CQUniversity Australia
ECON20039: Economics for Managers
Final Examination Guide and Notes 2020
 
Part A: About This Guide
Part B: Sample Final Examination Paper
Part C: Suggested Solutions to Final Exam Paper
Part D: Final Examination - Hints and Tips
 
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CQUniversity Australia - ECON20039: Economics for Managers

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ACADEMIC YEAR 2019 - 2020

University	CQUniversity Australia
Study Level	Postgraduate
Unit Code	ECON20039
Unit Name	Economics for Managers
Notes Title	Final Examination Guide and Notes
Page Length	30

This guide allows you to understand how the ECON20039: Economics for Managers, CQUniversity Australia - Final Examination 2020 will be assessed, structured and the likely style and range of questions that would be asked. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam. You do not need to be an expert in the course, you just need a basic understanding and be able to quickly recall the information that you learn. You can use these notes as a reference, to understand the topics better and improve your grades in your final examination.

This unit encompasses a broad ranging introduction to economic theory and analysis as well as a study of some applications of economics to economic systems and to enterprises. You will be required to study microeconomics (how individual businesses and sectors operate) and macroeconomics (how an economy works as a whole). You will also be required to gain some understanding of why institutions are very important in an economy, and how internal and international trade creates economic wealth. Key goals in the unit will be to raise awareness of the importance of economic systems, introduction to the different fields of economic theory that are relevant to business, and develop some analytical skills.

On successful completion of this unit, you should be able to:

evaluate the theory of demand and supply in relation to price determination and examine some cases of market failure
critically compare and contrast the characteristics of different market structures regarding the allocation of resources
explain the macroeconomic concepts and demonstrate their application to study inflation and unemployment
examine monetary and financial systems, the role of international trade, exchange rates and balance of payments issues and communicate these in economic terms.

UNIT CODE	UNIT NAME
ACCT11081	Introductory Financial Accounting
ACCT19060	Management Accounting
ACCT20070	Accounting in Australia
ACCT20073	Company Accounting
ACCT20077	Accounting for Management Decision Making
ECON11026	Principles of Economics
ECON19033	Macroeconomics
ECON20039	Economics for Managers
ECON28001	Economics and Finance for Business
FINC19011	Business Finance
FINC19012	Investment Analysis and Risk Management
FINC20018	Managerial Finance
FINC20019	Money and Capital Market Analysis
FINC20023	International Financial Management
HRMT11010	Organisational Behaviour
LAWS11030	Foundations of Business Law
LAWS20060	Taxation Law of Australia
MRKT11029	Marketing Fundamentals
STAT11048	Essential Statistics
STAT20029	Statistics for Managerial Decisions

CQUniversity Australia - ECON20039: Economics for Managers

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