THE UNIVERSITY OF SOUTH AUSTRALIA 
ECON 2010 - Economic Analysis of Business Decisions 
Final Examination Guide and Notes 2024 
 
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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University of South Australia

ECON2010: Economic Analysis of Business Decisions - UniSA

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ACADEMIC YEAR 2023 - 2024

University	University of South Australia
Study Level	Undergraduate
Area/ Catalogue	ECON 2010
Course Name	Economic Analysis of Business Decisions
Notes Title	Final Examination Guide and Notes
Page Length	30

This guide allows you to understand how the ECON 2010: Economic Analysis of Business Decisions, University of South Australia - Final Examination 2024 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 the final examination.

This course, Economic Analysis of Business Decisions (ECON 2010) - aims to enable students to apply economic analysis to the behaviour of individuals, businesses and governments and to consider the effect of this behaviour on market outcomes.

Main topics to be covered:

Review of the basic framework of business economics:
- Objectives and constraints in decision-making
- Incentives and their impact on behaviour
- Understanding opportunity costs
- Application of the time-value of money and marginal analysis
Oligopoly:
- Non-collusive models and collusive models
Concentration:
- Measurement and determinants of market concentration
Barriers to entry:
- Factors that restrict new firms from entering markets
Market Structure, firm strategy, and performance:
- Relationship between market structure, firm behavior, and performance
Pricing strategy:
- Determining factors and approaches to pricing products and services
Auctions, Advertising, Research and Development:
- Impact of these activities on market dynamics and firm performance
Competition Policy and Regulation:
- Role of government policies and regulations in promoting competition and ensuring market efficiency.

AREA / CATALOGUE	COURSE NAME
ACCT 1006	Financial Accounting 1
ACCT 1008	Accounting for Business
ACCT 2005	Financial Accounting 2
ACCT 2006	Management Accounting
ACCT 3002	Taxation Law 1
BANK 1005	Financial Markets and Institutions
BANK 2007	Business Finance
BANK 3004	Portfolio and Fund Management
BANK 3009	Corporate Valuation and Risk Management
BANK 3011	International Currency and Banking Markets
BUSS 2068	Management and Organisation
ECON 1007	Macroeconomics
ECON 1008	Principles of Economics
ECON 2007	Empirical Business Analysis
ECON 2010	Economic Analysis of Business Decisions
LAWS 1018	Business Law
MARK 1010	Marketing Principles: Trading and Exchange
MATH 1053	Quantitative Methods for Business
MATH 1068	Statistical Methods

ECON2010: Economic Analysis of Business Decisions - UniSA

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