UNIT OUTLINE

UNIT OUTLINE
UNIT OUTLINE
Read this document to learn essential details about your unit. It will
also help you to get started with your studies.
BEA683
Economics for Managers
Semester 2, 2015
THIS UNIT IS BEING OFFERED IN
HOBART & BY DISTANCE
Taught by:
Dr Seu Keow Cheng
CRICOS Provider Code: 00586B
BEA683 Economics for Managers
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Contents
Contact Details ........................................................................................................................................ 2
Unit Description ...................................................................................................................................... 3
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s) ............................................................................ 3
Enrolment in the Unit ............................................................................................................................. 3
When does the unit commence? ............................................................................................................ 3
University of Tasmania Graduate Quality Statement ............................................................................. 3
Intended Learning Outcomes for BEA683 .............................................................................................. 4
Learning Expectations and Teaching Strategies/Approach .................................................................... 5
Learning Resources ................................................................................................................................. 5
Student Feedback via eVALUate ............................................................................................................. 7
Details of Teaching Arrangements .......................................................................................................... 8
Assessment ........................................................................................................................................... 10
Submission of Assessment Items .......................................................................................................... 12
Review of Assessment and Results ....................................................................................................... 14
Further Support and Assistance ............................................................................................................ 15
Academic Misconduct and Plagiarism .................................................................................................. 16
Study Schedule ...................................................................................................................................... 17
Tutorial Schedule .................................................................................................................................. 18
Contact Details
Unit Coordinator and Lecturer:
Dr Seu Keow Cheng
Campus:
Hobart
Room Number:
208, Centenary Building
Email:
[email protected]
Phone:
6226 2307
Consultation:
Thursday, 10am-11am
Tutor:
Mr Stuart Graham (TBC)
Campus:
Hobart
Email:
[email protected]
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Unit Description
This unit provides managers with an introduction to a comprehensive range of key microeconomic
and macroeconomic topics. The emphasis is on the practical application of basic economic concepts
and models to real world, business oriented problems and on developing students’ ability to apply
the economic way of thinking to solving problems within a firm and understanding the economic
environment in which they operate.
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s)
Students do not need to have studied economics before, however a basic proficiency in English
language skills and in constructing and interpreting simple graphs, and in basic algebra is assumed.
Enrolment in the Unit
Unless there are exceptional circumstances, students should not enrol in this unit after the end of
week two of semester, as the Tasmanian School of Business and Economics (TSBE) cannot guarantee
that:


any extra assistance will be provided by the teaching team in respect of work covered in the
period prior to enrolment; and
penalties will not be applied for late submission of any piece or pieces of assessment that were
due during this period.
When does the unit commence?
The unit’s teaching schedule commences in the week beginning 13 July 2015.
University of Tasmania Graduate Quality Statement
The units in your course, including this unit, have been designed to cumulatively develop the
graduate qualities outlined in the University’s Graduate Quality Statement:
Our graduates are equipped and inspired to shape and respond to the opportunities and
challenges of the future as accomplished communicators, highly regarded professionals and
culturally competent citizens in local, national, and global society. Graduates acquire subject and
multidisciplinary knowledge and skills and develop critical and creative literacies and skills of
inquiry. Our graduates recognise and critically evaluate issues of social responsibility, ethical
conduct and sustainability.
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Intended Learning Outcomes for BEA683
INTENDED LEARNING
OUTCOMES
RELATED ASSESSMENT CRITERIA OR MODULE LEVEL LEARNING
OBJECTIVES
ASSESSMENT METHODS
COURSE LEVEL LEARNING OUTCOMES
Learning Outcome 1
Define, measure and interpret key micro-economic and macroeconomic concepts.
Semester test, group
assignment and final
examination.
Successful completion of this unit supports your
development of course learning outcomes,
which describe what a graduate of a course
knows, understands and is able to do. Course
learning outcomes are available from the
Course Coordinator. Course learning outcomes
are developed with reference to national
discipline standards, Australian Qualifications
Framework (AQF), any professional
accreditation requirements and the University
of Tasmania’s Graduate Quality Statement.
Define, measure and
interpret key economic
concepts.
Learning Outcome 2
Apply the economic
way of thinking to
explain simple
economic events,
decisions and actions.
