COMM 601

Principles of Managerial Economics

Course overview

An introduction to the theory and practice of decision-making based on the principles of economics. Study includes the structure of markets and relationships between business enterprise and the environment, other companies, customers and employees.

This course is offered in term 2, term 4 and January summer school.  

Course information

Available semesters Semester 2 2023
Credits 10
Domestic fees $673.00

What you will learn

After successfully completing this course, you’ll be able to:

  1. Clearly explain the key theories and principles underpinning the discipline of economics.
  2. Explain the role that economics plays in business and society.
  3. Describe the contribution that economics makes to the creation of global value chains.
  4. Generate solutions to complex business problems using economic principles.
  5. Use critical thinking to analyse real world business decisions.
  6. Display a heightened ethical awareness of the social impacts of economic thinking.

Course examiners

Wanglin Ma

Associate Professor Wanglin Ma

Senior Lecturer

Department of Global Value Chains and Trade