Firms,Markets and Business Management
BUSS5001
This unit introduces accounting students to the importance of market types (for product, capital, labour, knowledge, materials, etc) and market mechanisms, structures and regulation on business operations and decision-making. Knowledge of firm-level economics, demand, supply, pricing, costs and revenues, productivity and market structures is integrated with the foundational tenets of business decision-making and applied to a variety of situations encountered by managers in the contemporary global economy. The unit also covers national income accounting, macroeconomic concepts, fiscal and monetary policy and related macro-economic themes relevant to business management and accounting practice. Consideration is also given to the influence of institutions factors, government regulation, social change and technological innovation on business operations and decision-making, with particular emphasis on the learning needs of aspiring business and accounting professionals. Consideration is given to ethical business practice, and corporate social responsibility and sustainability.
Unit of study details
Unit of study level: Postgraduate
Credit points: 6
Commencing semesters: 1, 2
Further unit of study information
Unit of study handbook: BUSS5001
Costs and scholarships information: Costs and Scholarships
Final dates to withdraw from units of study: Census Dates
Available for study abroad and exchange: No