Learning Outcome 3
Illustrate key micro-economic and macro-economic concepts
with real world examples.
Apply economic thinking to everyday events, decisions and
actions.
Semester test, group
assignment and final
examination.
Recognise and articulate interesting economic questions about
the world around you.
Use the supply and demand model to analyse competitive
market behaviour.
Use economic theory
and models to analyse a
range of economic
problems and to inform Develop economic policy advice based on economic theory.
individual and
business/government
decision-making.
Use graphs effectively in support of economic analysis and
explanations.
Communicate economic analysis and policy advice clearly in a
written form.
Group assignment and final
examination.
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Learning Expectations and Teaching Strategies/Approach
The University is committed to a high standard of professional conduct in all activities, and holds its
commitment and responsibilities to its students as being of paramount importance. Likewise, it
holds expectations about the responsibilities students have as they pursue their studies within the
special environment the University offers. The University’s Code of Conduct for Teaching and
Learning states:
Students are expected to participate actively and positively in the teaching/learning
environment. They must attend classes when and as required, strive to maintain steady
progress within the subject or unit framework, comply with workload expectations, and
submit required work on time.
Work, Health and Safety (WH&S)
The University is committed to providing a safe and secure teaching and learning environment. In
addition to specific requirements of this unit, you should refer to the University’s policy at:
www.utas.edu.au/work-health-safety.
Learning Resources
Prescribed Text/Software
A prescribed text is a resource that you must have access to for the purposes of studying this unit. Information regarding
how these may be purchased is attached.
Keat, P, Young, P & Erfle, S 2014, Managerial economics global edition, 7th edn, Pearson Education
Limited, England. (ISBN 9780273791935)
It is essential that you have ready access to the above prescribed text. Note that weekly readings will
be drawn largely from this text. Additional readings/references (i.e. Chapters 13, 14 and 15 from
Bernanke, BS, Olekalns, N & Frank, RH 2011, Principles of macroeconomics, 3rd edn, will be posted on
MyLO in due course.
Recommended Texts/Software
A recommended text is a resource that you can use to broaden your understanding of the topics covered in this unit. You
may also find a recommended text helpful when conducting research for assignments.
There are a large number of introductory economics texts that cover much the same material as the
prescribed text. Any of the following would provide useful supplementary reading:



Bade, R & Parkin, M 2007, Essential foundations of economics, 3rd edn, Pearson Addison Wesley,
Boston.
Jackson, J, Mclver, R, Bajada, C & Hettihewa, S 2005, Economics principles, McGraw-Hill Australia.
Gans, J, King, S, Stonecash, R & Mankiw, NG 2003, Principles of economics, 2nd edn, Harcourt
Brace and Company, Australia.
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My Learning Online (MyLO)
Access to the MyLO online learning environment unit is required for this unit. The unit has its own
MyLO site.
To log into MyLO and access this unit, go to: http://www.utas.edu.au/mylo. To access the unit,
select BEA683.
For help using MyLO go to http://www.utas.edu.au/mylo.
Technical requirements for MyLO
MyLO can be accessed via Library computers and in computer labs on campus. See:
http://www.utas.edu.au/it/computing-distributed-systems/computer-labs-facilities-and-locations
For further technical information and help, contact the UTAS Service Desk on 6226 1818 or at
http://www.utas.edu.au/service-desk during business hours.
Learning to use MyLO
When you log into MyLO, you will see a unit called Getting Started with MyLO. Enter this unit to
learn more about MyLO, and to practise using its features.
MyLO Expectations
1.
Students are expected to maintain the highest standards of conduct across all modes of
communication, either with staff or with other students. Penalties may be imposed if the Unit
Coordinator believes that, in any instance or mode of communication, your language or
content is inappropriate or offensive. MyLO is a public forum. Due levels of respect,
professionalism and high ethical standards are expected of students at all times.
2.
Submission of assessment tasks via MyLO presumes that students have read, understood and
abide by the requirements relating to academic conduct, and in particular, those requirements
relating to plagiarism. All work submitted electronically is presumed to be “signed-off” by the
student submitting as their own work. Any breach of this requirement will lead to student
misconduct processes.
3.
