Course Title: Business and Economic Analysis
Part A: Course Overview
Course Title: Business and Economic Analysis
Credit Points: 12.00
Terms
Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
BUSM3243 |
City Campus |
Postgraduate |
660H Graduate School of Business and Law |
Face-to-Face | Sem 1 2006, Sem 2 2006, Sem 1 2007, Spring2007, Sem 1 2008, Spring2008, Sem 1 2009, Sem 2 2009, Spring2009, Sem 1 2010, Sem 2 2010, Spring2010, Sem 1 2011, Sem 2 2011, Sem 1 2012, Sem 2 2012, Sem 1 2013, Sem 2 2013, Sem 1 2014, Sem 1 2015, Sem 2 2015, Sem 1 2016, Sem 1 2017, Sem 1 2018 |
BUSM3244 |
RMIT University Vietnam |
Postgraduate |
660H Graduate School of Business and Law |
Face-to-Face | Viet2 2007, Viet1 2008, Viet2 2008, Viet3 2008, Viet1 2009, Viet2 2009, Viet3 2009, Viet1 2010, Viet2 2010, Viet3 2010, Viet1 2011, Viet2 2011, Viet3 2011, Viet1 2012, Viet2 2012, Viet3 2012, Viet2 2013, Viet1 2014, Viet3 2014, Viet1 2015, Viet3 2015, Viet1 2016, Viet2 2016, Viet3 2016, Viet2 2017, Viet3 2017, Viet1 2018, Viet2 2018, Viet3 2018, Viet1 2019 |
BUSM3997 |
RMIT Vietnam Hanoi Campus |
Postgraduate |
660H Graduate School of Business and Law |
Face-to-Face | Viet3 2008 |
BUSM4346 |
Open Learning Australia |
Non Award |
660H Graduate School of Business and Law |
Distance / Correspondence | OUAS1PG18 |
Course Coordinator: Mr Aaron Lane
Course Coordinator Phone: +61 3 9925 5309
Course Coordinator Email: aaron.lane@rmit.edu.au
Course Coordinator Location: Melbourne Campus Building 13 Level 2
Course Coordinator Availability: By appointment
Pre-requisite Courses and Assumed Knowledge and Capabilities
None.
Course Description
This course will develop your ability to understand, analyse and use economic logic and data to inform business decision-making. You will investigate external environmental factors which affect business performance, such as macroeconomic trends and government policy. It also examines optimal business strategies in response to different external environments, such as pricing and product differentiation. The course will develop your skills in statistical analysis. Through the application of these techniques you will develop a modern managerial approach to evaluating business arguments and making decisions.
Objectives/Learning Outcomes/Capability Development
-
On successful completion of this course you will be able to:
- Apply your knowledge of economics to the practice of management
- Analyse quantitative and qualitative information to assess risk implications in business decisions
- Interpret economic data and assess impact on business decisions
- Undertake independent academic research
- Present quantitative information in a clear simple and informative format
Overview of Learning Activities
There are two key learning activities in this course. The first happens within the classroom and the second is what is known as self-directed learning. Classroom activities will focus on both the theoretical and practical aspects of economic and statistical theory. You are taught how to use statistical approaches to the interpretation of data and the employment of economic concepts in business decision making.
It is expected that every student enrolled in this course will engage in self-directed learning. This includes the studying of lecture notes/textbook before and after classes. The formation of study/discussion groups is encouraged. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.
Overview of Learning Resources
From 2018, Canvas is RMIT University's Learning Management System. Canvas is a flexible online system which will provide you with an engaging and exciting learning experience as part of your studies with us. The Canvas platform will be the primary site for you to gain access to all the resources designed to support your learning in this course. Your Canvas portal can accessed by logging into the following RMIT page: https://www.rmit.edu.au/students
Overview of Assessment
The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:
Assessment Task 1: 25%
Linked CLOs: 1, 2, 3, 4, 5
Assessment Task 2: 25%
Linked CLOs: 1, 3, 4, 5
Assessment Task 3: 50%
Linked CLOs: 1, 3, 4, 5
Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.