial transactions,
monetary theory and internal-external management.
Subject description
The following list should be taken as a guide only:
The international financial environment
current position
major indicators
outlook
Australia's external position
balance of payments
terms of trade
external debt
Foreign exchange markets
exchange rate determination
fixed versus floating exchange rate mechanisms
transactions in foreign exchange markets
foreign exchange risk management
The international financial system
international financial centres and markets
international banking
References
Kane, D.R. Principles of International Finance. London: Croom Helm,
1988
Lindert. PH. International Economics. 9th ed, Homewood, Illinois:
Irwin, 1991
Manuell, G. Floating Down Under - foreign Exchange in Australia.
Sydney: Law Book Co. Ltd., 1986
BE701 Economics for Management
Course: MBA
Prerequisites: none. This unit is compulsory.
Subject aims
The basic objective of this unit is to provide an
understanding of economic issues relevant to management
and the application of economic concepts to effective
decision making.
Specific objectives include:
to provide an understanding of the economic
environment in which business operates;
to develop skills in interpreting economic reports and
policy statements and in evaluating the implications of
government policies for managerial decisions;
to encourage appreciation of the linkages between
different economies and the impact of changes in the
international economy on specific markets and industries.
Subject description
Topics to be covered include:
Economics and efficiency
critical economic concepts for management
Management, industry and government
market structure, conduct and performance
performance indicators
policies for improved performance
government and industry policy
adapting to structural change
The macroeconomic environment
key macroeconomic variables
sources of information on economic performance
influences on the level of economic activity
economic fluctuations
The international environment
trade and capital flows
the determination of exchange rates
managing foreign exchange exposure
international financial markets
implications of the international economy for managerial
decision making.
Texts or References
Drake, P.J. and Nieuwenhuysen, J.P. Economic Growth for Australia.
CEDA Monograph M88, Melbourne: Oxford University Press, 1988
Economic Roundup. The Treasury, Selected Publications
The Economist
Indecs. State of Play 7. Sydney: Allen & Unwin, 1992
Keating, M. and Dixon, G. Making Economic Pblicy in Australia,
1983-1988. Melbourne: Longman Cheshire. 1989
Reserve Bank of Australia (Selected Bulletins and Special Reports)
Terry, C., Jones, R. and Braddock, R. Australian Micmtvonomic
blicies. 3rd ed, Sydney: Prentice-Hall, 1988
BHI 10 Organisations and Management
No. of hours per week: three hours
Prerequisites: nil
Instruction: lecturehutorial
Assessment: examination/assignments
Subject aims and description
The objectives of this unit are:
to enable students to gain an understanding of the
nature of organisations, the management functions in
relation to strategy, structure and behaviour, and the
management roles of planning, decision-making,
organising, leading, staffing and controlling;
to develop students' abilities to apply organisation theory
to organisation situations;