MyLO is an Internet service for teaching and learning provided by the University. It is
expected that you check your units in MyLO for updates at least once a day.
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Using MyLO BEA683
IMPORTANT! Before you are provided with access to your unit’s MyLO resources, you must
complete the Student Agreement form. To do this:
1. Access the unit’s MyLO site.
2. Locate the Begin Here folder and click on it to open it. You can find the Begin Here folder by
scrolling down until you see Content Browser OR by clicking on the Content button.
OR
3. Once you have opened the Begin Here folder, click on the Student Agreement file.
OR
4. Read the terms, then check the I agree box. You should now be able to access all available
unit content on MyLO. You only need to do this once in each MyLO unit.
Other important resources on MyLO
Students are expected to regularly check on MyLO for any updates in relation to the unit. Essentially,
MyLO has been incorporated into the delivery of this unit to enhance students’ learning experience,
by providing access to up-to-date course materials, and allowing for online discussion. In addition to
the lecture slides which are uploaded on MyLO on a weekly basis, other unit-related materials such
as supplementary readings and assessment guides can also be accessed on MyLO. Further, students
are also expected to engage in an active discussion about issues related to the unit through the
discussion forums or chat rooms that are available on MyLO: this is particularly helpful for distance
students who may utilise the facilities available on MyLO to contact their fellow distance students
and form groups to complete any group assessment tasks for this unit. In this regard, MyLO should
be treated as the unit's critical platform for learning and communication.
Student Feedback via eVALUate
At the conclusion of each unit, students will be asked to provide online responses to a number of
matters relating to the learning and teaching within that unit. All students are asked to respond
honestly to these questions, as all information received is used to enhance the delivery of future
offerings.
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Changes to this Unit Based on Previous Student Feedback
The textbook for this unit is the same as for semester 2, 2014. This textbook covers the
fundamentals of microeconomics which are useful for business students. Based on positive student
feedback in 2014, the three selected macroeconomic topics (i.e. International trade, exchange rates
and open economy, and balance of payments) will be delivered again in this semester. The reading
materials for these topics will be posted on MyLO in week 8.
Details of Teaching Arrangements
Lecture/Tutorial/Mode
For Hobart Face-to-Face Students:
Lectures:
There will be a two-hour lecture held each week from Week 1 to Week 13 inclusive. It is
recommended that you complete the required reading prior to attending each lecture. Lecture slides
will be available on MyLO 2-3 days prior to each lecture. It is recommended that you take a copy of
the lecture slides with you to class and use these as a basis for your own note-taking. Developing
lecture notes is your own responsibility in this unit. If you miss a lecture ask a friend or acquaintance
for notes. Lecture slides are not an adequate substitute for attending lectures and taking your own
notes.
Tutorials:
In addition to lectures, there will be a one-hour tutorial held each week from Week 2 to Week 13
inclusive. The tutorial will review the material covered in the lecture from the previous week. The
selected practice questions for each lecture will be posted on MyLO approximately one week before
the commencement of each session. It is expected that you will attend your tutorial every week and
that you will have attempted the assigned study tasks prior to attending the tutorial. Preparation is
very important for identifying which concepts and skills you have mastered and which concepts and
skills need further development. The solutions guide for the selected practice questions will be
posted on MyLO by the end of each week during the semester.
You are required to sign up for a one-hour tutorial session. You will find the tutorial groups sign-up
sheets on the home page of the BEA683 MyLO site in week 1. To sign up, follow the instructions as
shown below:
1. Select the «Groups» tool on the home page of MyLO. A list containing the time, day of week and
room information for each group will be displayed.
2. Click the « Join » button on the right hand side of the screen of the group you wish to attend.
3. Ensure that you make your selection carefully. Changes will only be considered under
exceptional circumstances by consulting your lecturer/tutor.
BEA683 Economics for Managers
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Lecture/Tutorial/Mode (continued)
For Distance Learning Students:
Lectures:
As you will be using the same weekly lecture slides provided to the students from face-to-face mode,
each lecture conducted for face-to-face mode will be recorded and uploaded onto MyLO on a
weekly basis to assist you with the required learning. You are expected to follow the recorded
lectures on a regular basis in order to perform well in this unit.
