The subject provides an introduction to the fundamentals of microeconomics and strategy, and applies this knowledge to a number of business and management issues. Topics to be covered include: the working of competitive markets and the determination of market prices and quantities; the organisation of the firm and various measures of the costs of production; economic factors determining firms make or buy strategies; and business strategies in different market environments. -- Course Website
Prerequisites: Entry into the Master of Management suite of programs, the Master of Business and Information Technology and the Master of Energy Systems.