The lecture slides for each lecture will be posted on MyLO 2-3 days before the commencement of
the class. It is important that you check MyLO regularly for any updates on the unit content.
Tutorials:
Similar to the lectures, you will be using the same tutorial questions provided to the students from
the face-to-face mode. Selected questions for the weekly tutorial will be posted on MyLO
approximately one week before the commencement of each session. Similar to the lectures, the
recording for each tutorial will be made available on MyLO on a weekly basis to assist you with the
required learning. In addition, answers to selected tutorial practice questions will be posted on
MyLO by the end of each week during the semester.
Communication, Consultation and Appointments
TO KEEP UP WITH ANNOUNCEMENTS REGARDING THIS UNIT
Check the MyLO News tool at least once every two days. The unit News will appear when you first
enter our unit’s MyLO site. Alternatively, click on the News button (towards the top of the MyLO
screen) at any time.
WHEN YOU HAVE A QUESTION
Other students may have the same question that you have. Please go to the Q&A Forum on our
course’s MyLO site. Check the posts that are already there – someone may have answered your
question already. Otherwise, add your question as a new topic. Students are encouraged to support
each other using this forum – if you can answer someone’s question, please do. We will attempt to
respond to questions within 48 business hours. If your question is related to a personal issue or your
performance in the unit, please contact the appropriate teaching staff member by email instead.
WHEN YOU HAVE AN ISSUE THAT WILL IMPACT ON YOUR STUDIES OR THE SUBMISSION OF AN
ASSESSMENT TASK
If you have a personal question related to your studies or your grades, please contact teaching staff
by email.
For general questions about the unit, please add them to the Q&A forum on our unit’s MyLO site.
This way, other students can also benefit from the answers.
A NOTE ABOUT EMAIL CORRESPONDENCE
You are expected to check your UTAS email (WebMail) on a regular basis – at least three times per
week. To access your WebMail account, login using your UTAS username and password at
https://webmail.utas.edu.au/.
You are strongly advised not to forward your UTAS emails to an external email service (such as gmail
or Hotmail). In the past, there have been significant issues where this has occurred, resulting in UTAS
BEA683 Economics for Managers
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being blacklisted by these email providers for a period of up to one month. To keep informed, please
use your UTAS email as often as possible.
We receive a lot of emails. Be realistic about how long it might take for us to respond. Allow at least
TWO (2) business days to reply. Staff are not required to respond to emails where students do not
directly identify themselves, are threatening or offensive, or come from external (non-UTAS) email
accounts.
When you write an email, you must include the following information. This helps teaching staff to
determine who you are and which unit you are talking about.






Family name
Preferred name
Student ID
Unit code (i.e. BEA683)
Questions
If your question is about an assessment task, please include the assessment task
number or name.
Assessment
How Your Final Result Is Determined
In order to pass this unit you must achieve an overall mark of at least 50% of the total available
marks. Details of each assessment item are outlined below.
Assessment Schedule
Assessment Items
Semester Test
Due Date
Thursday, 10 September
(3pm - 4:30pm AEST).
Value/Weighting
20%
Link to Learning Outcomes
Learning Outcome 1
Learning Outcome 2
Group Assignment Monday, 5 October
(2pm AEST).
20%
Learning Outcome 1
Learning Outcome 2
Learning Outcome 3
Final Examination
60%
Learning Outcome 1
Learning Outcome 2
Learning Outcome 3
The final exam held in
the formal examination
period. See the Current
Students homepage
(Student
Administration) on the
University's website.
BEA683 Economics for Managers
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Assessment Item 1 – Semester Test
Task Description:
This is an open-book test. The test consists of 35 multiple choice questions. It
intends to test your knowledge and ability to interpret and apply the
economic theories/concepts to be covered from week 1 to week 6.
For Hobart Face-to-Face Students: Please note that the test will be held on
the 10th of September during lecture hours between 3pm and 4:30pm AEST.
For Distance Learning Students: Please note that you are required to
complete the test online on the 10th of September between 3pm and
4:30pm AEST. If you are employed, please ensure that you are able to do the
online test on the day and time as specified. Further instruction about the
test will be provided on MyLO approximately one week before the test
commences.
Task Length:
90 minutes
Assessment Criteria:
Two marks for each correct answer
Link to Unit’s
Learning Outcomes:
Learning Outcomes 1 and 2
Due Date:
Thursday, 10 September 2015
Value:
20%
Assessment Item 2 – Group Assignment
Task Description:
You must form a group consisting of 3 students to complete this assignment.
In general, you are required to demonstrate your ability in applying the
economic way of thinking to real-world problems. Further details of the
assignment will be posted on MyLO in week 5.
Task Length:
Maximum 2500 words. The word count includes such items as headings, intext references, and quotes. It does not include the reference list at the end
of the assignment.
Assessment Criteria:
The assignment will be assessed in terms of your ability to apply various
economic theories and models to analyse relevant economic issues, and to
interpret their implications for business or government policy decision
making.
Link to Unit’s
Learning Outcomes:
Learning Outcomes 1, 2 and 3
Due Date:
Monday, 5 October (2pm AEST)
Value:
20%
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Assessment Item 4 – Final exam
Task Description:
This is a closed-book examination and you are required to complete a mix of
5 conceptual and analytical/problem solving questions. The examination
covers all the learning materials to be delivered from week 1 to week 12.
General information about the examination will be discussed during lecture
in week 11 or 12.
Task Length:
3 hours
Link to Unit’s
Learning Outcomes:
Learning Outcomes 1, 2 and 3
Due Date:
The final exam is conducted by the University Registrar in the formal
examination period. See the Current Students homepage (Examinations and
Results) on the University's website.
Value:
60%
Your final examination for this unit will be held during the scheduled examination period as
indicated by Student Administration in correspondence to you.
Examinations will normally be scheduled Monday to Saturday inclusive. Examinations may be held
during the day or evening and students should consult the university information which will be made
available towards the end of semester.
You are advised to make any necessary arrangements with employers now for time off during the
examination period to sit this examination. Your participation at the scheduled time is not
negotiable unless there are exceptional circumstances. Note that you will be expected to sit the
examination at your recorded study centre. To find out more go to the Exams Office website:
http://www.utas.edu.au/exams/home.
Submission of Assessment Items
Lodging Assessment Items
Assignments must be submitted electronically through the relevant assignment drop box in MyLO.
Students must ensure that their name, student ID, unit code, tutorial time and tutor’s name (if
applicable) are clearly marked on the first page. If this information is missing, the assignment will
not be accepted and, therefore, will not be marked.
Where relevant, Unit Coordinators may also request students submit a paper version of their
assignments. Students will be advised by the Unit Coordinator of the appropriate process.
Please remember that you are responsible for lodging your assessment items on or before the due
date and time. We suggest you keep a copy. Even in ‘perfect’ systems, items sometimes go astray.
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Late Assessment and Extension Policy
In this Policy:
1.
2.
3.
4.
5.
6.
7.
(a) ‘day’ or ‘days’ includes all calendar days, including weekends and public holidays;
(b) ‘late’ means after the due date and time; and
(c) ‘assessment items’ includes all internal non-examination based forms of assessment
This Policy applies to all students enrolled in TSBE Units at whatever Campus or geographical
location.
Students are expected to submit assessment items on or before the due date and time specified
in the relevant Unit Outline. The onus is on the student to prove the date and time of
submission.
Students who have a medical condition or special circumstances may apply for an extension.
Requests for extensions should, where possible, be made in writing to the Unit Coordinator on
or before the due date. Students will need to provide independent supporting documentation
to substantiate their claims.
Late submission of assessment items will incur a penalty of 10% of the total marks possible for
that piece of assessment for each day the assessment item is late unless an extension had been
granted on or before the relevant due date.
Assessment items submitted more than five (5) days late will not be accepted.
Academic staff do NOT have the discretion to waive a late penalty, subject to clause 4 above.
Academic Referencing and Style Guide
Before starting their assignments, students are advised to familiarise themselves with the following
electronic resources.
The first is the Harvard Referencing System Style Guide, which can be accessed from the UTAS
library: http://utas.libguides.com/content.php?pid=27520&sid=199808. The Harvard style is the
appropriate referencing style for this unit and the guide provides information on presentation of
assignments, including referencing styles. In your written work you will need to support your ideas
by referring to scholarly literature, works of art and/or inventions. It is important that you
understand how to correctly refer to the work of others and maintain academic integrity.
Failure to appropriately acknowledge the ideas of others constitutes academic dishonesty
(plagiarism), a matter considered by the University of Tasmania as a serious offence.
The second is the Tasmanian School of Business and Economics’s Writing Assignments: A Guide,
which can be accessed at: http://www.utas.edu.au/business-and-economics/student-resources ..
This guide provides students with useful information about the structure and style of assignments in
the TSBE.
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Review of Assessment and Results
Review of Internal Assessment
It is expected that students will adhere to the following policy for a review of any piece of
continuous/internal assessment. The term continuous/internal assessment includes any assessment
task undertaken across the teaching phase of any unit (such as an assignment, a tutorial
presentation, and online discussion, and the like), as well as any capstone assignment or take-home
exam.
Within five (5) days of release of the assessment result a student may request a meeting with the
assessor for the purpose of an informal review of the result (in accordance with Academic
Assessment Rule No. 2 Clause 22 – www.utas.edu.au/academic-governance/academicsenate/academic-senate-rules . During the meeting, the student should be prepared to discuss
specifically the marks for the section(s) of the marking criteria they are disputing and why they
consider their mark(s) is/are incorrect. The assessor will provide a response to the request for
review within five (5) days of the meeting.
If the student is dissatisfied with the response they may request a formal review of internal
assessment by the Head of School, with the request being lodged within five (5) days of the informal
review being completed. A Review of Internal Assessment Form is available at the following link:
http://www.utas.edu.au/business-and-economics/student-resources/forms. The form must be
submitted to the TSBE Office.
Review of Final Exam/Result
In units with an invigilated exam students may request a review of their final exam result. You may
request to see your exam script after results have been released by completing the Access to Exam
Script Form, which is available from the TSBE Office, or at the following link –
http://www.utas.edu.au/business-and-economics/student-resources/forms. Your unit coordinator
will then contact you by email within five (5) working days of receipt of this form to go through your
exam script.
Should you require a review of your final result a formal request must be made only after
completing the review of exam script process list above. To comply with UTAS policy, this request
must be made within ten (10) days from the release of the final results (in accordance with
Academic Assessment Rule No. 2 Clause 22 – www.utas.edu.au/academic-governance/academicsenate/academic-senate-rules . You will need to complete an Application for Review of Assessment
Form, which can be accessed from http://www.utas.edu.au/exams/exam-and-results-forms. Note
that if you have passed the unit you will be required to pay $50 for this review.
The TSBE reserves the right to refuse a student request to review final examination scripts should
this process not be followed.
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Further Support and Assistance
If you are experiencing difficulties with your studies or assessment items, have personal or lifeplanning issues, disability or illness that may affect your study, then you are advised to raise these
with your lecturer or tutor in the first instance.
If you do not feel comfortable contacting one of these people, or you have had discussions with
them and are not satisfied, then you are encouraged to contact:
ACADEMIC DIRECTOR – POSTGRADUATE PROGRAMS
Name:
Dr Rob Hecker
Room:
307, Centenary Building, Sandy Bay
Email:
[email protected]
Students are also encouraged to contact their Undergraduate Student Adviser who will be able to
help in identifying the issues that need to be addressed, give general advice, assist by liaising with
academic staff, as well as referring students to any relevant University-wide support services. Please
refer to the Student Adviser listings at www.utas.edu.au/first-year/student-advisers for your
adviser’s contact details.
There is also a range of University-wide support services available to students, including Student
Centre Administration, Careers and Employment, Disability Services, International and Migrant
Support, and Student Learning and Academic Support. Please refer to the Current Students website
(available from www.utas.edu.au/students) for further information.
If you wish to pursue any matters further then a Student Advocate may be able to assist.
Information about the advocates can be accessed from www.utas.edu.au/governance-legal/studentcomplaints. The University also has formal policies, and you can find out details about those from
that link.
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Academic Misconduct and Plagiarism
Academic misconduct includes cheating, plagiarism, allowing another student to copy work for an
assignment or an examination, and any other conduct by which a student:
(a) seeks to gain, for themselves or for any other person, any academic advantage or advancement
to which they or that other person are not entitled; or
(b) improperly disadvantages any other student.
Students engaging in any form of academic misconduct may be dealt with under the Ordinance of
Student Discipline. This can include imposition of penalties that range from a deduction/cancellation
of marks to exclusion from a unit or the University. Details of penalties that can be imposed are
available in the Ordinance of Student Discipline – Part 3 Academic Misconduct, see
http://www.utas.edu.au/university-council/university-governance/ordinances.
Plagiarism is a form of cheating. It is taking and using someone else’s thoughts, writings or
inventions and representing them as your own, for example:
• using an author’s words without putting them in quotation marks and citing the source;
• using an author’s ideas without proper acknowledgment and citation; or
• copying another student’s work.
It also means using one’s own work from previously submitted assessment items if repeating a unit.
If you have any doubts about how to refer to the work of others in your assignments, please
consult your lecturer or tutor for relevant referencing guidelines, and the academic integrity
resources on the web at http://www.utas.edu.au/academic-integrity/The intentional copying of
someone else’s work as one’s own is a serious offence punishable by penalties that may range from
a fine or deduction/cancellation of marks and, in the most serious of cases, to exclusion from a unit,
a course, or the University.
The University and any persons authorised by the University may submit your assessable works to
a plagiarism checking service, to obtain a report on possible instances of plagiarism. Assessable
works may also be included in a reference database. It is a condition of this arrangement that the
original author’s permission is required before a work within the database can be viewed.
For further information on this statement and general referencing guidelines, see
www.utas.edu.au/plagiarism/ or follow the link under ‘Policy, Procedures and Feedback’ on the
Current Students homepage.
BEA683 Economics for Managers
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Study Schedule
Week
Start of Week
Topic/Activity
Chapter (Text)/Reference
1
Monday 13 July
Introduction.
The firm and its goals.
Chapter 1
Chapter 2
2
Monday 20 July
Supply and demand.
Chapter 3
3
Monday 27 July
Demand elasticity and other
elasticity measures.
Chapter 4
4
Monday 3 August
The theory and estimation of
production.
Chapter 6
5
Monday 10 August
The theory and estimation of cost. Chapter 7
6
Monday 17 August
Pricing and output decisions:
Perfect competition and
monopoly.
Chapter 8
7
Monday 24 August
Pricing and output decisions:
Monopolistic competition and
oligopoly.
Chapter 9
Mid-Semester Break: 31 August – 4 September inclusive
8
Monday 7 September
Semester test (3pm - 4:30pm
AEST)
9
Monday 14 September
Special pricing practices.
10
Monday 21 September
International trade.
11
Monday 28 September
12
Monday 5 October
13
Monday 12 October
Chapter 10
Chapter 13 (Reference:
Bernanke, BS, Olekalns, Nilss &
Frank, RH, 2011. Will be posted
on MyLO)
Exchange rate and the open
Chapter 14 (Reference:
economy.
Bernanke, BS, Olekalns, Nilss &
Frank, RH, 2011. Will be posted
on MyLO)
Balance of payments.
Chapter 15 (Reference:
Bernanke, Ben S., Olekalns,
Nilss and Frank, Robert H.
(2011). Will be posted on
MyLO)
Feedback, and information on examination.
Examination Period: 24 October – 10 November 2015
BEA683 Economics for Managers
18
Tutorial Schedule
Please note that the tutorial schedule commences in week 2 of semester.
Week Start of Week
Topic (Text)
2
Monday 20 July
Introduction
The firm and its goals
3
Monday 27 July
Supply and demand
4
Monday 3 August
Demand elasticity and other elasticity measures
5
Monday 10 August
The theory and estimation of production
6
Monday 17 August
The theory and estimation of cost
7
Monday 24 August
Pricing and output decisions: Perfect competition and
monopoly
Mid-Semester Break: 31 August – 4 September inclusive
8
Monday 7 September
No tutorial - Semester Test
9
Monday 14 September
Pricing and output decisions: Monopolistic competition and
oligopoly
10
Monday 21 September
Special pricing practices
11
Monday 28 September
International trade
12
Monday 5 October
Exchange rate and the open economy
13
Monday 12 October
Balance of payments
Examination Period: 24 October – 10 November 2015
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